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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$834.81M+208%
Enterprise value$1.04B+120%
P/S+0.7×

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 source filing: Forum Energy Technologies’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 5:27 PM EST
Fiscal year
FY2025
Accession
0001401257-26-000015
Capital expendituresYear ended December 31, 2025Year ended December 31, 2024
Drilling and Completions$4,117$5,974
Artificial Lift and Downhole1,7731,413
Corporate125758
Total capital expenditures$6,015$8,145

Item 8. Financial Statements and Supplementary Data

FAQ

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.

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