20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
Forum Energy Technologies Inc (FET) operates in the OIL & GAS EQUIPMENT & SERVICES industry and is headquartered in Houston, United States with about 1,700 employees. Its market capitalization is roughly $942 million. In the fiscal year ended 2025-12-31, FET reported $791M in revenue and ($10M) in net income.
Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole.
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| Income statement | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $833M | $791M | $816M | $739M | $700M | $541M | $512M | $957M | $1.1B | $819M | $588M | $1.1B | $1.7B | $1.5B | $1.4B | $1.1B | $747M | $677M |
| Gross Profit | $233M | $219M | $255M | $204M | $189M | $123M | ($11M) | $245M | $256M | $189M | $100M | $263M | $559M | $475M | $463M | $362M | $214M | $186M |
| Gross Margin % | 28.0% | 27.7% | 31.2% | 27.6% | 26.9% | 22.8% | -2.1% | 25.6% | 24.1% | 23.1% | 17.0% | 24.5% | 32.2% | 31.2% | 32.7% | 32.1% | 28.7% | 27.5% |
| Operating Income (EBIT) | $28M | $19M | ($87M) | $21M | $17M | ($46M) | ($232M) | ($536M) | ($397M) | ($142M) | ($129M) | ($114M) | $268M | $210M | $241M | $161M | $73M | $50M |
| Operating Margin % | 3.4% | 2.4% | -10.6% | 2.8% | 2.5% | -8.4% | -45.2% | -56.0% | -37.3% | -17.3% | -21.9% | -10.6% | 15.4% | 13.8% | 17.0% | 14.2% | 9.8% | 7.4% |
| Net Income | ($3M) | ($10M) | ($135M) | ($19M) | $4M | ($83M) | ($97M) | ($567M) | ($374M) | ($57M) | ($82M) | ($119M) | $174M | $130M | $151M | $93M | $24M | $19M |
| Net Margin % | -0.4% | -1.2% | -16.6% | -2.5% | 0.5% | -15.3% | -18.9% | -59.3% | -35.1% | -7.0% | -14.0% | -11.1% | 10.0% | 8.5% | 10.7% | 8.3% | 3.2% | 2.9% |
| EBITDA | $79M | $69M | ($43M) | $45M | $79M | ($8M) | ($29M) | ($474M) | ($283M) | $37M | ($49M) | ($39M) | $312M | $266M | $291M | $201M | $96M | $90M |
| Earnings Per Share (EPS) | $-0.09 | $-0.81 | $-11.00 | $-1.85 | $0.36 | $-14.66 | $-17.37 | $-103.01 | $-68.78 | $-11.57 | $-17.98 | $-26.56 | $36.58 | $27.40 | $34.83 | $24.98 | $6.41 | $5.17 |
| Shares Outstanding (M) | 12M | 12M | 12M | 10M | 10M | 6M | 6M | 6M | 5M | 5M | 5M | 4M | 5M | 5M | 4M | 4M | 4M | 4M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $226M | $209M | $202M | $196M | $200M | $193M | $201M | $208M |
| Gross Profit | $71M | $61M | $61M | $40M | $59M | $58M | $62M | $66M |
| Gross Margin % | 31.5% | 29.2% | 30.2% | 20.5% | 29.7% | 30.2% | 31.1% | 31.6% |
| Operating Income (EBIT) | $21M | $11M | $2M | ($6M) | $15M | $9M | ($107M) | $9M |
| Operating Margin % | 9.1% | 5.3% | 0.9% | -3.1% | 7.3% | 4.6% | -53.1% | 4.3% |
| Net Income | $12M | $4M | $2M | ($21M) | $8M | $1M | ($104M) | ($15M) |
| Net Margin % | 5.5% | 2.1% | 1.0% | -10.5% | 3.9% | 0.6% | -51.5% | -7.1% |
| EBITDA | $28M | $19M | $30M | $2M | $28M | $19M | ($89M) | $11M |
| Earnings Per Share (EPS) | $1.05 | $0.39 | $0.17 | $-1.70 | $0.61 | $0.09 | $-8.42 | $-1.20 |
| Shares Outstanding (M) | 12M | 12M | 12M | 12M | 13M | 13M | 12M | 12M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $59M | $70M | $92M | $8M | ($17M) | ($16M) | $4M | $104M | $2M | ($40M) | $64M | $155M | $270M | $211M | $145M | $39M | $66M | $108M |
| Capital Expenditures (CapEx) | $8M | $6M | $8M | $8M | $7M | $2M | $2M | $15M | $24M | $25M | $7M | $31M | $54M | $60M | $50M | $41M | $20M | $15M |
| Free Cash Flow (FCF) | $51M | $64M | $84M | $0M | ($25M) | ($18M) | $2M | $89M | ($22M) | ($65M) | $58M | $124M | $216M | $151M | $95M | ($2M) | $46M | $92M |
| FCF Margin % | 6.1% | 8.1% | 10.3% | 0.0% | -3.5% | -3.4% | 0.3% | 9.3% | -2.0% | -7.9% | 9.8% | 11.5% | 12.4% | 9.9% | 6.7% | -0.2% | 6.2% | 13.7% |
| Dividends Paid | — | — | — | — | — | — | — | — | — | $107M | $0M | $90M | $4M | $807M | $203M | $520M | $324M | $8M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $12M | $2M | $22M | $23M | $16M | $9M | $39M | $26M |
| Capital Expenditures (CapEx) | $4M | $1M | $2M | $1M | $0M | $2M | $2M | $1M |
| Free Cash Flow (FCF) | $8M | $1M | $21M | $21M | $15M | $7M | $36M | $24M |
| FCF Margin % | 3.7% | 0.4% | 10.3% | 10.9% | 7.7% | 3.7% | 18.0% | 11.7% |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $771M | $752M | $816M | $821M | $835M | $791M | $890M | $1.2B | $1.8B | $2.2B | $1.8B | $1.9B | $2.2B | $2.2B | $1.9B | $1.6B | $818M | $840M |
| Cash & Cash Equivalents | $34M | $35M | $45M | $46M | $51M | $47M | $129M | $58M | $47M | $115M | $234M | $109M | $77M | $40M | $41M | $21M | $20M | $27M |
| Total Liabilities | $481M | $461M | $496M | $408M | $528M | $462M | $484M | $674M | $800M | $788M | $602M | $661M | $822M | $854M | $731M | $952M | $355M | $438M |
| Total Debt (Short + Long-Term) | $144M | $136M | $199M | $140M | $240M | $233M | $295M | $400M | $519M | $508M | $397M | $396M | $429M | $513M | $421M | $666M | $208M | $35M |
| Total Shareholders' Equity | $290M | $291M | $320M | $413M | $307M | $329M | $406M | $486M | $1.0B | $1.4B | $1.2B | $1.3B | $1.4B | $1.3B | $1.2B | $654M | $463M | $402M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive FET viewer.
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