Forum Energy Technologies Cash Flow 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
Net Income	-9.66	-135.33	-18.88	3.71	-82.65
Depreciation & Amortization	33.76	53.72	34.73	36.98	42.18
Loss (Gain) From Sale of Assets	-11.18	-4.86	-	-7	-
Asset Writedown & Restructuring Costs	4.29	119.12	-	-	-
Stock-Based Compensation	-	7.14	4.57	4.21	7.59
Provision & Write-off of Bad Debts	-	0.39	1.53	2.25	2.42
Other Operating Activities	19.67	-5.56	7.7	7.92	21.39
Change in Accounts Receivable	-	15.21	8.82	-42.63	-44.88
Change in Inventory	-	41.47	-31.93	-34.61	1.94
Change in Accounts Payable	-	-7.67	-4.89	20.76	36.33
Change in Unearned Revenue	-	0.44	3.85	-9.23	7.99
Change in Other Net Operating Assets	33.53	8.13	2.69	0.59	-8.08
Operating Cash Flow	70.4	92.19	8.18	-17.05	-15.78
Operating Cash Flow Growth	-23.64%	1026.62%	-	-	-
Capital Expenditures	-6.02	-8.15	-7.94	-7.49	-2.4
Sale of Property, Plant & Equipment	1.01	0.7	1.37	3.01	7.01
Cash Acquisitions	-	-150.41	-	-0.49	-3.41
Divestitures	-	-	-	-	-1.28
Other Investing Activities	14.57	20.32	-	32.11	10.78
Investing Cash Flow	9.57	-137.53	-6.57	27.14	10.7
Long-Term Debt Issued	562.32	874.32	451.74	544.13	-
Long-Term Debt Repaid	-617.04	-819.45	-453.01	-545.38	-73.24
Net Debt Issued (Repaid)	-54.72	54.87	-1.28	-1.25	-73.24
Repurchase of Common Stock	-35.93	-1.09	-6	-3.83	-1.41
Other Financing Activities	-0.91	-8.53	-0.31	-	-1.59
Financing Cash Flow	-91.57	45.24	-7.58	-5.08	-76.24
Foreign Exchange Rate Adjustments	1.6	-1.41	1.11	-0.84	-0.44
Net Cash Flow	-10	-1.5	-4.86	4.17	-81.76
Free Cash Flow	64.39	84.05	0.24	-24.55	-18.17
Free Cash Flow Growth	-23.39%	35065.69%	-	-	-
Free Cash Flow Margin	8.13%	10.29%	0.03%	-3.51%	-3.36%
Free Cash Flow Per Share	5.42	6.83	0.02	-4.13	-3.22
Cash Interest Paid	-	26.76	17.09	25.33	27.07
Cash Income Tax Paid	-	23.12	8.8	-0.38	2.44
Levered Free Cash Flow	90.22	82.79	6.39	-5.42	12.8
Unlevered Free Cash Flow	101.66	102.47	17.82	14.28	32.81
Change in Working Capital	33.53	57.57	-21.46	-65.12	-6.71

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