What is Forum Energy Technologies's finished goods?

Forum Energy Technologies (FET) reported finished goods of $143.49M in Q1 2026.

How has Forum Energy Technologies's finished goods changed year-over-year?

Forum Energy Technologies's finished goods decreased by 16.5% year-over-year, from $171.84M to $143.49M.

What is the long-term trend for Forum Energy Technologies's finished goods?

Over 5 years (2020 to 2025), Forum Energy Technologies's finished goods has grown at a -9.3% compound annual growth rate (CAGR), from $229.21M to $140.82M.

What does finished goods mean?

Completed products ready for sale, valued at the lower of cost or net realizable value.

Forum Energy Technologies FET Finished goods

Finished goods at other companies

Weatherford InternationalWFRD

$725M-6.0%

Patterson-UTI EnergyPTEN

$24.1M-30.1%

TETRA TechnologiesTTI

$101.05M—

Minerals TechnologiesMTX

$121.8M+31.5%

TechnipFMCFTI

——

HalliburtonHAL

——

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:InventoryFinishedGoods.

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 finished goods?: Forum Energy Technologies (FET) reported finished goods of $143.49M in Q1 2026.
How has Forum Energy Technologies's finished goods changed year-over-year?: Forum Energy Technologies's finished goods decreased by 16.5% year-over-year, from $171.84M to $143.49M.
What is the long-term trend for Forum Energy Technologies's finished goods?: Over 5 years (2020 to 2025), Forum Energy Technologies's finished goods has grown at a -9.3% compound annual growth rate (CAGR), from $229.21M to $140.82M.
What does finished goods mean?: Completed products ready for sale, valued at the lower of cost or net realizable value.