Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Summary of Basic and Diluted Earnings Per Share

The following table summarizes the basic and diluted earnings per share calculations:

	Year Ended December 31,
	2025		2024		2023
Numerator:
Net income attributable to Cactus Inc.—basic	$	166,014	$	185,407	$	169,171
Net income attributable to non-controlling interest(1)	—		36,266		35,075
Net income attributable to Cactus Inc.—diluted(1)	$	166,014	$	221,673	$	204,246
Denominator:
Weighted average Class A shares outstanding—basic	68,565		66,393		64,641
Effect of dilutive shares(2)	450		13,522		14,819
Weighted average Class A shares outstanding—diluted	69,015		79,915		79,460
Earnings per Class A share—basic	$	2.42	$	2.79	$	2.62
Earnings per Class A share—diluted(1)(2)	$	2.41	$	2.77	$	2.57

(1)The numerator is adjusted in the calculation of diluted earnings per share under the if-converted method to include net income attributable to the non-controlling interest calculated as its pre-tax income adjusted for a corporate effective tax rate of 26% for the years ended December 31, 2024 and 2023.

(2)Diluted earnings per share for the year ended December 31, 2025 excludes 11.2 million weighted average shares of Class B common stock as the effect would be anti-dilutive.