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    FORUM ENERGY TECHNOLOGIES, INC.

    Company overview

    Market capitalization
    $938.14M
    Employees
    1,700
    Latest publication
    2026-09-29
    About FORUM ENERGY TECHNOLOGIES, INC.

    Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures, and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation, and intervention markets, including applications in oil and natural gas, renewable energy, defense, and communications industries. This segment also offers drilling capital equipment and consumable products; subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tooling, and technical services; hydraulic fracturing pumps, cooling systems, and high-pressure flexible hoses and flow iron; wireline cable and pressure control equipment; and coiled tubing strings and pressure control equipment, as well as coiled line pipe and related services. The Artificial Lift and Downhole Segment designs, manufactures, and supplies products and solutions for the artificial lift, well construction, production, and infrastructure markets. This segment also offers products designed to safeguard artificial lift equipment and downhole cables; well construction casing and cementing equipment; customized downhole technology solutions, which provides sand and flow control products for heavy oil applications; engineered process systems, production equipment, and separation equipment; and a range of industrial valves. It sells its products through distributors to drilling rig contractors, offshore service companies, governmental organizations, and oil and gas operators and producers. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.

    Company website

    Financial statements

    Income Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
    Total Revenue208,700,000USD202,200,000USD196,231,000USD199,764,000USD193,279,000USD201,000,000USD207,806,000USD205,209,000USD
    Cost Of Revenue147,709,000USD141,118,000USD155,994,000USD140,408,000USD134,918,000USD138,500,000USD142,070,000USD142,136,000USD
    Gross Profit60,991,000USD61,082,000USD40,237,000USD59,356,000USD58,361,000USD62,500,000USD65,736,000USD63,073,000USD
    Selling General Administrative50,008,000USD48,888,000USD50,449,000USD51,185,000USD49,383,000USD54,600,000USD56,326,000USD53,691,000USD
    Total Operating Expenses49,986,000USD48,318,000USD46,343,000USD44,673,000USD49,557,000USD169,300,000USD56,820,000USD55,139,000USD
    Operating Income11,005,000USD12,764,000USD-6,106,000USD14,683,000USD8,804,000USD-106,800,000USD8,916,000USD7,934,000USD
    Total Other Income Expense Net-3,618,000USD—-4,374,000USD-764,000USD-3,915,000USD—-19,120,000USD-12,128,000USD
    Income Before Tax7,387,000USD—-10,480,000USD13,919,000USD4,889,000USD—-10,204,000USD-4,194,000USD
    Income Tax Expense2,895,000USD6,187,000USD10,074,000USD6,219,000USD3,767,000USD3,700,000USD4,611,000USD2,502,000USD
    Net Income4,492,000USD2,072,000USD-20,554,000USD7,700,000USD1,122,000USD-103,500,000USD-14,815,000USD-6,696,000USD
    Net Income Applicable To Common Shares————1,122,000USD—-14,815,000USD—
    Unclassified Operating Expenses———————1,448,000USD
    Interest Expense———————8,659,000USD
    Net Interest Income———————-8,659,000USD
    Tax Provision———————2,502,000USD
    Net Income From Continuing Ops———————-6,696,000USD
    Ebit———————4,465,000USD
    Ebitda———————18,496,000USD
    Depreciation And Amortization———————14,031,000USD
    Reconciled Depreciation———————14,031,000USD
    SourceDisclosureDeterministicFinalDisclosurePreliminaryDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosurePreliminaryDisclosureDeterministicFinalLegacy providerLegacy

