FET Q1 2021 Earnings — Forum Energy Technologies, Inc. Revenue & Financial Results | Market Cap Arena

FETForum Energy Technologies, Inc.

$706M

Q1 2021 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$115M-37.3% YoY

Gross Profit

$26M22.9% margin

Operating Income

-$15M-13.4% margin

Net Income

-$30M-25.9% margin

EPS (Diluted)

$-5.28

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$2M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$844M

Total Liabilities

$462M

Stockholders' Equity

$382M

Cash & Equivalents

$101M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$115M	$183M	-37.3%
Gross Profit	$26M	$22M	+18.5%
Operating Income	-$15M	-$38M	+59.8%
Net Income	-$30M	-$37M	+20.1%

Revenue Segments

Coiled Tubing

$19M17%

Stimulation and Intervention

$19M16%

Drilling Technologies

$19M16%

Downhole Technologies

$15M13%

Subsea Technologies

$15M13%

Production Equipment

$14M13%

Valve Solutions

$14M12%

Geographic Segments

UNITED STATES

$68M60%

Europe and Africa

$13M11%

Middle East

$10M9%

CANADA

$9M8%

Asia Pacific

$9M8%

Latin America

$5M5%