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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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
Interest expense4,1414,983
Foreign exchange gains and other, net(523)(1,068)
Total other expense3,6183,915
Income before taxes7,3874,889
Income tax expense2,8953,767
Net income$4,492$1,122
Weighted average shares outstanding
Basic11,21412,303

Item 1. Financial Statements (Unaudited)

FAQ

What is Forum Energy Technologies's pre-tax income?
Forum Energy Technologies (FET) reported pre-tax income of $7.39M in Q1 2026.
How has Forum Energy Technologies's pre-tax income changed year-over-year?
Forum Energy Technologies's pre-tax income increased by 51.1% year-over-year, from $4.89M to $7.39M.
What is the long-term trend for Forum Energy Technologies's pre-tax income?
Over 3 years (2021 to 2025), Forum Energy Technologies's pre-tax income has grown at a -41.3% compound annual growth rate (CAGR), from -$82.01M to $16.59M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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