    Income Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20162016-12-31 · USDFY 20152015-12-31 · USDFY 20142014-12-31 · USDFY 20132013-12-31 · USD
    Total Revenue791,474,000USD816,425,000USD738,864,000USD699,913,000USD587,600,000USD1,073,700,000USD1,739,700,000USD1,524,800,000USD
    Cost Of Revenue572,438,000USD561,392,000USD534,711,000USD511,387,000USD487,900,000USD810,975,000USD1,180,265,000USD1,049,586,000USD
    Gross Profit219,036,000USD255,033,000USD204,153,000USD188,526,000USD99,700,000USD262,725,000USD559,435,000USD475,214,000USD
    Selling General Administrative199,905,000USD219,325,000USD183,320,000USD179,500,000USD227,008,000USD264,906,000USD312,821,000USD269,669,000USD
    Total Operating Expenses188,891,000USD341,800,000USD183,437,000USD171,200,000USD718,400,000USD1,077,100,000USD1,496,900,000USD1,322,500,000USD
    Operating Income30,145,000USD-86,767,000USD20,716,000USD17,326,000USD-129,000,000USD-113,700,000USD268,000,000USD209,600,000USD
    Total Other Income Expense Net-13,558,000USD-41,659,000USD-28,530,000USD-6,977,000USD-9,047,000USD-20,600,000USD-25,516,000USD-23,472,000USD
    Income Before Tax16,587,000USD-128,426,000USD-7,814,000USD10,349,000USD-138,100,000USD-134,300,000USD242,400,000USD186,100,000USD
    Income Tax Expense26,247,000USD6,900,000USD11,062,000USD6,637,000USD-56,100,000USD-14,900,000USD68,100,000USD56,500,000USD
    Net Income-9,660,000USD-135,326,000USD-18,876,000USD3,712,000USD-82,000,000USD-119,400,000USD174,300,000USD129,600,000USD
    Non Interest Expense—22,000USD——————
    Interest Income——28,530,000USD7,000,000USD6,069,000USD20,600,000USD——
    Interest Expense——18,297,000USD31,525,000USD27,400,000USD29,900,000USD29,900,000USD18,300,000USD
    Net Interest Income——-21,658,000USD-31,500,000USD-30,388,000USD———
    Tax Provision——7,852,000USD6,600,000USD-56,051,000USD-14,939,000USD——
    Net Income From Continuing Ops——-14,926,000USD3,700,000USD-82,110,000USD-119,216,000USD174,423,000USD129,676,000USD
    Ebit——10,483,000USD41,874,000USD-110,589,000USD-104,395,000USD246,603,000USD205,435,000USD
    Ebitda——45,211,000USD78,852,000USD-48,829,000USD-38,695,000USD311,703,000USD266,135,000USD
    Depreciation And Amortization——34,728,000USD36,978,000USD61,760,000USD65,700,000USD65,100,000USD60,700,000USD
    Reconciled Depreciation——34,807,000USD37,100,000USD————
    Net Income Applicable To Common Shares——-18,876,000USD3,700,000USD-81,978,000USD-119,353,000USD174,365,000USD129,539,000USD
    Unclassified Operating Expenses———-8,300,000USD491,392,000USD812,194,000USD1,184,079,000USD1,052,831,000USD
    Research Development————0USD0USD0USD0USD
    Non Operating Income Net Other————18,363,000USD9,345,000USD25,164,000USD-5,102,000USD
    Minority Interest————30,000USD-31,000USD12,000USD65,000USD
    SourceDisclosureDeterministicFinalDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Assets770,710,000USD763,065,000USD752,455,000USD770,092,000USD810,133,000USD790,110,000USD815,954,000USD973,737,000USD
