Cactus Announces Second Quarter 2026 Results
Cactus reported Q2 revenue of $449.5 million, a significant increase from the prior year, with operating income of $83.6 million and Adjusted EBITDA of $132.8 million. The Board approved a 7% increase in the quarterly dividend to $0.15 per share, supported by $104.6 million in operating cash flow and a cash balance of $365.8 million with no bank debt.
Key figures
- Eps
- 0.7
- Revenue
- 449528000
- Guidance
- Q3 consolidated revenue expected to be down slightly sequentially; Spoolable Technologies revenue expected to increase 15% to 20% sequentially; FY2026 capex raised to $55 million to $65 million
- Backlog
- 455800000
- Adjusted eps
- 0.93
- Adjusted ebitda
- 132780000
- Operating income
- 83582000
- Dividend per share
- 0.15
- Cash flow from operations
- 104600000
AI analysis
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