Forum Energy Technologies, Inc. (FET)

Forum Energy Technologies Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	790.29	816.43	738.86	699.91	541.07	512.48
Revenue Growth (YoY)	-1.29%	10.50%	5.56%	29.36%	5.58%	-46.42%
Cost of Revenue	569.87	561.39	534.71	511.39	417.73	512.7
Gross Profit	220.42	255.03	204.15	188.53	123.34	-0.22
Selling, General & Admin	205.66	219.33	180.39	179.47	168.89	193.18
Operating Expenses	205.66	219.33	180.39	179.47	168.89	193.18
Operating Income	14.76	35.71	23.76	9.06	-45.55	-193.4
Interest Expense	-20.48	-31.49	-18.3	-31.53	-32.01	-32.53
Currency Exchange Gain (Loss)	11.55	-7.32	-10.23	24.55	-0.22	-6.47
EBT Excluding Unusual Items	13.07	-3.1	-4.77	2.08	-77.77	-232.4
Merger & Restructuring Charges	-7.73	-7.73	-2.89	-	-	-
Gain (Loss) on Sale of Assets	15.42	4.38	-0.16	8.27	1.05	85.84
Asset Writedown	-119.12	-119.12	-	-	-	-35.69
Other Unusual Items	-0.55	-2.85	-	-	-5.29	72.48
Pretax Income	-98.91	-128.43	-7.81	10.35	-82.01	-109.77
Income Tax Expense	16.32	6.9	11.06	6.64	0.64	-12.88
Earnings From Continuing Operations	-115.23	-135.33	-18.88	3.71	-82.65	-96.89
Net Income	-115.23	-135.33	-18.88	3.71	-82.65	-96.89
Net Income to Common	-115.23	-135.33	-18.88	3.71	-82.65	-96.89
Shares Outstanding (Basic)	12	12	10	6	6	6
Shares Outstanding (Diluted)	12	12	10	6	6	6
Shares Change (YoY)	3.36%	20.44%	71.60%	5.46%	1.18%	1.31%
EPS (Basic)	-9.47	-11.00	-1.85	0.65	-14.65	-17.37
EPS (Diluted)	-9.47	-11.00	-1.85	0.62	-14.65	-17.37
Free Cash Flow	79.62	84.05	0.24	-24.55	-18.17	1.64
Free Cash Flow Per Share	6.54	6.83	0.02	-4.13	-3.22	0.29
Gross Margin	27.89%	31.24%	27.63%	26.94%	22.80%	-0.04%
Operating Margin	1.87%	4.37%	3.22%	1.29%	-8.42%	-37.74%
Profit Margin	-14.58%	-16.57%	-2.56%	0.53%	-15.28%	-18.91%
Free Cash Flow Margin	10.08%	10.29%	0.03%	-3.51%	-3.36%	0.32%
EBITDA	52.84	89.43	58.49	46.03	-3.37	-142.4
EBITDA Margin	6.69%	10.95%	7.92%	6.58%	-0.62%	-27.79%
D&A For EBITDA	38.08	53.72	34.73	36.98	42.18	51
EBIT	14.76	35.71	23.76	9.06	-45.55	-193.4
EBIT Margin	1.87%	4.37%	3.22%	1.29%	-8.42%	-37.74%
Effective Tax Rate	-	-	-	64.13%	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q