Cactus Inc-A 2026年季度报告

(MARK ONE) QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedJune30, 2026 or (Exact name of registrant as specified in its charter)______________________________________________________________________________ (I.R.S. EmployerIdentification No.) (713)626-8800(Registrant’s telephone number, including area code)______________________________________________________________________________ Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Act of 1934during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filingrequirements for the past 90days.Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submit such files).Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule12b-2 of the Exchange Act. Accelerated filer☐Smaller reporting company☐Emerging growth company☐ Large accelerated filer☑Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any newor revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.☐ As of July29, 2026, the registrant had 69,733,168 shares of ClassA common stock, $0.01 par value per share, and 10,446,249 shares of ClassB commonstock, $0.01 par value per share, outstanding. Table of Contents TABLE OF CONTENTS Cautionary Note Regarding Forward-Looking Statements Item 1.Financial Statements1Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations25Item 3.Quantitative and Qualitative Disclosures About Market Risk32Item 4.Controls and Procedures32 PART II - OTHER INFORMATION Item 1.Legal Proceedings33Item 1A.Risk Factors33Item 2.Unregistered Sales of Equity Securities and Use of Proceeds34Item 5.Other Information34Item 6.Exhibits35Signatures36 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form10-Q (the “Quarterly Report”) contains “forward-looking statements” within the meaning ofSection21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). When used in this Quarterly Report, the words“could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project” and similar expressions are intended to identify forward-lookingstatements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based onour current expectations and assumptions about future events and are based on currently available information as to the outcome andtiming of future events. We caution you that these forward-looking statements are subject to risks and uncertainties, most of which aredifficult to predict and many of which are beyond our control. When considering forward‑looking statements, you should keep in mind therisk factors and other cautionary statements described under “Part I, Item 1A. Risk Factors” in our Annual Report on Form 10-K for theyear ended December31, 2025 (our “2025 Annual Report”), and under “Part II, Item 1A. Risk Factors” in our Quarterly Report on Form10-Q for the quarter ended March 31, 2026 and this Quarterly Report and other cautionary statements contained herein and in ourExchange Act filings. Forward‑looking statements are based on management’s current belief, based on currently available information, asto the outcome and timing of future events. Should one or more of the risks or uncertainties described in our 2025 Annual Report or otherExchange Act filings occur, or should underlying assumptions prove incorrect, our actual results could differ materially from thoseexpressed in any forward-looking statements. All forward-looking statements, expressed or implied, included in this Quarterly Report are expressly qualified in their entirety bythis cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that we or persons acting on our behalf may issue. Except as otherwise required by applicable law, we disclaim anyduty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events orcircumstances after the date of this