CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 133,792	$ 344,527
Accounts receivable, net of allowance of $3,642 and $1,060, respectively	205,381	138,268
Inventories	205,625	161,283
Prepaid expenses and other current assets	11,380	10,564
Total current assets	556,178	654,642
Noncurrent assets
Property and equipment, net	345,502	129,998
Operating lease right-of-use assets, net	23,496	23,183
Intangible assets, net	179,978	0
Goodwill	203,028	7,824
Deferred tax asset, net	204,852	301,644
Other noncurrent assets	9,527	1,605
Total assets	1,522,561	1,118,896
Current liabilities
Accounts payable	71,841	47,776
Accrued expenses and other current liabilities	50,654	30,619
Earn-out liability	20,810	0
Current portion of liability related to tax receivable agreement	20,855	27,544
Finance lease obligations, current portion	7,280	5,933
Operating lease liabilities, current portion	4,220	4,777
Total current liabilities	175,660	116,649
Noncurrent liabilities
Deferred tax liability, net	3,589	1,966
Liability related to tax receivable agreement, net of current portion	250,069	265,025
Finance lease obligations, net of current portion	9,352	6,436
Operating lease liabilities, net of current portion	19,121	18,375
Total liabilities	457,791	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	465,012	310,528
Retained earnings	400,682	261,764
Accumulated other comprehensive income (loss)	(826)	(984)
Total stockholders’ equity attributable to Cactus Inc.	865,522	571,917
Non-controlling interest	199,248	138,528
Total stockholders’ equity	1,064,770	710,445
Total liabilities and equity	1,522,561	1,118,896
Class A Common Stock
Stockholders’ equity
Common stock, $0.01 par value	654	609
Class B Common Stock
Stockholders’ equity
Common stock, $0.01 par value	$ 0	$ 0