    Cash And Equivalents33,716,000USD37,488,000USD34,661,000USD31,693,000USD38,967,000USD31,143,000USD44,661,000USD33,313,000USD
    Total Current Assets483,522,000USD464,316,000USD448,884,000USD459,280,000USD487,732,000USD478,569,000USD495,637,000USD523,725,000USD
    Other Current Assets26,094,000USD21,907,000USD23,017,000USD15,985,000USD19,058,000USD18,251,000USD19,179,000USD22,701,000USD
    Other Non Current Assets3,019,000USD3,391,000USD3,162,000USD3,062,000USD2,803,000USD1,848,000USD2,025,000USD2,150,000USD
    Total Liabilities480,928,000USD482,382,000USD461,312,000USD472,782,000USD475,913,000USD470,068,000USD496,054,000USD530,207,000USD
    Total Current Liabilities220,561,000USD208,612,000USD206,534,000USD209,625,000USD202,264,000USD194,686,000USD201,856,000USD271,023,000USD
    Other Current Liabilities67,492,000USD63,834,000USD76,244,000USD69,477,000USD70,488,000USD71,097,000USD77,239,000USD70,579,000USD
    Other Non Current Liabilities15,907,000USD15,723,000USD15,875,000USD18,590,000USD13,302,000USD12,574,000USD10,850,000USD10,629,000USD
    Total Stockholder Equity289,782,000USD280,683,000USD291,143,000USD297,310,000USD334,220,000USD320,042,000USD319,900,000USD443,530,000USD
    Total Equity Including Noncontrolling Interest289,782,000USD280,683,000USD291,143,000USD297,310,000USD334,220,000USD320,042,000USD319,900,000USD443,530,000USD
    Short Long Term Debt1,273,000USD2,766,000USD2,814,000USD2,874,000USD3,322,000USD3,660,000USD3,732,000USD138,770,000USD
    Long Term Debt142,435,000USD152,337,000USD134,521,000USD138,548,000USD157,664,000USD169,549,000USD186,525,000USD162,154,000USD
    Net Receivables173,963,000USD155,480,000USD142,396,000USD146,938,000USD155,045,000USD153,512,000USD153,926,000USD163,084,000USD
    Inventory233,473,000USD236,412,000USD239,420,000USD248,255,000USD260,030,000USD263,600,000USD265,487,000USD286,939,000USD
    Property Plant Equipment Net128,760,000USD132,807,000USD132,638,000USD133,551,000USD135,793,000USD129,973,000USD133,810,000USD137,466,000USD
    Goodwill62,547,000USD63,779,000USD64,667,000USD63,779,000USD65,222,000USD61,703,000USD61,653,000USD65,619,000USD
    Intangible Assets82,058,000USD87,962,000USD93,637,000USD97,234,000USD103,685,000USD104,155,000USD109,230,000USD242,330,000USD
    Accounts Payable118,802,000USD114,689,000USD94,561,000USD113,732,000USD106,084,000USD106,947,000USD109,651,000USD117,164,000USD
    Common Stock135,000USD135,000USD132,000USD132,000USD132,000USD132,000USD130,000USD130,000USD
    Retained Earnings-827,558,000USD-839,965,000USD-844,457,000USD-846,529,000USD-825,975,000USD-833,675,000USD-834,797,000USD-731,297,000USD
    Accumulated Other Comprehensive Income-122,007,000USD-119,081,000USD-115,452,000USD-118,035,000USD-113,723,000USD-122,727,000USD-123,247,000USD-101,160,000USD
    Short Term Debt——11,785,000USD———11,056,000USD—
    SourceDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinal

