Skip to content
Screener

Forum Energy Technologies FET Downhole — Total Revenue

Other product segments

Subsea
$35.5M+60.3%
Stimulation and Intervention
$33.05M-11.7%
Drilling
$32.73M+1.9%
Coiled Tubing
$25.47M+6.6%
Production Equipment
$18.75M-1.6%
Valve Solutions
$12.79M+15.5%

Similar metrics at other companies

ImmunityBio, Inc. logo
IBRXOther revenues — Total Revenue
$39K+388%
PTH
PTHSNet product revenues — Total Revenue
$10.67M—
Life Time Group Holdings logo
LTHTotal center revenue — Total Revenue
$837.4M+13.8%
iRadimed logo
IRMDTotal devices revenue — Total Revenue
$15.39M+18.7%
Illumina logo
ILMNTotal product revenue — Total Revenue
$982M+7.7%
Globalstar logo
GSATTotal service revenue — Total Revenue
$60M-5.1%

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow$1.6M-82.6%
CapEx$256.0K-87.9%
Free cash flow$1.4M-81.0%

Valuation

See full
Market cap$834.81M+208%
Enterprise value$1.04B+120%
P/S1×+0.7×

Profitability

See full
Gross margin27.5%-3.5pp
Operating margin4%+2.3pp
Net margin-14.6%-50.9pp
FCF margin7.3%-3.8pp

Returns & leverage

See full
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 source filing: Forum Energy Technologies’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 3:28 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001401257-26-000034
Line itemThree Months Ended / March 31, 20262025
Subsea35,49522,140
Stimulation and Intervention33,04737,428
Coiled Tubing25,46723,888
Downhole50,55947,668
Production Equipment18,75019,059
Valve Solutions12,78911,069
Eliminations(137)(86)
Total revenue$208,700$193,279

Item 1. Financial Statements (Unaudited)

FAQ

What is Forum Energy Technologies's downhole — total revenue?
Forum Energy Technologies (FET) reported downhole — total revenue of $50.56M in Q1 2026.
How has Forum Energy Technologies's downhole — total revenue changed year-over-year?
Forum Energy Technologies's downhole — total revenue increased by 6.1% year-over-year, from $47.67M to $50.56M.
What does downhole — total revenue mean?
This metric represents the total gross revenue generated from the sale of products and services specifically associated with the downhole segment. It encompasses revenue from engineered capital equipment and consumable components utilized during the drilling, well construction, and production phases of oil and gas operations. This figure serves as a key indicator of the company's market penetration and demand for its specialized subsurface technology offerings.

Ask your AI about Forum Energy Technologies's downhole — total revenue.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude