What is Forum Energy Technologies's deferred revenue?

Forum Energy Technologies (FET) reported deferred revenue of $44.2M in Q1 2026.

What does deferred revenue mean?

Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

Forum Energy Technologies FET Deferred Revenue

Deferred Revenue at other companies

NOVA, Inc.NOV

$575M+10.6%

Weatherford InternationalWFRD

$41M-16.3%

TechnipFMCFTI

$2.16B+12.5%

Baker HughesBKR

$6B+7.3%

Oil States InternationalOIS

$92.76M+82.2%

Patterson-UTI EnergyPTEN

$20.29M+44.6%

Other financials

Income statement

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Revenue$208.7M+8.0%

Gross profit$61.0M+4.5%

Operating income$11.0M+25.0%

Net income$4.5M+300%

EPS (diluted)$0.39+333%

Balance sheet

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Cash & equivalents$37.5M+20.4%

Total debt$240.2M-0.8%

Total equity$280.7M-12.3%

Total assets$763.1M-3.4%

Cash flow

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Operating cash flow$1.6M-82.6%

CapEx$256.0K-87.9%

Free cash flow$1.4M-81.0%

Valuation

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Market cap$559.9M+131%

Enterprise value$762.61M+68.1%

P/S0.7×+0.4×

Profitability

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Gross margin27.5%-3.5pp

Operating margin4%+2.3pp

Net margin-14.6%-50.9pp

FCF margin7.3%-3.8pp

Returns & leverage

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Return on equity-31.1%-72.4pp

Debt / equity0.9×+0.1×

Current ratio2.2×-0.2×

Where this comes from

Reported directly by Forum Energy Technologies in its filing.

Tagged under the XBRL concept us-gaap:RevenueRemainingPerformanceObligation.

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 deferred revenue?: Forum Energy Technologies (FET) reported deferred revenue of $44.2M in Q1 2026.
What does deferred revenue mean?: Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.