Forum Energy Technologies FET Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total Revenue by Business | ||||||
| Artificial Lift and Downhole | $82.1M+8.8% | $75.46M-4.5% | $78.98M-4.3% | $82.55M+6.1% | $77.8M-13.5% | |
| Drilling and Completions | $126.74M-0.1% | $126.92M+8.0% | $117.47M+0.2% | $117.24M+1.4% | $115.57M+4.0% | |
| Operating Income (Loss) by Business | ||||||
| Artificial Lift and Downhole | $11.58M-1.1% | $11.71M-0.6% | $11.78M+13.3% | $10.39M+42.4% | $7.3M-43.3% | |
| Drilling and Completions | $8.91M-8.5% | $9.74M+172% | -$13.55M-286% | $7.27M-22.5% | $9.38M+186% | |
| Selling, general and administrative expenses by Business | ||||||
| Artificial Lift and Downhole | $19.22M+9.5% | $17.55M-7.5% | $18.97M-4.9% | $19.94M+0.5% | $19.85M-6.4% | |
| Drilling and Completions | $21.28M-3.7% | $22.09M-4.1% | $23.04M+5.9% | $21.76M-0.4% | $21.84M-13.0% | |
| Cost of Sales by Business | ||||||
| Artificial Lift and Downhole | $51.3M+11.0% | $46.21M-4.2% | $48.23M-7.6% | $52.22M+3.1% | $50.65M-9.3% | |
| Drilling and Completions | $96.55M+1.5% | $95.09M-11.9% | $107.98M+22.4% | $88.21M+4.6% | $84.35M+2.0% | |
| Total Assets by Business | ||||||
| Artificial Lift And Downhole | $353.22M-0.1% | $353.51M-1.2% | $357.91M-2.2% | $365.94M+3.7% | $352.79M-5.0% | |
| Drilling And Completions | $393.25M+2.0% | $385.4M-4.2% | $402.45M-5.1% | $423.95M+3.2% | $410.79M-1.9% | |
| Total Revenue by Product | ||||||
| Coiled Tubing | $25.47M-17.4% | $30.84M+12.6% | $27.38M-6.1% | $29.15M+22.0% | $23.89M-7.7% | |
| Downhole | $50.56M— | —— | $48.07M-6.3% | $51.28M+7.6% | $47.67M— | |
| Drilling | $32.73M— | —— | $32.23M-1.9% | $32.85M+2.3% | $32.11M— | |
| Production Equipment | $18.75M+20.4% | $15.57M-16.5% | $18.65M-9.8% | $20.66M+8.4% | $19.06M-12.3% | |
| Stimulation and Intervention | $33.05M+7.1% | $30.85M-10.0% | $34.27M+4.3% | $32.86M-12.2% | $37.43M+20.5% | |
| Subsea | $35.5M— | —— | $23.58M+5.3% | $22.39M+1.1% | $22.14M— | |
| Valve Solutions | $12.79M+5.8% | $12.09M-1.4% | $12.26M+15.7% | $10.6M-4.2% | $11.07M-33.5% | |
| Total Revenue by Geography | ||||||
| Asia-Pacific | $12.96M-24.5% | $17.17M+70.4% | $10.07M+0.1% | $10.07M-3.6% | $10.44M-20.8% | |
| Europe & Africa | $29.01M+14.0% | $25.45M+21.6% | $20.93M+12.5% | $18.61M-6.0% | $19.79M+8.5% | |
| Latin America | $11.63M+35.8% | $8.56M+8.9% | $7.86M-27.6% | $10.87M+34.8% | $8.06M-1.0% | |
| Middle East | $19.05M+2.3% | $18.61M-29.2% | $26.28M+19.8% | $21.93M+11.6% | $19.65M-18.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Forum Energy Technologies break its business down?
- Forum Energy Technologies (FET) reports total revenue by business across 2 parts — Artificial Lift and Downhole and Drilling and Completions. Each is extracted from the segment footnotes and tracked over time.
- Where does Forum Energy Technologies's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Forum Energy Technologies's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
