Cactus, Inc.WHDEarnings & Financial Report
Cactus Club Cafe is a Canadian-owned chain of premium casual restaurants that originated in North Vancouver, British Columbia. The chain has since expanded to 34 locations throughout Canada, with other locations throughout British Columbia, Alberta, Saskatchewan, Ontario and the United States
Revenue
$290.4M
Gross Profit
$113.9M
Operating Profit
$79.8M
Net Profit
$49.8M
Gross Margin
39.2%
Operating Margin
27.5%
Net Margin
17.2%
YoY Growth
-5.0%
Financial Flow
Cactus, Inc. Q2 2024 Financial Summary
Cactus, Inc. reported revenue of $290.4M (down 5.0% YoY) for Q2 2024, with a net profit of $49.8M (up 101.3% YoY) (17.2% margin). Cost of goods sold was $176.5M, operating expenses totaled $34.1M.
Key Financial Metrics
| Total Revenue | $290.4M |
|---|---|
| Net Profit | $49.8M |
| Gross Margin | 39.2% |
| Operating Margin | 27.5% |
| Report Period | Q2 2024 |
Revenue Breakdown
Cactus, Inc. Q2 2024 revenue of $290.4M breaks down across 3 segments, led by Products at $220.9M (76.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $220.9M | 76.1% |
| Other | $44.3M | 15.2% |
| Rental Revenue | $25.2M | 8.7% |
Cactus, Inc. Revenue by Segment — Quarterly Trend
Cactus, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Other) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Products | $201.4M | $206.8M | $208.3M | $209.0M |
| Other | $40.8M | $39.8M | $43.5M | $44.2M |
| Rental Revenue | $19.0M | $17.4M | $21.8M | $27.1M |
Cactus, Inc. Annual Revenue by Year
Cactus, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.1B |
| 2024 | $1.1B |
| 2023 | $1.1B |
| 2022 | $688.4M |
Cactus, Inc. Quarterly Revenue & Net Profit History
Cactus, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $261.2M | -4.0% | $39.8M | 15.3% |
| Q3 2025 | $264.0M | -10.0% | $41.6M | 15.8% |
| Q2 2025 | $273.6M | -5.8% | $40.3M | 14.7% |
| Q1 2025 | $280.3M | +2.3% | $44.2M | 15.8% |
| Q4 2024 | $272.1M | -1.0% | $46.7M | 17.2% |
| Q3 2024 | $293.2M | +1.8% | $49.9M | 17.0% |
| Q2 2024 | $290.4M | -5.0% | $49.8M | 17.2% |
| Q1 2024 | $274.1M | +20.0% | $39.0M | 14.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $274.1M | $290.4M | $293.2M | $272.1M | $280.3M | $273.6M | $264.0M | $261.2M |
| YoY Growth | 20.0% | -5.0% | 1.8% | -1.0% | 2.3% | -5.8% | -10.0% | -4.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.58B | $1.63B | $1.68B | $1.74B | $1.77B | $1.82B | $1.86B | $1.87B |
| Liabilities | $475.3M | $471.6M | $469.4M | $475.1M | $463.7M | $476.0M | $471.4M | $438.6M |
| Equity | $893.4M | $954.7M | $1.00B | $1.07B | $1.11B | $1.15B | $1.19B | $1.23B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $86.3M | $78.0M | $85.3M | $66.6M | $41.5M | $82.8M | $61.8M | $72.3M |