Cactus forecasts 15%-20% revenue growth in spoolable technologies for Q3 2026, offset by a 10% decline in pressure control.
Cactus Inc. projected a 15%-20% increase in Q3 2026 revenue for its spoolable technologies segment, driven by demand trends. Pressure control revenue is expected to decline about 10% during the same period.
In Q2 2026, pressure control revenues exceeded expectations due to higher shipments and aftermarket services in the Middle East. The company did not provide a comparative figure for spoolable technologies in the prior quarter.
Management described Q2 2026 as an “excellent quarter,” though no immediate market reaction was detailed in the earnings call insights.