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Other financials

Income statement

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Revenue$208.7M+8.0%
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

Calculated from Forum Energy Technologies’s reported figures.

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
(in thousands, except per share information)Three Months Ended March 31, 20262025
Revenue$208,700$193,279
Cost of sales147,709134,918
Gross profit60,99158,361
Operating expenses
Selling, general and administrative expenses50,00849,383
Transaction expenses14851
Loss (gain) on disposal of assets and other(170)123
Total operating expenses49,98649,557

Item 1. Financial Statements (Unaudited)

FAQ

What is Forum Energy Technologies's gross profit?
Forum Energy Technologies (FET) reported gross profit of $60.99M in Q1 2026.
How has Forum Energy Technologies's gross profit changed year-over-year?
Forum Energy Technologies's gross profit increased by 4.5% year-over-year, from $58.36M to $60.99M.
What is the long-term trend for Forum Energy Technologies's gross profit?
Over 4 years (2021 to 2025), Forum Energy Technologies's gross profit has grown at a 15.4% compound annual growth rate (CAGR), from $123.34M to $219.04M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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