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Forum Energy Technologies FET Europe & Africa — Total Revenue

Other geography segments

Middle East
$19.05M-3.1%
Asia-Pacific
$12.96M+24.1%
Latin America
$11.63M+44.2%

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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+208%
Enterprise value$1.04B+120%
P/S1×+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: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
United States$93,138$103,903
Canada42,91831,437
Europe & Africa29,00819,788
Middle East19,04519,645
Asia-Pacific12,96410,443
Latin America11,6278,063
Total revenue$208,700$193,279

Item 1. Financial Statements (Unaudited)

FAQ

What is Forum Energy Technologies's europe & africa — total revenue?
Forum Energy Technologies (FET) reported europe & africa — total revenue of $29.01M in Q1 2026.
How has Forum Energy Technologies's europe & africa — total revenue changed year-over-year?
Forum Energy Technologies's europe & africa — total revenue increased by 46.6% year-over-year, from $19.79M to $29.01M.
What is the long-term trend for Forum Energy Technologies's europe & africa — total revenue?
Over 4 years (2021 to 2025), Forum Energy Technologies's europe & africa — total revenue has grown at a 9.4% compound annual growth rate (CAGR), from $59.21M to $84.77M.
What does europe & africa — total revenue mean?
This metric represents the total gross revenue generated by the company's operations within the Europe and Africa geographic region. It reflects the market demand for the company's engineered capital equipment and aftermarket services in these specific territories. Tracking this figure helps investors assess the company's regional growth trajectory and market penetration outside of its primary domestic markets.

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