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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%
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:NetIncomeLoss.

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
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
Diluted11,64112,568
Earnings per share

Item 1. Financial Statements (Unaudited)

FAQ

What is Forum Energy Technologies's net income?
Forum Energy Technologies (FET) reported net income of $4.49M in Q1 2026.
How has Forum Energy Technologies's net income changed year-over-year?
Forum Energy Technologies's net income increased by 300.4% year-over-year, from $1.12M to $4.49M.
What is the long-term trend for Forum Energy Technologies's net income?
Over 2 years (2021 to 2024), Forum Energy Technologies's net income has grown at a 28.0% compound annual growth rate (CAGR), from -$82.65M to -$135.33M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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