Forum Energy Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	791.47	816.43	738.86	699.91	541.07
Revenue Growth (YoY)	-3.06%	10.50%	5.56%	29.36%	5.58%
Cost of Revenue	572.44	561.39	534.71	511.39	417.73
Gross Profit	219.04	255.03	204.15	188.53	123.34
Selling, General & Admin	199.91	219.33	180.39	179.47	168.89
Operating Expenses	199.91	219.33	180.39	179.47	168.89
Operating Income	19.13	35.71	23.76	9.06	-45.55
Interest Expense	-18.31	-31.49	-18.3	-31.53	-32.01
Currency Exchange Gain (Loss)	4.75	-7.32	-10.23	24.55	-0.22
Other Non Operating Income (Expenses)	-0.55	-	-	-	-
EBT Excluding Unusual Items	5.03	-3.1	-4.77	2.08	-77.77
Merger & Restructuring Charges	-	-7.73	-2.89	-	-
Gain (Loss) on Sale of Assets	11.56	4.38	-0.16	8.27	1.05
Asset Writedown	-	-119.12	-	-	-
Other Unusual Items	-	-2.85	-	-	-5.29
Pretax Income	16.59	-128.43	-7.81	10.35	-82.01
Income Tax Expense	26.25	6.9	11.06	6.64	0.64
Earnings From Continuing Operations	-9.66	-135.33	-18.88	3.71	-82.65
Net Income	-9.66	-135.33	-18.88	3.71	-82.65
Net Income to Common	-9.66	-135.33	-18.88	3.71	-82.65
Shares Outstanding (Basic)	12	12	10	6	6
Shares Outstanding (Diluted)	12	12	10	6	6
Shares Change (YoY)	-3.38%	20.44%	71.60%	5.46%	1.18%
EPS (Basic)	-0.81	-11.00	-1.85	0.65	-14.65
EPS (Diluted)	-0.81	-11.00	-1.85	0.62	-14.65
Free Cash Flow	64.39	84.05	0.24	-24.55	-18.17
Free Cash Flow Per Share	5.42	6.83	0.02	-4.13	-3.22
Gross Margin	27.67%	31.24%	27.63%	26.94%	22.80%
Operating Margin	2.42%	4.37%	3.22%	1.29%	-8.42%
Profit Margin	-1.22%	-16.57%	-2.56%	0.53%	-15.28%
Free Cash Flow Margin	8.13%	10.29%	0.03%	-3.51%	-3.36%
EBITDA	52.89	89.43	58.49	46.03	-3.37
EBITDA Margin	6.68%	10.95%	7.92%	6.58%	-0.62%
D&A For EBITDA	33.76	53.72	34.73	36.98	42.18
EBIT	19.13	35.71	23.76	9.06	-45.55
EBIT Margin	2.42%	4.37%	3.22%	1.29%	-8.42%
Effective Tax Rate	158.24%	-	-	64.13%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.