Shares of Cactus Inc. (NYSE: WHD) are soaring more than 6% in intraday trading, following the company's impressive third-quarter 2025 financial results that significantly surpassed analyst expectations. The oilfield equipment maker demonstrated robust performance across key financial metrics, defying challenging market conditions.

For the quarter ended September 30, Cactus reported adjusted earnings per share of $0.67, handily beating the consensus estimate of $0.58. Revenue came in at $263.95 million, surpassing the expected $260.5 million. The company's adjusted EBITDA of $86.94 million also exceeded analyst forecasts of $77.5 million, with an impressive adjusted EBITDA margin of 32.9%. Notably, while Pressure Control revenues declined as anticipated, the Spoolable Technologies segment saw higher-than-expected revenues and margins.

Scott Bender, CEO and Chairman of the Board of Cactus, expressed pride in the company's performance. Looking ahead, the company expects the U.S. land rig count to be flat to slightly down in Q4 2025, with Pressure Control revenues remaining relatively flat and the Spoolable Technologies segment experiencing a typical seasonal decline late in the year. Despite market volatility, Cactus continues to focus on cost control and maintaining strong customer relationships, which may contribute to its resilience in the face of industry challenges. Investors appear to be reacting positively to the company's ability to outperform expectations in a challenging environment.