| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 153,340 | 103,152 |
| Depreciation and amortization | 47,752 | 31,564 |
| Deferred financing cost amortization | 839 | 559 |
| Stock-based compensation | 18,475 | 12,371 |
| Provision for expected credit losses | 874 | 300 |
| Inventory obsolescence | 2,439 | 902 |
| Gain on disposal of assets | 2,101 | 389 |
| Deferred income taxes | -22,678 | -12,775 |
| Change in fair value of earn-out liability | 0 | 0 |
| Gain from revaluation of liability related to tax receivable agreement and other | 221 | - |
| Accounts receivable | 9,463 | 15,715 |
| Inventories | 46,561 | 20,253 |
| Prepaid expenses and other assets | -2,350 | 1,009 |
| Accounts payable | -5,446 | 11,175 |
| Accrued expenses and other liabilities | 1,193 | -11,052 |
| Payments pursuant to tax receivable agreement | 0 | 0 |
| Payment of earn-out liability | 0 | - |
| Net cash provided by operating activities | 186,148 | 124,380 |
| Investment in unconsolidated affiliate | 6,000 | 6,000 |
| Capital expenditures and other | 32,351 | 22,168 |
| Proceeds from sales of assets | 3,626 | 1,661 |
| Net cash used in investing activities | -34,725 | -26,507 |
| Payment of contingent consideration | 0 | - |
| Payments on finance leases | 5,823 | 3,940 |
| Dividends paid to class a common stock shareholders | 27,793 | 18,153 |
| Distributions to members | 10,303 | 8,743 |
| Repurchases of shares | 5,914 | 5,710 |
| Net cash used in financing activities | -49,833 | -36,546 |
| Effect of exchange rate changes on cash and cash equivalents | 1,181 | 1,007 |
| Net increase in cash and cash equivalents | 102,771 | 62,334 |
| Cash and cash equivalents at beginning of period | 342,843 | - |
| Cash and cash equivalents at end of period | 445,614 | - |
Cactus, Inc. (WHD)
Cactus, Inc. (WHD)