What is Forum Energy Technologies's FX effect on cash?

Forum Energy Technologies (FET) reported FX effect on cash of -$399K in Q1 2026.

How has Forum Energy Technologies's FX effect on cash changed year-over-year?

Forum Energy Technologies's FX effect on cash decreased by 250.6% year-over-year, from $265K to -$399K.

What does FX effect on cash mean?

The impact of exchange rate changes on the value of cash and equivalents held in foreign currencies.

Forum Energy Technologies FET FX Effect on Cash

FX Effect on Cash at other companies

Schlumberger SLB

-$3M-107%

NOVA, Inc.NOV

-$5M-163%

Nabors IndustriesNBR

-$1.05M-151%

Weatherford InternationalWFRD

-$4M-116%

TechnipFMCFTI

$900K-92.2%

Baker HughesBKR

-$12M-175%

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$559.9M+131%

Enterprise value$762.61M+68.1%

P/S0.7×+0.4×

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

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:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents.

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

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Questions, answered.

What is Forum Energy Technologies's FX effect on cash?: Forum Energy Technologies (FET) reported FX effect on cash of -$399K in Q1 2026.
How has Forum Energy Technologies's FX effect on cash changed year-over-year?: Forum Energy Technologies's FX effect on cash decreased by 250.6% year-over-year, from $265K to -$399K.
What does FX effect on cash mean?: The impact of exchange rate changes on the value of cash and equivalents held in foreign currencies.