    Balance sheet Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Assets752,455,000USD815,954,000USD821,061,000USD834,757,000USD791,336,000USD889,926,000USD1,159,997,000USD1,829,652,000USD
    Cash And Equivalents34,661,000USD44,661,000USD46,165,000USD51,000,000USD46,858,000USD128,617,000USD57,911,000USD47,241,000USD
    Total Current Assets448,884,000USD495,637,000USD529,604,000USD512,865,000USD446,733,000USD490,191,000USD665,917,000USD766,017,000USD
    Other Current Assets23,017,000USD19,179,000USD21,887,000USD21,957,000USD23,702,000USD19,018,000USD33,820,000USD23,677,000USD
    Other Non Current Assets3,162,000USD2,025,000USD——————
    Total Liabilities461,312,000USD496,054,000USD——————
    Total Current Liabilities206,534,000USD201,856,000USD204,339,000USD210,293,000USD175,656,000USD124,934,000USD196,850,000USD236,930,000USD
    Other Current Liabilities76,244,000USD77,239,000USD——————
    Other Non Current Liabilities15,875,000USD10,850,000USD——————
    Total Stockholder Equity291,143,000USD319,900,000USD412,633,000USD307,035,000USD329,126,000USD406,236,000USD486,039,000USD1,030,126,000USD
    Total Equity Including Noncontrolling Interest291,143,000USD319,900,000USD——————
    Short Long Term Debt2,814,000USD3,732,000USD1,186,000USD800,000USD860,000USD1,300,000USD717,000USD1,167,000USD
    Long Term Debt134,521,000USD186,525,000USD129,567,000USD239,100,000USD232,370,000USD293,400,000USD398,862,000USD517,544,000USD
    Net Receivables142,396,000USD153,926,000USD161,913,000USD170,051,000USD134,433,000USD90,809,000USD159,546,000USD216,076,000USD
    Inventory239,420,000USD265,487,000USD299,639,000USD269,828,000USD241,740,000USD251,747,000USD414,640,000USD479,023,000USD
    Property Plant Equipment Net132,638,000USD133,810,000USD116,800,000USD120,233,000USD119,436,000USD145,188,000USD203,518,000USD177,358,000USD
    Goodwill64,667,000USD61,653,000USD——————
    Intangible Assets93,637,000USD109,230,000USD167,970,000USD191,481,000USD217,405,000USD240,444,000USD272,300,000USD359,048,000USD
    Accounts Payable94,561,000USD109,651,000USD125,918,000USD118,261,000USD99,379,000USD46,351,000USD98,720,000USD143,186,000USD
    Short Term Debt11,785,000USD11,056,000USD10,386,000USD782,000USD860,000USD1,322,000USD717,000USD1,167,000USD
    Common Stock132,000USD130,000USD109,000USD62,000USD61,000USD60,000USD1,189,000USD1,174,000USD
    Retained Earnings-844,457,000USD-834,797,000USD-699,471,000USD-680,595,000USD-684,307,000USD-601,656,000USD-503,369,000USD63,688,000USD
    Accumulated Other Comprehensive Income-115,452,000USD-123,247,000USD-115,236,000USD-127,485,000USD-101,028,000USD-100,389,000USD-108,938,000USD-115,230,000USD
    Total Liab——408,428,000USD527,722,000USD462,210,000USD483,690,000USD673,958,000USD799,526,000USD
    Other Current Liab——53,263,000USD76,544,000USD58,436,000USD67,581,000USD86,625,000USD81,032,000USD
    Capital Stock——109,000USD62,000USD61,000USD60,000USD1,189,000USD1,174,000USD
    Good Will——0USD19,000USD-5,000USD-44,000USD272,300,000USD469,647,000USD
    Other Assets——6,687,000USD10,100,000USD7,800,000USD45,623,000USD18,262,000USD12,600,000USD
    Cash——46,165,000USD51,029,000USD46,858,000USD128,617,000USD57,911,000USD47,241,000USD
    Cash And Short Term Investments——46,165,000USD51,029,000USD46,858,000USD128,617,000USD57,911,000USD47,241,000USD
    Current Deferred Revenue——14,772,000USD14,706,000USD16,981,000USD9,680,000USD10,788,000USD11,545,000USD
    Net Debt——155,238,000USD253,507,000USD221,117,000USD210,614,000USD391,606,000USD471,470,000USD
    Short Long Term Debt Total——201,403,000USD304,536,000USD267,975,000USD339,231,000USD449,517,000USD518,711,000USD
    Property Plant Equipment Gross——291,146,000USD116,800,000USD119,400,000USD145,188,000USD203,518,000USD177,358,000USD
