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Forum Energy Technologies FET Coiled Tubing — Total Revenue

Other product segments

Downhole
$50.56M+6.1%
Subsea
$35.5M+60.3%
Stimulation and Intervention
$33.05M-11.7%
Drilling
$32.73M+1.9%
Production Equipment
$18.75M-1.6%
Valve Solutions
$12.79M+15.5%

Similar metrics at other companies

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$18.78M-37.1%
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TTICompletion Fluids & Products Segment — Total Revenue
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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 coiled tubing — total revenue?
Forum Energy Technologies (FET) reported coiled tubing — total revenue of $25.47M in Q1 2026.
How has Forum Energy Technologies's coiled tubing — total revenue changed year-over-year?
Forum Energy Technologies's coiled tubing — total revenue increased by 6.6% year-over-year, from $23.89M to $25.47M.
What is the long-term trend for Forum Energy Technologies's coiled tubing — total revenue?
Over 4 years (2021 to 2025), Forum Energy Technologies's coiled tubing — total revenue has grown at a 6.0% compound annual growth rate (CAGR), from $88.29M to $111.25M.
What does coiled tubing — total revenue mean?
The total gross inflow of economic benefits arising from the sale of goods and services within the Coiled Tubing business segment. It serves as a primary indicator of market demand and the segment's ability to generate top-line growth within the energy services sector.