CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 123,571	$ 342,843
Restricted cash	371,011	0
Accounts receivable, net of allowance of $4,494 and $3,779, respectively	164,493	191,627
Inventories	276,613	226,796
Prepaid expenses and other current assets	19,231	13,422
Total current assets	954,919	774,688
Property and equipment, net	342,592	346,008
Operating lease right-of-use assets, net	19,491	24,094
Intangible assets, net	148,004	163,991
Goodwill	203,028	203,028
Deferred tax asset, net	187,545	219,003
Investment in unconsolidated affiliates	5,923	0
Other noncurrent assets	10,115	8,516
Total assets	1,871,617	1,739,328
Current liabilities
Accounts payable	71,541	72,001
Accrued expenses and other current liabilities	59,095	75,416
Current portion of liability related to tax receivable agreement	21,314	20,297
Finance lease obligations, current portion	7,476	7,024
Operating lease liabilities, current portion	4,815	4,086
Total current liabilities	164,241	178,824
Deferred tax liability, net	2,786	2,868
Liability related to tax receivable agreement, net of current portion	241,609	258,376
Finance lease obligations, net of current portion	9,672	10,528
Operating lease liabilities, net of current portion	15,786	20,078
Other noncurrent liabilities	4,475	4,475
Total liabilities	438,569	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	546,926	520,794
Retained earnings	680,353	552,133
Accumulated other comprehensive loss	(1,577)	(2,491)
Total stockholders’ equity attributable to Cactus Inc.	1,226,390	1,071,117
Non-controlling interest	206,658	193,062
Total stockholders’ equity	1,433,048	1,264,179
Total liabilities and equity	1,871,617	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