    Common Stock Shares Outstanding——10,212,000shares10,365,500shares5,643,000shares5,577,000shares5,505,000shares5,438,550shares
    Non Current Assets Total——291,457,000USD321,892,000USD344,603,000USD399,735,000USD494,080,000USD1,063,635,000USD
    Non Current Liabilities Total——204,089,000USD317,429,000USD286,554,000USD358,756,000USD477,108,000USD562,596,000USD
    Non Current Liabilities Other——12,132,000USD74,600,000USD53,350,000USD63,431,000USD75,781,000USD29,753,000USD
    Non Currrent Assets Other——6,687,000USD9,994,000USD7,559,000USD14,001,000USD17,608,000USD11,366,000USD
    Net Working Capital——325,265,000USD302,400,000USD271,077,000USD365,257,000USD469,067,000USD529,087,000USD
    Unclassified Non Current Assets——-6,687,000USD-9,935,000USD-7,597,000USD-45,521,000USD-289,908,000USD-11,366,000USD
    Unclassified Non Current Liabilities——62,390,000USD-11,112,000USD-54,100,000USD-65,427,000USD-28,308,000USD-45,052,000USD
    Unclassified Equity——1,227,122,000USD1,114,991,000USD1,249,901,000USD1,242,660,000USD1,230,461,000USD1,213,754,000USD
    Deferred Long Term Liab———1,166,000USD834,000USD1,952,000USD2,465,000USD15,299,000USD
    Other Liab———13,675,000USD54,100,000USD65,400,000USD28,308,000USD45,052,000USD
    Net Tangible Assets———115,554,000USD111,700,000USD165,792,000USD213,739,000USD201,431,000USD
    Treasury Stock————-135,562,000USD-134,499,000USD-134,493,000USD-134,434,000USD
    Unclassified Current Liabilities—————-1,300,000USD——
    Long Term Investments——————0USD44,982,000USD
    SourceDisclosureDeterministicFinalDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
    Depreciation7,802,000USD7,841,000USD52,283,000USD58,000,000USD8,975,000USD63,400,000USD83,400,000USD14,031,000USD
    Stock Based Compensation2,520,000USD2,598,000USD1,321,000USD1,300,000USD1,818,000USD1,100,000USD1,100,000USD1,531,000USD
    Change To Account Receivables-14,810,000USD———1,113,000USD——-5,130,000USD
    Change To Inventory1,756,000USD———2,850,000USD——10,192,000USD
    Change In Working Capital-12,450,000USD———5,703,000USD——11,623,000USD
    Operating Cash Flow1,627,000USD22,437,000USD47,965,000USD25,100,000USD9,326,000USD92,200,000USD——
    Capital Expenditures-256,000USD-1,562,000USD-4,453,000USD-3,100,000USD-2,110,000USD-8,100,000USD-5,700,000USD-1,498,000USD
    Unclassified Investing Cash Flow3,000USD———14,000USD——1,657,000USD
    Investing Cash Flow-253,000USD———-2,096,000USD-137,500,000USD-155,900,000USD—
    Net Debt Issuance17,771,000USD———-16,547,000USD———
    Net Common Stock Issuance-13,843,000USD———-3,318,000USD———
    Unclassified Financing Cash Flow-2,076,000USD———-1,148,000USD——-35,276,000USD
    Financing Cash Flow1,852,000USD———-21,013,000USD———
    Effect Of Forex Changes On Cash-399,000USD———265,000USD———
    Change In Cash2,827,000USD—-12,968,000USD-5,700,000USD-13,518,000USD-1,500,000USD-12,900,000USD-16,662,000USD
    End Cash Flow37,488,000USD———31,143,000USD———
    Net Income—2,072,000USD-20,554,000USD7,700,000USD—-103,500,000USD-14,800,000USD-6,696,000USD
    Other Investing Activities————0USD———
    Other Non Cash Items———————3,831,000USD
    Total Cash From Operating Activities———————23,050,000USD
    Free Cash Flow———————21,552,000USD
    Investments———————-1,657,000USD
    Total Cashflows From Investing Activities———————-1,657,000USD
    Total Cash From Financing Activities———————-36,933,000USD
    Sale Purchase Of Stock———————0USD
    Begin Period Cash Flow———————48,488,000USD
    End Period Cash Flow———————31,826,000USD
    Other Cashflows From Investing Activities———————-159,000USD
    Other Cashflows From Financing Activities———————-1,657,000USD
    Unclassified Operating Cash Flow———————-1,270,000USD
    SourceDisclosureDeterministicFinalDisclosurePreliminaryDisclosurePreliminaryDisclosurePreliminaryDisclosureDeterministicFinalDisclosurePreliminaryDisclosurePreliminaryLegacy providerLegacy

