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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+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

Reported directly by Forum Energy Technologies in its filing.

Tagged under the XBRL concept us-gaap:LongTermDebtNoncurrent.

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 share information)March 31, 2026December 31, 2025
Deferred revenue17,22017,438
Billings in excess of costs and profits recognized11,48616,884
Total current liabilities208,612206,534
Long-term debt, net of current portion152,337134,521
Deferred income taxes, net19,23420,425
Operating lease liabilities86,47683,957
Other long-term liabilities15,72315,875
Total liabilities482,382461,312

Item 1. Financial Statements (Unaudited)

FAQ

What is Forum Energy Technologies's long-term debt?
Forum Energy Technologies (FET) reported long-term debt of $152.34M in Q1 2026.
How has Forum Energy Technologies's long-term debt changed year-over-year?
Forum Energy Technologies's long-term debt decreased by 10.2% year-over-year, from $169.55M to $152.34M.
What is the long-term trend for Forum Energy Technologies's long-term debt?
Over 5 years (2020 to 2025), Forum Energy Technologies's long-term debt has grown at a -14.4% compound annual growth rate (CAGR), from $293.37M to $134.52M.
What does long-term debt mean?
Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

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