FET FY 2024 Earnings — Forum Energy Technologies, Inc. Revenue & Financial Results | Market Cap Arena

FETForum Energy Technologies, Inc.

$706M

FY 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$816M+10.5% YoY

Gross Profit

$255M31.2% margin

Operating Income

-$87M-10.6% margin

Net Income

-$135M-16.6% margin

EPS (Diluted)

$-11.00

Cash Flow

Operating Cash Flow

$92M

Free Cash Flow

$84M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$816M

Total Liabilities

$496M

Stockholders' Equity

$320M

Cash & Equivalents

$45M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$816M	$739M	+10.5%
Gross Profit	$255M	$204M	+24.9%
Operating Income	-$87M	$21M	-518.8%
Net Income	-$135M	-$19M	-616.9%