    Cash flow Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Depreciation33,755,000USD53,717,000USD34,728,000USD36,978,000USD42,200,000USD51,000,000USD63,300,000USD74,508,000USD
    Stock Based Compensation9,041,000USD7,137,000USD4,571,000USD4,205,000USD7,594,000USD9,784,000USD15,846,000USD19,927,000USD
    Deferred Income Tax5,335,000USD-17,574,000USD——————
    Other Non Cash Items0USD-2,854,000USD9,427,000USD3,297,000USD3,015,000USD-17,203,000USD529,439,000USD370,910,000USD
    Change To Account Receivables14,694,000USD13,590,000USD8,822,000USD-42,626,000USD-44,959,000USD61,224,000USD49,732,000USD-4,833,000USD
    Change To Inventory11,070,000USD41,467,000USD-31,928,000USD-34,611,000USD1,935,000USD51,621,000USD54,265,000USD-60,903,000USD
    Change In Working Capital21,565,000USD63,189,000USD-21,463,000USD-65,116,000USD11,300,000USD57,340,000USD75,600,000USD-75,306,000USD
    Operating Cash Flow70,402,000USD92,191,000USD——————
    Capital Expenditures-6,015,000USD-8,145,000USD-7,944,000USD-7,492,000USD-2,400,000USD-2,246,000USD-15,100,000USD-24,043,000USD
    Other Investing Activities0USD-150,408,000USD——————
    Unclassified Investing Cash Flow15,581,000USD21,027,000USD-25,575,000USD-27,585,000USD-15,484,000USD—30,258,000USD14,785,000USD
    Investing Cash Flow9,566,000USD-137,526,000USD——————
    Net Debt Issuance-55,142,000USD88,668,000USD——————
    Net Common Stock Issuance-35,933,000USD-1,090,000USD——————
    Unclassified Financing Cash Flow-491,000USD-42,336,000USD—-27,100,000USD—-31,702,000USD—-221,731,000USD
    Financing Cash Flow-91,566,000USD45,242,000USD——————
    Effect Of Forex Changes On Cash1,598,000USD-1,411,000USD——————
    Change In Cash-10,000,000USD-1,504,000USD-4,864,000USD4,171,000USD-81,759,000USD70,706,000USD10,700,000USD-67,975,000USD
    End Cash Flow34,661,000USD44,661,000USD——————
    Net Income——-18,876,000USD3,712,000USD-82,700,000USD-96,889,000USD-567,100,000USD-374,080,000USD
    Total Cash From Operating Activities——8,183,000USD-17,054,000USD-15,800,000USD3,883,000USD104,100,000USD2,407,000USD
    Free Cash Flow——239,000USD-24,546,000USD-18,200,000USD1,637,000USD89,000,000USD-21,636,000USD
    Investments——25,575,000USD27,100,000USD10,784,000USD105,204,000USD28,135,000USD-75,407,000USD
    Total Cashflows From Investing Activities——-6,573,000USD27,139,000USD10,700,000USD108,250,000USD28,100,000USD-75,407,000USD
    Net Borrowings——-1,275,000USD-1,250,000USD-73,200,000USD3,379,000USD-121,097,000USD9,050,000USD
    Total Cash From Financing Activities——-7,582,000USD-5,076,000USD-76,200,000USD-41,765,000USD-122,200,000USD6,522,000USD
    Sale Purchase Of Stock——-5,996,000USD-3,826,000USD-1,414,000USD-195,000USD-1,094,000USD-2,777,000USD
    Begin Period Cash Flow——51,029,000USD46,858,000USD128,617,000USD57,911,000USD47,200,000USD115,216,000USD
    End Period Cash Flow——46,165,000USD51,029,000USD46,858,000USD128,617,000USD57,900,000USD47,241,000USD
    Other Cashflows From Investing Activities——1,371,000USD35,116,000USD17,800,000USD5,292,000USD-15,193,000USD9,258,000USD
    Other Cashflows From Financing Activities——-311,000USD27,100,000USD-1,547,000USD-13,247,000USD-9,000USD221,980,000USD
    Change To Liabilities———11,531,000USD36,327,000USD-69,399,000USD-48,056,000USD-4,192,000USD
    Cash And Cash Equivalents Changes————-81,320,000USD70,368,000USD10,088,000USD-66,478,000USD
    Unclassified Operating Cash Flow————2,791,000USD—-12,985,000USD-13,552,000USD
    Issuance Of Capital Stock——————0USD249,000USD
    SourceDisclosureDeterministicFinalDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow YTD

