Cactus, Inc. Files Pro Forma Financials for Major Baker Hughes Pressure Control Acquisition

summarizeSummary

Cactus, Inc. filed an amendment to its January 2, 2026 8-K, providing historical and pro forma financial statements for its significant acquisition of Baker Hughes Pressure Control LLC, clarifying the financial impact of the deal.

check_boxKey Events

• Acquisition Financials Disclosed

  This 8-K/A amends the original January 2, 2026 8-K to include the required historical financial statements of the acquired Baker Hughes Pressure Control LLC (SPC) business and unaudited pro forma financial information.

• Significant Acquisition Details

  Cactus, Inc. completed the acquisition of 65% of SPC for an aggregate purchase consideration of $382.0 million, funded with cash on hand and deferred consideration.

• Pro Forma Financial Impact

  The unaudited pro forma condensed combined financial information shows a significant increase in the combined entity's revenue and net income, reflecting the expanded scale post-acquisition.

• Strategic Rationale Confirmed

  The acquisition is expected to expand international market opportunities, increase product diversification, and enhance exposure to additional end-market streams.

auto_awesomeAnalysis

This 8-K/A provides the crucial financial details of Cactus, Inc.'s acquisition of 65% of Baker Hughes Pressure Control LLC (SPC), an event previously announced and detailed in the 2025 annual report. The filing includes historical financial statements for the acquired business and unaudited pro forma condensed combined financial information. This allows investors to fully assess the financial impact of the $382 million acquisition, which represents a significant expansion of Cactus's international market opportunities and product diversification. The pro forma statements show a substantial increase in the combined entity's revenue and net income, offering a clearer picture of the company's post-acquisition scale and financial performance.