CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 63,910	$ 344,527
Accounts receivable, net of allowance of $2,550 and $1,060, respectively	214,590	138,268
Inventories	209,387	161,283
Prepaid expenses and other current assets	11,182	10,564
Total current assets	499,069	654,642
Noncurrent assets
Property and equipment, net	345,956	129,998
Operating lease right-of-use assets, net	20,998	23,183
Intangible assets, net	187,971	0
Goodwill	202,806	7,824
Deferred tax asset, net	209,721	301,644
Other noncurrent assets	9,876	1,605
Total assets	1,476,397	1,118,896
Current liabilities
Accounts payable	63,585	47,776
Accrued expenses and other current liabilities	53,216	30,619
Current portion of liability related to tax receivable agreement	27,544	27,544
Finance lease obligations, current portion	7,299	5,933
Operating lease liabilities, current portion	4,446	4,777
Long-term debt, current portion	24,641	0
Total current liabilities	180,731	116,649
Noncurrent liabilities
Deferred tax liability, net	1,049	1,966
Liability related to tax receivable agreement, net of current portion	262,882	265,025
Finance lease obligations, net of current portion	8,614	6,436
Operating lease liabilities, net of current portion	16,364	18,375
Long-term debt, current portion	30,000	0
Other noncurrent liabilities	23,983	0
Total liabilities	523,623	408,451
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	446,206	310,528
Retained earnings	315,049	261,764
Accumulated other comprehensive loss	(1,096)	(984)
Total stockholders’ equity attributable to Cactus Inc.	760,806	571,917
Non-controlling interest	191,968	138,528
Total stockholders’ equity	952,774	710,445
Total liabilities and equity	1,476,397	1,118,896
Class A Common Stock
Stockholders’ equity
Common stock, $0.01 par value	647	609
Class B Common Stock
Stockholders’ equity
Common stock, $0.01 par value	$ 0	$ 0