When did Forum Energy Technologies report Q4 2024 earnings?

Forum Energy Technologies (FET) reported Q4 2024 earnings on February 20, 2025 after market close.

What were Forum Energy Technologies's Q4 2024 revenue and EPS?

Forum Energy Technologies reported revenue of $201.0M and eps of $-0.48 for Q4 2024.

Did Forum Energy Technologies beat estimates in Q4 2024?

Revenue missed the consensus estimate of $207.7M by $6.7M. EPS missed the consensus estimate of $0.06 by $0.54.

Where can I find Forum Energy Technologies's Q4 2024 SEC filings?

You can read the 10-K periodic report (0001401257-25-000012) directly on SEC EDGAR. The filing index links above go to sec.gov.

Forum Energy Technologies FET Q4 2024 Annual earnings

Reported February 20, 2025 · After market close

Revenue$201.0MMiss by $6.7M

EPS-$0.48Miss by $0.54

Revenue estimate$207.7M

EPS estimate$0.06

Next report

Jul 30, 2026 (Today)

Revenue estimate$212.4M

EPS estimate$0.57

Financials

Q4 2024

Income statement

See full

Revenue$201.0M+8.5%

Gross profit$62.5M+25.6%

Operating income-$106.8M-6,077%

Net income-$103.5M-517%

EPS (diluted)-$8.41-413%

Balance sheet

See full

Cash & equivalents$44.7M-3.3%

Total debt$276.0M+35.1%

Total equity$319.9M-22.5%

Total assets$816.0M-0.6%

Cash flow

See full

Operating cash flow$38.5M+242%

CapEx$2.4M-1.5%

Free cash flow$36.1M+310%

Valuation & ratios

Valuation

as of 12/31/24

See full

Market cap$190.27M-15.8%

Enterprise value$421.58M+9.8%

P/S0.2×-0.1×

Profitability

See full

Gross margin31.2%+3.6pp

Operating margin-10.6%-13.4pp

Net margin-16.6%-20.3pp

FCF margin10.3%+10.3pp

Returns & leverage

See full

Return on equity-36.9%-44.3pp

Debt / equity0.9×+0.4×

Current ratio2.5×-0.1×

Segments

By product

See full

Drilling$35.8M-9.4%

Stimulation and Intervention$31.1M-3.1%

Coiled Tubing$25.9M+2.2%

Production Equipment$21.7M-4.3%

Subsea$19.5M-29.2%

By geography

See full

Middle East$24.1M-4.7%

Europe & Africa$18.2M—

Asia-Pacific$13.2M+19.8%

Latin America$8.1M+5.4%

By segment

See full

Drilling and Completions$111.1M-12.3%

Artificial Lift and Downhole$89.9M+53.4%

Versus estimates

Revenue

Q1 2026$208.7MBeat by $7.4M Q4 2025$202.2MBeat by $11.7M Q3 2025$196.2MBeat by $5.7M Q2 2025$199.8MBeat by $9.4M Q1 2025$193.3MMiss by $3.2M

Q4 2024$201.0MMiss by $6.7M

Diluted EPS

Q1 2026$0.47Beat by $0.03 Q4 2025$0.41Beat by $0.05 Q3 2025$0.27Beat by $0.08 Q2 2025-$0.10Miss by $0.25 Q1 2025$0.04Miss by $0.39

Q4 2024-$0.48Miss by $0.54

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Questions, answered.

When did Forum Energy Technologies report Q4 2024 earnings?: Forum Energy Technologies (FET) reported Q4 2024 earnings on February 20, 2025 after market close.
What were Forum Energy Technologies's Q4 2024 revenue and EPS?: Forum Energy Technologies reported revenue of $201.0M and eps of $-0.48 for Q4 2024.
Did Forum Energy Technologies beat estimates in Q4 2024?: Revenue missed the consensus estimate of $207.7M by $6.7M. EPS missed the consensus estimate of $0.06 by $0.54.
Where can I find Forum Energy Technologies's Q4 2024 SEC filings?: You can read the 10-K periodic report (0001401257-25-000012) directly on SEC EDGAR. The filing index links above go to sec.gov.