CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 445,614	$ 342,843
Accounts receivable, net of allowance of $4,223 and $3,779, respectively	201,382	191,627
Inventories	271,278	226,796
Prepaid expenses and other current assets	10,438	13,422
Total current assets	928,712	774,688
Property and equipment, net	346,616	346,008
Operating lease right-of-use assets, net	20,870	24,094
Intangible assets, net	152,001	163,991
Goodwill	203,028	203,028
Deferred tax asset, net	199,223	219,003
Investment in unconsolidated affiliates	5,692	0
Other noncurrent assets	8,634	8,516
Total assets	1,864,776	1,739,328
Current liabilities
Accounts payable	67,248	72,001
Accrued expenses and other current liabilities	75,878	75,416
Current portion of liability related to tax receivable agreement	20,297	20,297
Finance lease obligations, current portion	7,394	7,024
Operating lease liabilities, current portion	5,052	4,086
Total current liabilities	175,869	178,824
Deferred tax liability, net	2,449	2,868
Liability related to tax receivable agreement, net of current portion	261,367	258,376
Finance lease obligations, net of current portion	10,329	10,528
Operating lease liabilities, net of current portion	16,875	20,078
Other noncurrent liabilities	4,475	4,475
Total liabilities	471,364	475,149
Commitments and contingencies
Stockholders’ equity
Preferred stock, $0.01 par value, 10,000 shares authorized, none issued and outstanding	0	0
Additional paid-in capital	540,945	520,794
Retained earnings	650,356	552,133
Accumulated other comprehensive loss	(2,086)	(2,491)
Total stockholders’ equity attributable to Cactus Inc.	1,189,903	1,071,117
Non-controlling interest	203,509	193,062
Total stockholders’ equity	1,393,412	1,264,179
Total liabilities and equity	1,864,776	1,739,328
Class A Common Stock
Stockholders’ equity
Common stock, $0.01 par value	688	681
Class B Common Stock
Stockholders’ equity
Common stock, $0.01 par value	$ 0	$ 0