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- Removal of Detailed Patent Litigation Disclosure (removed) — The company removed its detailed description of the Cameron patent litigation and the related loss contingency assessment, now only referencing Note 11; the litigation could still have a material impact.
Cactus revenue jumps 64.3% to $449.5M after $344.5M Baker Hughes deal; net income up 21.5%
Filed July 31, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 31, 2025 · ~1 min read
Key Changes
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Subsequent event: On July 24, 2026, Cactus Companies, and Baker Hughes Oilfield Equipment Manufacturing – Sole Proprietorship L.L.C., a 65% owned indirect subsidiary of Cactus Companies that is organized in the UAE (“Cactus UAE”), ente…
Notes: Subsequent Events verify on EDGAR → -
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Revenue rose 64.3% to $449.5M, driven by the January 1, 2026 acquisition of a 65% stake in Baker Hughes Pressure Control for $344.5M.
Notes: Acquisition verify on EDGAR → -
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Net income increased 21.5% to $49.0M, but an $81.5M non-cash accretion charge on the redeemable non-controlling interest reduced income attributable to Cactus.
Notes: Accretion verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 3, 2026 · How we verify