Forum Energy Technologies, Inc. (FET)
NYSE: FET · Real-Time Price · USD
81.35
+0.66 (0.82%)
Sep 15, 2026, 12:17 PM EDT - Market open
Forum Energy Technologies Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | 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 Revenue Growth | 833.35 | 791.47 | 816.43 | 738.86 | 699.91 | 541.07 |
Revenue Growth | 3.93% | -3.06% | 10.50% | 5.56% | 29.36% | 5.58% |
Gross Profit Gross Profit Growth | 233.66 | 219.04 | 255.03 | 204.15 | 188.53 | 123.34 |
Operating Income Operating Income Growth | 34.06 | 19.13 | 35.71 | 23.76 | 9.06 | -45.55 |
Net Income Net Income Growth | -1.58 | -9.66 | -135.33 | -18.88 | 3.71 | -82.65 |
Earnings Per Share EPS Growth | -0.14 | -0.81 | -11.00 | -1.85 | 0.62 | -14.65 |
EPS Growth | - | - | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | 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 |
Drilling and Completions Drilling and Completions Growth | 510.13 | 477.19 | 470.77 | 502.62 | 304.57 | 239.9 |
Artificial Lift and Downhole Artificial Lift and Downhole Growth | 323.96 | 314.79 | 345.68 | 236.31 | - | - |
Eliminations Eliminations Growth | -0.74 | -0.5 | -0.02 | -0.07 | -1.12 | -0.56 |
Total Total Growth | 833.35 | 791.47 | 816.43 | 738.86 | 699.91 | 541.07 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash & Investments Cash & Investments Growth | 33.72 | 34.66 | 44.66 | 46.17 | 51.03 | 46.86 |
Total Debt Total Debt Growth | 227.51 | 231.67 | 272.59 | 201.4 | 313.31 | 278.93 |
Net Cash (Debt) Net Cash Growth | -193.8 | -197.01 | -227.93 | -155.24 | -262.28 | -232.07 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -17.08 | -16.58 | -18.53 | -15.20 | -44.07 | -41.13 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | 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 |
Operating Cash Flow Operating Cash Flow Growth | 59.36 | 70.4 | 92.19 | 8.18 | -17.05 | -15.78 |
Capital Expenditures CapEx Growth | -6.14 | -6.02 | -8.15 | -7.94 | -7.49 | -2.4 |
Free Cash Flow Free Cash Flow Growth | 53.22 | 64.39 | 84.05 | 0.24 | -24.55 | -18.17 |
Free Cash Flow Growth | -35.43% | -23.39% | 35065.69% | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | 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 |
Gross Margin | 28.04% | 27.67% | 31.24% | 27.63% | 26.94% | 22.80% |
Operating Margin | 4.09% | 2.42% | 4.37% | 3.22% | 1.29% | -8.42% |
Pretax Margin | 2.54% | 2.10% | -15.73% | -1.06% | 1.48% | -15.16% |
Profit Margin | -0.19% | -1.22% | -16.57% | -2.56% | 0.53% | -15.28% |
FCF Margin | 6.39% | 8.13% | 10.29% | 0.03% | -3.51% | -3.36% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 15, 2026 | 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 |
PE Ratio | - | - | - | - | 45.55 | - |
Forward PE | 17.49 | 19.15 | 15.89 | 115.68 | 115.68 | 115.68 |
P/FCF Ratio | 17.16 | 6.53 | 2.26 | 945.52 | - | - |
PS Ratio | 1.10 | 0.53 | 0.23 | 0.31 | 0.24 | 0.17 |