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ3 20242024-09-30 · USD
    Depreciation25,914,000USD18,051,000USD41,556,000USD
    Stock Based Compensation6,371,000USD3,590,000USD5,180,000USD
    Other Non Cash Items0USD0USD-2,302,000USD
    Change To Account Receivables9,812,000USD2,504,000USD7,619,000USD
    Change To Inventory4,158,000USD9,995,000USD23,441,000USD
    Change In Working Capital16,731,000USD13,894,000USD35,632,000USD
    Operating Cash Flow47,965,000USD25,099,000USD53,675,000USD
    Capital Expenditures-4,453,000USD-3,061,000USD-5,735,000USD
    Other Investing Activities0USD0USD-150,408,000USD
    Unclassified Investing Cash Flow14,737,000USD8,085,000USD236,000USD
    Investing Cash Flow10,284,000USD5,024,000USD-155,907,000USD
    Net Debt Issuance-47,607,000USD-28,034,000USD109,043,000USD
    Net Common Stock Issuance-22,441,000USD-7,616,000USD-1,090,000USD
    Unclassified Financing Cash Flow-2,327,000USD-1,646,000USD-18,526,000USD
    Financing Cash Flow-72,375,000USD-37,296,000USD89,427,000USD
    Effect Of Forex Changes On Cash1,158,000USD1,479,000USD-47,000USD
    Change In Cash-12,968,000USD-5,694,000USD-12,852,000USD
    End Cash Flow31,693,000USD38,967,000USD33,313,000USD
    SourceDisclosureDeterministicFinalDisclosureDeterministicFinalDisclosureDeterministicFinal

