Cactus Q4 revenue beats analyst estimates

Cactus

25/02/2026 23:08

Overview

Pressure control technology firm's Q4 revenue beat analyst expectations

Adjusted EBITDA for Q4 beat analyst expectations

Company completed acquisition of Baker Hughes Surface Pressure Control business

Outlook

Company expects flat U.S. land activity levels in Q1 2026

Cactus anticipates softer Pressure Control sales in Q1 2026

Company plans 2026 capital expenditures of $40 to $50 mln

Result Drivers

PRESSURE CONTROL REVENUE - Sequential increase driven by higher product sales per rig and increased rental revenues

SPOOLABLE TECHNOLOGIES DECLINE - Revenues decreased due to reduced customer activity in seasonally slow quarter

COST REDUCTION INITIATIVES - Improved operating margins in Pressure Control segment due to cost reduction and recovery initiatives

Company press release: ID:nBw3nKj09a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$261.20 mln
$250.77 mln (4 Analysts)
Q4 Adjusted Net Income
$52.13 mln
Q4 Net Income
$48.30 mln
Q4 Adjusted EBITDA
Beat
$85.49 mln
$77.92 mln (6 Analysts)
Q4 Adjusted EBITDA Margin
32.70%
Q4 Operating Income
$59.85 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil related services and equipment peer group is "buy"

Wall Street's median 12-month price target for Cactus Inc is $52.00, about 10.3% below its February 25 closing price of $58.00

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)