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Forum Energy Technologies FET Production Equipment — 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%
Coiled Tubing
$25.47M+6.6%
Valve Solutions
$12.79M+15.5%

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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/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: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 production equipment — total revenue?
Forum Energy Technologies (FET) reported production equipment — total revenue of $18.75M in Q1 2026.
How has Forum Energy Technologies's production equipment — total revenue changed year-over-year?
Forum Energy Technologies's production equipment — total revenue decreased by 1.6% year-over-year, from $19.06M to $18.75M.
What is the long-term trend for Forum Energy Technologies's production equipment — total revenue?
Over 4 years (2021 to 2025), Forum Energy Technologies's production equipment — total revenue has grown at a 4.9% compound annual growth rate (CAGR), from $60.98M to $73.94M.
What does production equipment — total revenue mean?
This metric represents the total gross revenue generated from the sale of engineered capital equipment and related products specifically within the production equipment business segment. It serves as a primary indicator of the segment's market demand and its contribution to the company's overall top-line performance. Tracking this figure allows stakeholders to assess the growth trajectory and commercial success of the firm's specialized production-related product offerings.

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