    Operating metrics

    No operating metrics are currently published for this company.

    Revenue breakdown

    PeriodDimensionBusiness / regionRevenueCurrencySource
    Q2 2026Quarterly · 2026-06-30GeographyAsia Pacific9,902,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30GeographyCanada47,901,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30GeographyEurope And Africa28,093,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30GeographyLatin America14,812,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30GeographyMiddle East20,789,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30GeographyUnited States104,720,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30ProductCoiled Tubing31,772,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30ProductDownhole61,040,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30ProductDrilling35,535,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30ProductProduction Equipment13,444,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30ProductStimulation And Intervention38,181,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30ProductSubsea33,516,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30ProductValve Solutions12,938,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31GeographyAsia Pacific12,964,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31GeographyCanada42,918,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31GeographyEurope And Africa29,008,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31GeographyLatin America11,627,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31GeographyMiddle East19,045,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31GeographyUnited States93,138,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31ProductCoiled Tubing25,467,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31ProductDownhole50,559,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31ProductDrilling32,730,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31ProductProduction Equipment18,750,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31ProductStimulation And Intervention33,047,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31ProductSubsea35,495,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31ProductValve Solutions12,789,000USDDisclosure
    Q4 2025Quarterly · 2025-12-31GeographyAsia Pacific17,171,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31GeographyCanada38,088,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31GeographyEurope And Africa25,450,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31GeographyLatin America8,561,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31GeographyMiddle East18,609,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31GeographyUnited States94,321,000USDLegacy provider
    FY 2025Yearly · 2025-12-31GeographyAsia Pacific47,753,000USDDisclosure
    FY 2025Yearly · 2025-12-31GeographyCanada135,129,000USDDisclosure
    FY 2025Yearly · 2025-12-31GeographyEurope And Africa84,768,000USDDisclosure
    FY 2025Yearly · 2025-12-31GeographyLatin America35,353,000USDDisclosure
    FY 2025Yearly · 2025-12-31GeographyMiddle East86,460,000USDDisclosure
    FY 2025Yearly · 2025-12-31GeographyUnited States402,011,000USDDisclosure
    FY 2025Yearly · 2025-12-31ProductCoiled Tubing111,252,000USDDisclosure
    FY 2025Yearly · 2025-12-31ProductDownhole Technologies194,825,000USDDisclosure
    FY 2025Yearly · 2025-12-31ProductDrilling Technologies132,906,000USDDisclosure
    FY 2025Yearly · 2025-12-31ProductProduction Equipment73,942,000USDDisclosure
    FY 2025Yearly · 2025-12-31ProductStimulationand Intervention135,409,000USDDisclosure
    FY 2025Yearly · 2025-12-31ProductSubsea Technologies97,624,000USDDisclosure
    FY 2025Yearly · 2025-12-31ProductValve Solutions46,018,000USDDisclosure
    Q4 2025Quarterly · 2025-12-31SegmentArtificial Lift and Downhole75,461,000USDDisclosure
    Q4 2025Quarterly · 2025-12-31SegmentDrilling and Completions126,916,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30GeographyAsia Pacific10,074,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30GeographyCanada34,583,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30GeographyEurope And Africa20,925,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30GeographyLatin America7,863,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30GeographyMiddle East26,275,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30GeographyUnited States96,511,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30ProductCoiled Tubing27,382,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30ProductDownhole48,073,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30ProductDrilling32,234,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30ProductProduction Equipment18,647,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30ProductStimulation And Intervention34,271,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30ProductSubsea23,582,000USDDisclosure
    Q3 2025Quarterly · 2025-09-30ProductValve Solutions12,261,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30GeographyAsia Pacific10,065,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30GeographyCanada31,021,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30GeographyEurope And Africa18,605,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30GeographyLatin America10,866,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30GeographyMiddle East21,931,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30GeographyUnited States107,276,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30ProductCoiled Tubing29,146,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30ProductDownhole51,284,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30ProductDrilling32,846,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30ProductProduction Equipment20,662,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30ProductStimulation And Intervention32,856,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30ProductSubsea22,389,000USDDisclosure
    Q2 2025Quarterly · 2025-06-30ProductValve Solutions10,601,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31GeographyAsia Pacific10,443,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31GeographyCanada31,437,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31GeographyEurope And Africa19,788,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31GeographyLatin America8,063,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31GeographyMiddle East19,645,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31GeographyUnited States103,903,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31ProductCoiled Tubing23,888,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31ProductDownhole47,668,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31ProductDrilling32,113,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31ProductProduction Equipment19,059,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31ProductStimulation And Intervention37,428,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31ProductSubsea22,140,000USDDisclosure
    Q1 2025Quarterly · 2025-03-31ProductValve Solutions11,069,000USDDisclosure
    Q4 2024Quarterly · 2024-12-31GeographyAsia Pacific13,181,000USDDisclosure
    Q4 2024Quarterly · 2024-12-31GeographyCanada44,474,000USDDisclosure
    Q4 2024Quarterly · 2024-12-31GeographyEurope And Africa18,231,000USDDisclosure
    Q4 2024Quarterly · 2024-12-31GeographyLatin America8,143,000USDDisclosure
    Q4 2024Quarterly · 2024-12-31GeographyMiddle East24,089,000USDDisclosure
    Q4 2024Quarterly · 2024-12-31GeographyUnited States92,900,000USDDisclosure
    FY 2024Yearly · 2024-12-31GeographyAsia Pacific43,971,000USDDisclosure
    FY 2024Yearly · 2024-12-31GeographyCanada152,168,000USDDisclosure
    FY 2024Yearly · 2024-12-31GeographyEurope And Africa76,712,000USDDisclosure
    FY 2024Yearly · 2024-12-31GeographyLatin America36,942,000USDDisclosure
    FY 2024Yearly · 2024-12-31GeographyMiddle East91,500,000USDDisclosure
    FY 2024Yearly · 2024-12-31GeographyUnited States415,132,000USDDisclosure
    FY 2024Yearly · 2024-12-31ProductCoiled Tubing104,501,000USDDisclosure
    FY 2024Yearly · 2024-12-31ProductDownhole Technologies207,430,000USDDisclosure

    Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.