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Forum Energy Technologies FET Artificial Lift and Downhole — Total Revenue

Other segment segments

Drilling and Completions
$126.92M+14.3%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 artificial lift and downhole — total revenue?
Forum Energy Technologies (FET) reported artificial lift and downhole — total revenue of $82.1M in Q1 2026.
How has Forum Energy Technologies's artificial lift and downhole — total revenue changed year-over-year?
Forum Energy Technologies's artificial lift and downhole — total revenue increased by 5.5% year-over-year, from $77.8M to $82.1M.
What is the long-term trend for Forum Energy Technologies's artificial lift and downhole — total revenue?
Over 2 years (2023 to 2025), Forum Energy Technologies's artificial lift and downhole — total revenue has grown at a 15.4% compound annual growth rate (CAGR), from $236.31M to $314.79M.
What does artificial lift and downhole — total revenue mean?
This metric represents the total gross income generated by the Artificial Lift and Downhole business segment from the sale of products and services. It reflects the market demand for equipment used in well construction, production, and artificial lift applications within the energy sector. Tracking this figure helps investors assess the segment's market share and overall growth trajectory.