$53.64
+2.8%Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction markets, including applications in oil and natural gas, renewable energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling process; well construction casing and cementing equipment, and protection products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tools, and complementary subsea technical services. The Completions segment offers hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron for pressure pumping, hydraulic fracturing and flowback services markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe. The Production segment designs, manufactures, and supplies products, and provides related equipment and services for production and infrastructure markets. This segment offers engineered process systems, production equipment, specialty separation equipment, and various industrial valves for oil and natural gas customers, power generation, renewable energy, and other general industrial applications. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.
Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.
Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Non-operating losses: Core business is profitable but other expenses (interest, taxes, one-time items) are driving net losses. Review capital structure and non-operating items.
FET โข NYSE
| Forum Energy Technologies, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | |||||||||||||||||
791.5M | 816.4M | 738.9M | 699.9M | 541.1M | 512.5M | 956.5M | 1.1B | 818.6M | 587.6M | 1.1B | 1.7B | 1.5B | 1.4B | 1.1B | 747.3M | 677.4M | |
GROSS PROFIT | |||||||||||||||||
(572.4M) | (561.4M) | (534.7M) | (511.4M) | (417.8M) | (523.5M) | (711.6M) | (807.8M) | (629.8M) | (487.9M) | (811M) | (1.2B) | (1B) | (951.9M) | (765.7M) | (533.1M) | (491.5M) | |
219M | 255M | 204.2M | 188.5M | 123.3M | -11M | 244.9M | 256.4M | 188.8M | 99.7M | 262.7M | 559.4M | 475.2M | 463M | 362.5M | 214.3M | 185.9M | |
OPERATING INCOME | |||||||||||||||||
(199.9M) | (341.8M) | (183.4M) | (171.2M) | (168.9M) | (220.6M) | (251.7M) | (287M) | (253.7M) | (718.4M) | (1.1B) | (1.5B) | (1.3B) | (1.2B) | (202.5M) | (141.4M) | (128.6M) | |
(199.9M) | (219.3M) | (180.4M) | (179.5M) | (168.9M) | (197.7M) | (251.7M) | (287M) | (253.7M) | (227M) | (264.9M) | (312.8M) | (269.7M) | (225.3M) | (202.5M) | (141.4M) | (128.6M) | |
19.1M | -86.8M | 20.7M | 17.3M | -45.6M | -231.6M | -900K | -397M | -141.6M | -129M | -113.7M | 268M | 209.6M | 240.9M | 160.6M | 73.3M | 50.2M | |
PRE-TAX INCOME | |||||||||||||||||
(18.3M) | (31.5M) | (18.3M) | (31.5M) | (32M) | (30.3M) | (31.6M) | (32.5M) | (26.8M) | (27.4M) | (29.9M) | (29.9M) | (18.3M) | (16.4M) | (19.5M) | (18.2M) | (19.5M) | |
-18.3M | -31.5M | -18.3M | -31.5M | -32M | -30.3M | -31.6M | -32.5M | -26.8M | -27.4M | -29.9M | -29.8M | -18.4M | -16.4M | -19.5M | -18.2M | -19.5M | |
(0.0) | (122.5M) | (3M) | -8.3M | (0.0) | (22.9M) | (0.0) | -1.5M | (0.0) | -3M | -5.5M | (0.0) | -2.1M | (2.9M) | (0.0) | (0.0) | (0.0) | |
-2.5M | -41.7M | -28.5M | -7M | -36.4M | 121.9M | -32.7M | 7.2M | 86.3M | -9M | -20.6M | -25.5M | -23.5M | -15M | -19.9M | -28.9M | -18.4M | |
16.6M | -128.4M | -7.8M | 10.3M | -82M | -109.8M | -568.9M | -389.8M | -55.2M | -138.1M | -134.3M | 242.4M | 186.1M | 222.8M | 140.7M | 44.3M | 31.8M | |
NET INCOME | |||||||||||||||||
(26.2M) | (6.9M) | (11.1M) | (6.6M) | (642K) | -12.9M | -1.8M | -15.7M | (1.9M) | -56.1M | -14.9M | (68.1M) | (56.5M) | (71.3M) | (47.1M) | (20.3M) | (11M) | |
-9.7M | -135.3M | -18.9M | 3.7M | -82.7M | -96.9M | -567.1M | -374.1M | -57.1M | -82M | -119.4M | 174.3M | 129.6M | 151.4M | 93.3M | 23.9M | 19.3M |
FET - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K/A 8-K/A 2026 (Amended) N/A | May 15, 2026 | February 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 12, 2026 | May 08, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 01, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 01, 2026 | April 30, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 27, 2026 | May 08, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 27, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 20, 2026 | February 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 05, 2026 | February 04, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 12, 2026 | January 12, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | October 31, 2025 | September 30, 2025 | 2025 |
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