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Forum Energy Technologies FET Artificial Lift and Downhole — D&A

Other segment segments

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$11.67M-58.6%

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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+226%
Enterprise value$1.04B+130%
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:DepreciationDepletionAndAmortization.

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
Line itemYear ended December 31, 2025Year ended December 31, 2024
Depreciation and amortization
Drilling and Completions$11,668$28,181
Artificial Lift and Downhole22,02525,349
Corporate62187
Total depreciation and amortization$33,755$53,717

Item 8. Financial Statements and Supplementary Data

FAQ

What is Forum Energy Technologies's artificial lift and downhole — D&A?
Forum Energy Technologies (FET) reported artificial lift and downhole — D&A of $5.51M in Q4 2025.
How has Forum Energy Technologies's artificial lift and downhole — D&A changed year-over-year?
Forum Energy Technologies's artificial lift and downhole — D&A decreased by 13.1% year-over-year, from $6.34M to $5.51M.
What is the long-term trend for Forum Energy Technologies's artificial lift and downhole — D&A?
Over 2 years (2023 to 2025), Forum Energy Technologies's artificial lift and downhole — D&A has grown at a 103.5% compound annual growth rate (CAGR), from $5.32M to $22.03M.
What does artificial lift and downhole — D&A mean?
This metric represents the non-cash allocation of the cost of tangible and intangible assets over their useful lives within the Artificial Lift and Downhole segment. It reflects the wear and tear of manufacturing equipment and the amortization of acquired technology or intellectual property. Analyzing this helps investors understand the capital intensity and asset base renewal requirements of the segment.

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