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Forum Energy Technologies FET Income Tax

Income Tax at other companies

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Other financials

Income statement

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

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

Operating cash flow$1.6M-82.6%

CapEx$256.0K-87.9%

Free cash flow$1.4M-81.0%

Valuation

Market cap$559.9M+131%

Enterprise value$762.61M+68.1%

P/S0.7×+0.4×

Profitability

Gross margin27.5%-3.5pp

Operating margin4%+2.3pp

Net margin-14.6%-50.9pp

FCF margin7.3%-3.8pp

Returns & leverage

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:IncomeTaxExpenseBenefit.

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 income tax?: Forum Energy Technologies (FET) reported income tax of $2.9M in Q1 2026.
How has Forum Energy Technologies's income tax changed year-over-year?: Forum Energy Technologies's income tax decreased by 23.1% year-over-year, from $3.77M to $2.9M.
What is the long-term trend for Forum Energy Technologies's income tax?: Over 2 years (2022 to 2025), Forum Energy Technologies's income tax has grown at a 98.9% compound annual growth rate (CAGR), from $6.64M to $26.25M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.