FET FY 2023 Earnings — Forum Energy Technologies, Inc. Revenue & Financial Results | Market Cap Arena

FETForum Energy Technologies, Inc.

$706M

FY 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$739M+5.6% YoY

Gross Profit

$204M27.6% margin

Operating Income

$21M2.8% margin

Net Income

-$19M-2.6% margin

EPS (Diluted)

$-1.85

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$239,000

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$821M

Total Liabilities

$408M

Stockholders' Equity

$413M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$739M	$700M	+5.6%
Gross Profit	$204M	$189M	+8.3%
Operating Income	$21M	$17M	+19.6%
Net Income	-$19M	$4M	-608.5%