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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$881.93M+226%
Enterprise value$1.08B+130%
P/S1.1×+0.8×

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:PaymentsForRepurchaseOfCommonStock.

The source filing: Forum Energy Technologies’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 3:28 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001401257-26-000034
(in thousands)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Repayments on Credit Facility(120,163)(148,585)
Payment of capital lease obligations(417)(455)
Deferred financing costs(1,659)(693)
Repurchases of stock(4,569)(1,997)
Payment of withheld taxes on stock-based compensation plans(9,274)(1,321)
Net cash provided by (used in) financing activities1,852(21,013)
Effect of exchange rate changes on cash(399)265
Net increase (decrease) in cash, cash equivalents and restricted cash2,827(13,518)

Item 1. Financial Statements (Unaudited)

FAQ

What is Forum Energy Technologies's share buybacks?
Forum Energy Technologies (FET) reported share buybacks of $4.57M in Q1 2026.
How has Forum Energy Technologies's share buybacks changed year-over-year?
Forum Energy Technologies's share buybacks increased by 128.8% year-over-year, from $2M to $4.57M.
What is the long-term trend for Forum Energy Technologies's share buybacks?
Over 3 years (2021 to 2025), Forum Energy Technologies's share buybacks has grown at a 190.4% compound annual growth rate (CAGR), from $1.41M to $34.61M.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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