Forum Energy Technologies FET Costs and estimated profits in excess of billings
Costs and estimated profits in excess of billings at other companies
Other financials
Where this comes from
Reported directly by Forum Energy Technologies in its filing.
Tagged under the XBRL concept fet:ContractWithCustomerAssetCostsInExcessOfBillings.
The official record: Forum Energy Technologies’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Forum Energy Technologies's costs and estimated profits in excess of billings?
- Forum Energy Technologies (FET) reported costs and estimated profits in excess of billings of $12.89M in Q1 2026.
- How has Forum Energy Technologies's costs and estimated profits in excess of billings changed year-over-year?
- Forum Energy Technologies's costs and estimated profits in excess of billings increased by 9.7% year-over-year, from $11.75M to $12.89M.
- What is the long-term trend for Forum Energy Technologies's costs and estimated profits in excess of billings?
- Over 4 years (2021 to 2025), Forum Energy Technologies's costs and estimated profits in excess of billings has grown at a 3.1% compound annual growth rate (CAGR), from $8.29M to $9.37M.
- What does costs and estimated profits in excess of billings mean?
- This represents the value of costs incurred and associated profit margins recognized on long-term contracts that exceed the amounts billed to customers to date. It reflects work performed that has not yet been invoiced under the terms of the contract. A significant balance may indicate a lag in the billing cycle or the accumulation of work-in-progress on large-scale capital equipment projects.