Cactus Non-GAAP EPS of $0.70 beats by $0.03, revenue of $388.3M beats by $7.53M

Cactus reported a Q1 Non-GAAP EPS of $0.70, exceeding estimates by $0.03, with revenue of $388.3 million, surpassing expectations by $7.53 million. The company achieved a net income margin of 10.4% and an adjusted net income margin of 14.5%. Adjusted EBITDA was $100.1 million, representing a margin of 25.8%. Cash flow from operations stood at $128.3 million, with cash and cash equivalents totaling $291.6 million, including $97.8 million for legal restructuring related to the Cactus International acquisition, and no bank debt as of March 31, 2026.