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- Accretion of Redeemable Non-controlling Interest (new) — A new $81.5M charge reduces net income attributable to Cactus and cuts EPS by over half despite higher net income.
Cactus revenue jumps 63.2% to $430.9M on Baker Hughes acquisition; net income up 49.3% to $62.2M
Filed October 30, 2026 · Period ending September 30, 2026 · Compared to 10-Q Oct 30, 2025 · ~1 min read
Key Changes
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Completed $344.5M acquisition of Baker Hughes Pressure Control on Jan 1, 2026, adding $82.6M goodwill and $228.8M intangibles.
Notes: Acquisition verify on EDGAR → -
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Total revenue rose 63.2% to $430.9M in Q3, with Pressure Control revenue up 80% to $304.0M.
MD&A: Segment revenue verify on EDGAR → -
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Net income attributable to Cactus rose 49.3% to $62.2M, but EPS fell to $0.87 diluted due to $81.5M accretion of redeemable non-controlling interest.
Income statement 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 · Nov 2, 2026 · How we verify