Skip to content
OpenCapital
Get started

Forum Energy Technologies FET Increase (decrease) to net contractual service agreements due to billings

Increase (decrease) to net contractual service agreements due to billings at other companies

Forum Energy Technologies logo
Forum Energy TechnologiesFET
$3.64M+1,234%
GE Vernova logo
GE VernovaGEV
-$1.16B+6.9%
UL Solutions logo
UL SolutionsULS
$16M-36.0%
Limbach Holdings, Inc. logo
Limbach Holdings, Inc.LMB
$3.96M+108%
Rocket Lab USA, Inc. logo
Rocket Lab USA, Inc.RKLB
$13.43M+721%
CarGurus, Inc. logo
CarGurus, Inc.CARG
$4.41M-7.0%

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow$1.6M-82.6%
CapEx$256.0K-87.9%
Free cash flow$1.4M-81.0%

Valuation

See full
Market cap$559.9M+131%
Enterprise value$762.61M+68.1%
P/S0.7×+0.4×

Profitability

See full
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:ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress.

The official record: Forum Energy Technologies’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

Ask your AI about Forum Energy Technologies's increase (decrease) to net contractual service agreements due to billings.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Forum Energy Technologies's increase (decrease) to net contractual service agreements due to billings?
Forum Energy Technologies (FET) reported increase (decrease) to net contractual service agreements due to billings of $3.64M in Q1 2026.
How has Forum Energy Technologies's increase (decrease) to net contractual service agreements due to billings changed year-over-year?
Forum Energy Technologies's increase (decrease) to net contractual service agreements due to billings increased by 1233.6% year-over-year, from -$321K to $3.64M.
What does increase (decrease) to net contractual service agreements due to billings mean?
Represents the net change in contract assets resulting from billings issued to customers for performance obligations satisfied over time. This metric reflects the timing difference between revenue recognition and the contractual right to receive payment for work performed.