---
title: "Cactus (WHD) Q1 2026 Earnings Transcript"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288328326.md"
description: "Cactus (WHD) Q1 2026 revenue reached $388 million, up significantly due to Cactus International integration. Adjusted EBITDA rose to $100 million, though margins contracted from acquisition impacts and Middle East disruptions. The company raised synergy targets to $15 million annually. Backlog declined amid contract renegotiations and geopolitical tensions. Management anticipates flat Q2 revenue for Pressure Control and mid-single-digit growth for Spoolable Technologies, while focusing on working capital optimization and supply chain realignment to mitigate tariff exposures."
datetime: "2026-06-01T21:05:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288328326.md)
  - [en](https://longbridge.com/en/news/288328326.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288328326.md)
---

# Cactus (WHD) Q1 2026 Earnings Transcript

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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