Flagship explainer

How Cactus, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$1.1B · 100%Cost of revenue$680M · 63%Gross profit$399M · 37%Operating income$251M · 23%Income before tax$261M · 24%Income tax$59M · 5%Net income$166M · 15%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$1.1B100%
Cost of revenue$680M63%
$399M37%
$251M23%
Income before tax$261M24%
Income tax$59M5%
$166M15%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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