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Forum Energy Technologies FET Inventory write-downs

Inventory write-downs at other companies

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$0-100%
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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$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

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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:InventoryWriteDown.

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 inventory write-downs?
Forum Energy Technologies (FET) reported inventory write-downs of $397K in Q1 2026.
How has Forum Energy Technologies's inventory write-downs changed year-over-year?
Forum Energy Technologies's inventory write-downs increased by 1.8% year-over-year, from $390K to $397K.
What is the long-term trend for Forum Energy Technologies's inventory write-downs?
Over 3 years (2021 to 2025), Forum Energy Technologies's inventory write-downs has grown at a 34.4% compound annual growth rate (CAGR), from $8.1M to $19.67M.
What does inventory write-downs mean?
Represents the non-cash charge taken to reduce the carrying value of inventory when its market value falls below its cost. This metric reflects potential obsolescence, damage, or declining demand for products within the energy equipment portfolio.