Skip to content
OpenCapital
Get started

Forum Energy Technologies FET Drilling and Completions — Cost of Sales

Other segment segments

Artificial Lift and Downhole
$46.21M-17.3%

Similar metrics at other companies

Patterson-UTI Energy logo
PTENDrilling Services — Operating costs and expenses
$217.86M-12.0%
Patterson-UTI Energy logo
PTENDrilling Products — Direct operating costs
$46.92M0.0%
Nabors Industries logo
NBRDrilling Solutions — Direct Operating Costs
$56.89M+28.6%
Patterson-UTI Energy logo
PTENDrilling Services — Direct operating costs
$217.86M-12.0%
Patterson-UTI Energy logo
PTENDrilling Products — Operating costs and expenses
$46.92M0.0%
TETRA Technologies logo
TTICompletion Fluids & Products Segment — Cost of product sales and services
$58.89M+8.4%

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$559.9M+131%
Enterprise value$762.61M+68.1%
P/S0.7×+0.4×

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:CostOfGoodsAndServicesSold.

The official record: Forum Energy Technologies’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

Ask your AI about Forum Energy Technologies's drilling and completions — cost of sales.

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

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Forum Energy Technologies's drilling and completions — cost of sales?
Forum Energy Technologies (FET) reported drilling and completions — cost of sales of $96.55M in Q1 2026.
How has Forum Energy Technologies's drilling and completions — cost of sales changed year-over-year?
Forum Energy Technologies's drilling and completions — cost of sales increased by 14.5% year-over-year, from $84.35M to $96.55M.
What is the long-term trend for Forum Energy Technologies's drilling and completions — cost of sales?
Over 2 years (2023 to 2025), Forum Energy Technologies's drilling and completions — cost of sales has grown at a -0.2% compound annual growth rate (CAGR), from $376.88M to $375.63M.
What does drilling and completions — cost of sales mean?
This metric captures the direct costs attributable to the production of goods and the delivery of services within the Drilling and Completions segment. It includes raw materials, direct labor, and manufacturing overheads, serving as a key indicator of production efficiency and supply chain cost management.