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FET (Forum Energy Technologies, Inc.) Stock Financials & Earnings | Market Cap Arena
FET
Forum Energy Technologies, Inc.
Mkt Cap
$706M
Energy
·
Oil & Gas Equipment & Services
·
🇺🇸 United States
·
NYSE
Revenue (TTM)
$791M
Net Income (TTM)
-$10M
EPS (TTM)
-$0.80
Free Cash Flow (TTM)
$66M
Gross Margin
27.7%
Op. Margin
2.4%
Net Margin
-1.2%
FCF Margin
8.3%
P/S Ratio (TTM)
0.9x
P/E Ratio (TTM)
—
YoY Rev Growth
-3.1%
Employees
—
Earnings Reports
▶
Q4 2025
NEW
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$189M
$52M
$7M
Q2 23
$185M
$51M
$6M
Q3 23
$179M
$51M
$6M
Q4 23
$185M
$50M
$5M
Q1 24
$202M
$64M
$3M
Q2 24
$205M
$63M
$8M
Q3 24
$208M
$66M
$9M
Q4 24
$201M
$62M
-$107M
Q1 25
$193M
$58M
$9M
Q2 25
$200M
$59M
$15M
Q3 25
$196M
$40M
-$6M
Q4 25
$202M
$61M
$2M
marketcaparena.com
Revenue Breakdown
FET
Forum Energy Technologies, Inc.
Revenue Breakdown
Q4 2025
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
1.0x
74.7x
Q2 23
0.9x
—
Q3 23
0.9x
—
Q4 23
1.0x
—
Q1 24
0.9x
—
Q2 24
0.9x
—
Q3 24
0.9x
—
Q4 24
0.9x
—
Q1 25
0.9x
—
Q2 25
0.9x
—
Q3 25
0.9x
—
Q4 25
0.9x
—
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Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
-$23M
-$24M
Q2 23
-$6M
-$8M
Q3 23
$26M
$24M
Q4 23
$11M
$9M
Q1 24
$5M
$2M
Q2 24
$23M
$22M
Q3 24
$26M
$24M
Q4 24
$39M
$36M
Q1 25
$9M
$7M
Q2 25
$16M
$16M
Q3 25
$23M
$21M
Q4 25
$22M
$21M
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Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$1M
Q2 23
$2M
Q3 23
$3M
Q4 23
$2M
Q1 24
$3M
Q2 24
$1M
Q3 24
$1M
Q4 24
$2M
Q1 25
$2M
Q2 25
$431K
Q3 25
$1M
Q4 25
$2M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+21.8%
+13.2%
Q2 23
+7.7%
+7.1%
Q3 23
-1.4%
-0.3%
Q4 23
-2.9%
-4.3%
Q1 24
+7.1%
+9.4%
Q2 24
+10.7%
+10.2%
Q3 24
+15.9%
+14.6%
Q4 24
+8.5%
+70.5%
Q1 25
-4.5%
-7.4%
Q2 25
-2.7%
-6.2%
Q3 25
-5.6%
+1.7%
Q4 25
+0.6%
-34.9%
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Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$841K
0.4%
Q2 23
$1M
0.7%
Q3 23
$1M
0.7%
Q4 23
$1M
0.7%
Q1 24
$2M
0.8%
Q2 24
$2M
0.7%
Q3 24
$2M
1.0%
Q4 24
$2M
1.0%
Q1 25
$2M
0.9%
Q2 25
$5M
2.4%
Q3 25
$3M
1.4%
Q4 25
$0
0.0%
marketcaparena.com
OpEx Breakdown
SG&A
Quarter
SG&A
Q1 23
$46M
Q2 23
$44M
Q3 23
$45M
Q4 23
$45M
Q1 24
$55M
Q2 24
$54M
Q3 24
$56M
Q4 24
$55M
Q1 25
$49M
Q2 25
$51M
Q3 25
$50M
Q4 25
$49M
marketcaparena.com
Revenue Segments
Completions
Drilling And Downhole
Production
Quarter
Completions
Drilling And Downhole
Production
Q1 23
$74M
$77M
$39M
Q2 23
$72M
$81M
$33M
Q3 23
$62M
$81M
$37M
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Revenue by Geography
Quarter
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War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$47M
$0
$47M
Q2 23
$25M
$0
$25M
Q3 23
$37M
$0
$37M
Q4 23
$46M
$0
$46M
Q1 24
$48M
$0
$48M
Q2 24
$32M
$0
$32M
Q3 24
$33M
$0
$33M
Q4 24
$45M
$0
$45M
Q1 25
$31M
$0
$31M
Q2 25
$39M
$0
$39M
Q3 25
$32M
$0
$32M
Q4 25
$35M
$0
$35M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
10M
-1.8%
Q2 23
10M
+0.3%
Q3 23
10M
+1.8%
Q4 23
10M
-1.9%
Q1 24
12M
+19.6%
Q2 24
12M
+1.1%
Q3 24
12M
+0.0%
Q4 24
12M
-0.3%
Q1 25
13M
+2.2%
Q2 25
13M
-0.1%
Q3 25
12M
-3.5%
Q4 25
12M
-0.2%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
$446K
4K
FY 15
$429K
3K
FY 16
$287K
2K
FY 17
$315K
3K
FY 18
$426K
3K
FY 19
$416K
2K
FY 20
$366K
1K
FY 21
$387K
1K
FY 22
$467K
2K
FY 23
$462K
2K
FY 24
$454K
2K
FY 25
$466K
2K
marketcaparena.com