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Forum Energy Technologies FET Effective Income Tax Rate Reconciliation, Prior Year Income Taxes, Percent

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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:EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes.

The official record: Forum Energy Technologies’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Forum Energy Technologies's effective income tax rate reconciliation, prior year income taxes, percent?
Forum Energy Technologies (FET) reported effective income tax rate reconciliation, prior year income taxes, percent of -1.3% in Q4 2025.
How has Forum Energy Technologies's effective income tax rate reconciliation, prior year income taxes, percent changed year-over-year?
Forum Energy Technologies's effective income tax rate reconciliation, prior year income taxes, percent increased by 51.9% year-over-year, from -2.7% to -1.3%.
What does effective income tax rate reconciliation, prior year income taxes, percent mean?
Measures the percentage point impact of prior-year tax adjustments on the company's overall effective tax rate. It helps investors understand the volatility and accuracy of historical tax provisions.