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+5.5% | $75.46M-16.1% | $78.98M-6.2% | $82.55M-6.4% | $77.8M-6.7% | |
| Drilling and Completions | $126.74M+9.7% | $126.92M+14.3% | $117.47M-5.0% | $117.24M+0.2% | $115.57M-2.9% | |
| Operating Income (Loss) by Business | ||||||
| Artificial Lift and Downhole | $11.58M+58.8% | $11.71M-9.0% | $11.78M+9.2% | $10.39M-22.8% | $7.3M-38.1% | |
| Drilling and Completions | $8.91M-5.0% | $9.74M+197% | -$13.55M-293% | $7.27M+153% | $9.38M+106% | |
| Selling, general and administrative expenses by Business | ||||||
| Artificial Lift and Downhole | $19.22M-3.2% | $17.55M-17.3% | $18.97M-12.8% | $19.94M-2.0% | $19.85M-5.2% | |
| Drilling and Completions | $21.28M-2.5% | $22.09M-12.0% | $23.04M-11.9% | $21.76M-17.6% | $21.84M-17.5% | |
| Cost of Sales by Business | ||||||
| Artificial Lift and Downhole | $51.3M+1.3% | $46.21M-17.3% | $48.23M-6.7% | $52.22M-3.9% | $50.65M+0.1% | |
| Drilling and Completions | $96.55M+14.5% | $95.09M+15.0% | $107.98M+19.5% | $88.21M+0.5% | $84.35M-4.2% | |
| Total Assets by Business | ||||||
| Artificial Lift And Downhole | $353.22M+0.1% | $353.51M-4.8% | $357.91M-6.7% | $365.94M-5.8% | $352.79M-14.7% | |
| Drilling And Completions | $393.25M-4.3% | $385.4M-7.9% | $402.45M-29.8% | $423.95M-26.4% | $410.79M-30.8% | |
| Total Revenue by Product | ||||||
| Coiled Tubing | $25.47M+6.6% | $30.84M+19.1% | $27.38M-5.3% | $29.15M+6.0% | $23.89M+7.6% | |
| Downhole | $50.56M+6.1% | —— | $48.07M-4.9% | $51.28M-3.4% | $47.67M-8.8% | |
| Drilling | $32.73M+1.9% | —— | $32.23M-9.8% | $32.85M-7.5% | $32.11M-12.0% | |
| Production Equipment | $18.75M-1.6% | $15.57M-28.4% | $18.65M+3.8% | $20.66M+14.4% | $19.06M+3.1% | |
| Stimulation and Intervention | $33.05M-11.7% | $30.85M-0.7% | $34.27M-9.9% | $32.86M-11.7% | $37.43M-2.9% | |
| Subsea | $35.5M+60.3% | —— | $23.58M+12.8% | $22.39M+33.3% | $22.14M+1.4% | |
| Valve Solutions | $12.79M+15.5% | $12.09M-27.4% | $12.26M-21.9% | $10.6M-37.8% | $11.07M-12.3% | |
| Total Revenue by Geography | ||||||
| Asia-Pacific | $12.96M+24.1% | $17.17M+30.3% | $10.07M-3.8% | $10.07M-0.8% | $10.44M+2.7% | |
| Europe & Africa | $29.01M+46.6% | $25.45M+39.6% | $20.93M+32.2% | $18.61M-11.6% | $19.79M-8.4% | |
| Latin America | $11.63M+44.2% | $8.56M+5.1% | $7.86M-38.3% | $10.87M+11.6% | $8.06M+27.8% | |
| Middle East | $19.05M-3.1% | $18.61M-22.7% | $26.28M+6.5% | $21.93M-13.6% | $19.65M+13.2% |
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.
