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Forum Energy Technologies FET Total Operating Expenses

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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:OperatingExpenses.

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, except per share information)Three Months Ended March 31, 20262025
Selling, general and administrative expenses50,00849,383
Transaction expenses14851
Loss (gain) on disposal of assets and other(170)123
Total operating expenses49,98649,557
Operating income11,0058,804
Other expense (income)
Interest expense4,1414,983
Foreign exchange gains and other, net(523)(1,068)

Item 1. Financial Statements (Unaudited)

FAQ

What is Forum Energy Technologies's total operating expenses?
Forum Energy Technologies (FET) reported total operating expenses of $49.99M in Q1 2026.
How has Forum Energy Technologies's total operating expenses changed year-over-year?
Forum Energy Technologies's total operating expenses increased by 0.9% year-over-year, from $49.56M to $49.99M.
What is the long-term trend for Forum Energy Technologies's total operating expenses?
Over 4 years (2021 to 2025), Forum Energy Technologies's total operating expenses has grown at a 3.0% compound annual growth rate (CAGR), from $167.83M to $188.89M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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