FETForum Energy Technologies, Inc.

$680M

Q3 2021 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$141M+36.1% YoY

Gross Profit

$35M24.7% margin

Operating Income

-$7M-5.3% margin

Net Income

-$12M-8.2% margin

EPS (Diluted)

$-2.05

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

-$10M

Free Cash Flow

-$11M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$800M

Total Liabilities

$454M

Stockholders' Equity

$346M

Cash & Equivalents

$50M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$141M	$104M	+36.1%
Gross Profit	$35M	$13M	+165.9%
Operating Income	-$7M	-$33M	+77.3%
Net Income	-$12M	-$22M	+46.2%

Revenue Segments

Stimulation and Intervention

$26M18%

Coiled Tubing

$24M17%

Drilling Technologies

$23M16%

Subsea Technologies

$22M16%

Downhole Technologies

$18M12%

Production Equipment

$14M10%

Valve Solutions

$14M10%

Geographic Segments

UNITED STATES

$89M63%

Europe and Africa

$17M12%

CANADA

$11M8%

Middle East

$11M8%

Asia Pacific

$7M5%

Latin America

$6M4%

FET Q3 2021 Earnings — Forum Energy Technologies, Inc. Revenue & Financial Results | Market Cap Arena