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Forum Energy Technologies FET Artificial Lift and Downhole — CapEx

Other segment segments

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$4.12M-31.1%

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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:PaymentsToAcquireProductiveAssets.

The official record: Forum Energy Technologies’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Forum Energy Technologies's artificial lift and downhole — capex?
Forum Energy Technologies (FET) reported artificial lift and downhole — capex of $443.25K in Q4 2025.
How has Forum Energy Technologies's artificial lift and downhole — capex changed year-over-year?
Forum Energy Technologies's artificial lift and downhole — capex increased by 25.5% year-over-year, from $353.25K to $443.25K.
What is the long-term trend for Forum Energy Technologies's artificial lift and downhole — capex?
Over 2 years (2023 to 2025), Forum Energy Technologies's artificial lift and downhole — capex has grown at a 53.4% compound annual growth rate (CAGR), from $753K to $1.77M.
What does artificial lift and downhole — capex mean?
This metric tracks the funds used by the Artificial Lift and Downhole segment to acquire, upgrade, and maintain physical assets such as property, plants, and equipment. It indicates the level of investment in future production capacity and technological infrastructure. High levels of capital expenditure suggest a commitment to long-term growth and operational modernization.