Cactus (WHD) Revenue & Revenue Breakdown
Cactus Revenue Highlights
Latest Revenue (Y)
$1.10B
Latest Revenue (Q)
$293.18M
Main Segment (Y)
Product
Cactus Revenue by Period
Cactus Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.10B | 59.36% |
| 2022-12-31 | $688.37M | 56.95% |
| 2021-12-31 | $438.59M | 25.83% |
| 2020-12-31 | $348.57M | -44.53% |
| 2019-12-31 | $628.41M | 15.49% |
| 2018-12-31 | $544.13M | 59.48% |
| 2017-12-31 | $341.19M | 120.06% |
| 2016-12-31 | $155.05M | -29.97% |
| 2015-12-31 | $221.40M | - |
Cactus generated $1.10B in revenue during NA 2023, up 59.36% compared to the previous quarter, and up 201.60% compared to the same period a year ago.
Cactus Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $293.18M | 0.96% |
| 2024-06-30 | $290.39M | 5.93% |
| 2024-03-31 | $274.12M | -0.27% |
| 2023-12-31 | $274.87M | -4.52% |
| 2023-09-30 | $287.87M | -5.87% |
| 2023-06-30 | $305.82M | 33.89% |
| 2023-03-31 | $228.41M | 21.64% |
| 2022-12-31 | $187.77M | 1.79% |
| 2022-09-30 | $184.48M | 8.38% |
| 2022-06-30 | $170.22M | 16.67% |
| 2022-03-31 | $145.90M | 12.30% |
| 2021-12-31 | $129.92M | 12.61% |
| 2021-09-30 | $115.36M | 5.94% |
| 2021-06-30 | $108.89M | 28.99% |
| 2021-03-31 | $84.42M | 23.98% |
| 2020-12-31 | $68.09M | 13.88% |
| 2020-09-30 | $59.79M | -10.16% |
| 2020-06-30 | $66.55M | -56.83% |
| 2020-03-31 | $154.14M | 9.91% |
| 2019-12-31 | $140.24M | -12.79% |
| 2019-09-30 | $160.81M | -4.56% |
| 2019-06-30 | $168.49M | 6.05% |
| 2019-03-31 | $158.88M | 13.62% |
| 2018-12-31 | $139.82M | -7.19% |
| 2018-09-30 | $150.66M | 8.74% |
| 2018-06-30 | $138.54M | 20.36% |
| 2018-03-31 | $115.11M | 9.85% |
| 2017-12-31 | $104.78M | 9.12% |
| 2017-09-30 | $96.03M | 17.28% |
| 2017-06-30 | $81.88M | 39.95% |
| 2017-03-31 | $58.50M | 18.08% |
| 2016-12-31 | $49.55M | 34.80% |
| 2016-09-30 | $36.76M | - |
Cactus generated $293.18M in revenue during Q3 2024, up 0.96% compared to the previous quarter, and up 95.87% compared to the same period a year ago.
Cactus Revenue Breakdown
Cactus Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Rental Revenue | $113.63M | $100.45M | $61.63M | $66.17M | $141.82M |
| Product and Service, Other | $172.95M | $135.30M | $96.05M | $75.60M | - |
| Product | $810.38M | $452.62M | $280.91M | $206.80M | $357.09M |
| Product And Service Other | - | - | - | - | $129.51M |
Cactus's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (73.87%), Product and Service, Other (15.77%), and Rental Revenue (10.36%).
Quarterly Revenue by Product
| Product/Service | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product and Service, Other | $44.80M | $44.28M | $42.67M | $41.47M | $44.70M | $45.71M | $41.08M | $35.90M | $35.59M | $34.29M | $29.52M | $26.92M | $25.26M | $23.90M | $19.97M | $16.48M | $14.05M | $14.12M | - | - |
| Rental Revenue | $26.98M | $25.21M | $23.94M | $28.71M | $28.88M | $28.22M | $27.82M | $27.31M | $27.11M | $23.70M | $22.34M | $19.23M | $15.27M | $14.64M | $12.49M | $8.59M | $9.88M | $11.54M | $36.16M | $28.21M |
| Product | $221.41M | $220.90M | $207.51M | $204.68M | $214.29M | $231.89M | $159.51M | $124.56M | $121.78M | $112.23M | $94.04M | $83.77M | $74.83M | $70.34M | $51.96M | $43.02M | $35.86M | $40.89M | $87.03M | $83.37M |
| Product And Service Other | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $30.95M | $28.65M |
Cactus's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (75.52%), Product and Service, Other (15.28%), and Rental Revenue (9.20%).
Cactus Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| NOV | NOV | $8.58B | $2.19B |
| CHX | ChampionX | $3.76B | $906.53M |
| MRC | MRC Global | $3.41B | $806.00M |
| NEX | NexTier Oilfield Solutions | $3.24B | $945.09M |
| OII | Oceaneering | $2.42B | $679.81M |
| RES | RPC | $1.62B | $337.65M |
| XPRO | Expro Group | $1.51B | $422.83M |
| VTOL | Bristow Group | $1.23B | $338.09M |
| WHD | Cactus | $1.10B | $293.18M |
| AROC | Archrock | $990.34M | $270.53M |
| NR | Newpark Resources | $749.60M | $179.01M |
| RNGR | Ranger Energy Services | $636.60M | $153.00M |
| SOI | Solaris Oilfield Infrastructure | $292.95M | $73.89M |
| DRQ | Dril-Quip | $2.56M | $110.30M |
WHD Revenue FAQ
What is Cactus’s yearly revenue?
Cactus's yearly revenue for 2023 was $1.1B, representing an increase of 59.36% compared to 2022. The company's yearly revenue for 2022 was $688.37M, representing an increase of 56.95% compared to 2021. WHD's yearly revenue for 2021 was $438.59M, representing an increase of 25.83% compared to 2020.
What is Cactus’s quarterly revenue?
Cactus's quarterly revenue for Q3 2024 was $293.18M, a 0.96% increase from the previous quarter (Q2 2024), and a 1.84% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $290.39M, a 5.93% increase from the previous quarter (Q1 2024), and a -5.05% decrease year-over-year (Q2 2023). WHD's quarterly revenue for Q1 2024 was $274.12M, a -0.27% decrease from the previous quarter (Q4 2023), and a 20.02% increase year-over-year (Q1 2023).
What is Cactus’s revenue growth rate?
Cactus's revenue growth rate for the last 3 years (2021-2023) was 150.11%, and for the last 5 years (2019-2023) was 74.56%.
What are Cactus’s revenue streams?
Cactus's revenue streams in c 23 are Rental Revenue, Product and Service, Other, and Product. Rental Revenue generated $113.63M in revenue, accounting 10.36% of the company's total revenue, up 13.12% year-over-year. Product and Service, Other generated $172.95M in revenue, accounting 15.77% of the company's total revenue, up 27.83% year-over-year. Product generated $810.38M in revenue, accounting 73.87% of the company's total revenue, up 79.04% year-over-year.
What is Cactus’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Cactus was Product. This segment made a revenue of $810.38M, representing 73.87% of the company's total revenue.