Forum Energy Technologies Inc (FET) financials
Forum Energy Technologies revenue and earnings by year
Forum Energy Technologies's revenue was $791 million in the fiscal year to December 31, 2025, down 3.1% from the year before. Net income was -$9.66 million, -1.2% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 3.4% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.79 | 0.82 | 0.74 | 0.70 | 0.54 | 0.51 | 0.96 | 1.06 | 0.82 | 0.59 |
| Revenue growth | -3.1% | 10.5% | 5.6% | 29.4% | 5.6% | -46.4% | -10.1% | 30.0% | 39.3% | — |
| Gross profit | 0.22 | 0.26 | 0.20 | 0.19 | 0.12 | -0.01 | 0.24 | 0.26 | 0.19 | 0.10 |
| Gross margin | 27.7% | 31.2% | 27.6% | 26.9% | 22.8% | -2.2% | 25.6% | 24.1% | 23.1% | 17.0% |
| Operating income | 0.03 | -0.09 | 0.02 | 0.02 | -0.04 | -0.23 | -0.54 | -0.40 | -0.14 | -0.13 |
| Operating margin | 3.8% | -10.6% | 2.8% | 2.5% | -8.2% | -45.2% | -56.0% | -37.3% | -17.4% | -22.3% |
| Net income | -0.01 | -0.14 | -0.02 | 0.00 | -0.08 | -0.10 | -0.57 | -0.37 | -0.06 | -0.08 |
| Net margin | -1.2% | -16.6% | -2.6% | 0.5% | -15.3% | -18.9% | -59.3% | -35.2% | -7.3% | -14.0% |
| Diluted EPS | -$0.81 | -$11.00 | -$1.85 | $0.62 | -$14.65 | -$17.37 | -$102.83 | -$68.80 | -$13.40 | -$18.00 |
| Free cash flow | 0.07 | 0.08 | 0.00 | -0.02 | -0.02 | 0.00 | 0.09 | -0.02 | -0.07 | 0.05 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open FET in Markets.
See also: FET returns
No forecast, no recommendation. This page describes Forum Energy Technologies Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.