Cactus, Inc. Updates Q1 Outlook, Citing Middle East Uncertainty and Lower Pressure Control Expectations

summarizeSummary

Cactus, Inc. updated its Q1 2026 outlook, projecting Pressure Control revenue between $295-$305 million with a 23%-25% Adjusted EBITDA margin, and flat Spoolable Technologies revenue with a 34%-36% Adjusted EBITDA margin, citing Middle East uncertainty.

check_boxKey Events

• Updated Q1 Pressure Control Guidance

  Cactus, Inc. now expects Q1 2026 Pressure Control revenue (inclusive of Cactus International) to be between $295 million and $305 million, with an Adjusted EBITDA margin of 23% to 25%. This is biased towards the low end of prior guidance.

• Updated Q1 Spoolable Technologies Guidance

  The company anticipates Q1 2026 Spoolable Technologies revenue to be flat compared to Q4 2025, with an expected Adjusted EBITDA margin of 34% to 36%.

• Corporate Adjusted EBITDA Loss Projected

  Cactus, Inc. forecasts a Corporate and Other Adjusted EBITDA loss of approximately $5 million for the first quarter of 2026.

• Middle East Developments Impact Outlook

  The revised Pressure Control outlook is attributed to Middle East developments, with the company noting that impacts to the Q1 outlook remain highly uncertain due to ongoing events in the region.

auto_awesomeAnalysis

Cactus, Inc. has updated its first-quarter 2026 financial outlook, indicating a downward bias for its Pressure Control segment due to ongoing developments in the Middle East. This revision introduces uncertainty regarding the segment's performance. While Spoolable Technologies revenue is expected to remain flat, the overall updated guidance provides investors with a clearer, albeit more cautious, near-term financial picture, particularly concerning international operations following the recent Baker Hughes acquisition.