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Forum Energy Technologies FET Drilling and Completions — D&A

Other segment segments

Artificial Lift and Downhole
$22.03M-13.1%

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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 drilling and completions — D&A?
Forum Energy Technologies (FET) reported drilling and completions — D&A of $2.92M in Q4 2025.
How has Forum Energy Technologies's drilling and completions — D&A changed year-over-year?
Forum Energy Technologies's drilling and completions — D&A decreased by 58.6% year-over-year, from $7.05M to $2.92M.
What is the long-term trend for Forum Energy Technologies's drilling and completions — D&A?
Over 2 years (2023 to 2025), Forum Energy Technologies's drilling and completions — D&A has grown at a -36.7% compound annual growth rate (CAGR), from $29.16M to $11.67M.
What does drilling and completions — D&A mean?
This metric reflects the systematic allocation of the cost of tangible and intangible assets over their useful lives within the Drilling and Completions segment. It is a non-cash expense that provides insight into the segment's asset intensity and the capital investment cycle required to maintain operations.

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