Cactus delivered a solid performance in Q3 2025, with revenue of $264 million and improved adjusted EBITDA margins driven by cost reduction efforts and increased international sales in the Spoolable Technologies segment.

• Revenue decreased 3.5% sequentially, primarily from a reduction in frac rental revenues in the Pressure Control segment.
• Adjusted EBITDA flat at $87 million, with a margin increase to 32.9% due to tariff mitigation and cost management strategies.
• Cash balance rose to $446 million, reflecting strong cash flow control despite inventory build pressures.
• Quarterly dividend maintained at $0.14 per share, signaling continued shareholder return commitment.
• Focus on mitigating tariff impacts remains a strategic priority as uncertainties persist regarding future rates.