FORUM ENERGY TECHNOLOGIES, INC. (FET)

80.61 +1.04% (+0.83)

Over 5Y: +320.3%

2026-08-28
25 50 75
2021 2022 2023 2024 2025 2026

Financials Quarterly

Q2 '21 — Revenue: 137.4M Q2 '21 — Operating Cash Flow: 3.7M Q2 '21 — Free Cash Flow: 3.4M Q2 '21 — Net Income: -21.8M Q3 '21 — Revenue: 141M Q3 '21 — Operating Cash Flow: -10.5M Q3 '21 — Free Cash Flow: -10.8M Q3 '21 — Net Income: -11.6M Q4 '21 — Revenue: 148.1M Q4 '21 — Operating Cash Flow: -7.7M Q4 '21 — Free Cash Flow: -9.1M Q4 '21 — Net Income: -19.6M Q1 '22 — Revenue: 155.2M Q1 '22 — Operating Cash Flow: -24.9M Q1 '22 — Free Cash Flow: -25.7M Q1 '22 — Net Income: -9.2M Q2 '22 — Revenue: 172.2M Q2 '22 — Operating Cash Flow: -25.7M Q2 '22 — Free Cash Flow: -28.4M Q2 '22 — Net Income: 9.3M Q3 '22 — Revenue: 181.8M Q3 '22 — Operating Cash Flow: 18.4M Q3 '22 — Free Cash Flow: 17.2M Q3 '22 — Net Income: 16.5M Q4 '22 — Revenue: 190.7M Q4 '22 — Operating Cash Flow: 15.1M Q4 '22 — Free Cash Flow: 12.4M Q4 '22 — Net Income: -12.8M Q1 '23 — Revenue: 189M Q1 '23 — Operating Cash Flow: -23.1M Q1 '23 — Free Cash Flow: -24.2M Q1 '23 — Net Income: -3.5M Q2 '23 — Revenue: 185.4M Q2 '23 — Operating Cash Flow: -6.4M Q2 '23 — Free Cash Flow: -8.1M Q2 '23 — Net Income: -6.6M Q3 '23 — Revenue: 179.3M Q3 '23 — Operating Cash Flow: 26.4M Q3 '23 — Free Cash Flow: 23.7M Q3 '23 — Net Income: 8M Q4 '23 — Revenue: 185.2M Q4 '23 — Operating Cash Flow: 11.3M Q4 '23 — Free Cash Flow: 8.8M Q4 '23 — Net Income: -16.8M Q1 '24 — Revenue: 202.4M Q1 '24 — Operating Cash Flow: 5M Q1 '24 — Free Cash Flow: 2.1M Q1 '24 — Net Income: -10.3M Q2 '24 — Revenue: 205.2M Q2 '24 — Operating Cash Flow: 23.1M Q2 '24 — Free Cash Flow: 21.6M Q2 '24 — Net Income: -6.7M Q3 '24 — Revenue: 207.8M Q3 '24 — Operating Cash Flow: 25.6M Q3 '24 — Free Cash Flow: 24.3M Q3 '24 — Net Income: -14.8M Q4 '24 — Revenue: 201M Q4 '24 — Operating Cash Flow: 38.5M Q4 '24 — Free Cash Flow: 36.1M Q4 '24 — Net Income: -103.5M Q1 '25 — Revenue: 193.3M Q1 '25 — Operating Cash Flow: 9.3M Q1 '25 — Free Cash Flow: 7.2M Q1 '25 — Net Income: 1.1M Q2 '25 — Revenue: 199.8M Q2 '25 — Operating Cash Flow: 15.8M Q2 '25 — Free Cash Flow: 14.8M Q2 '25 — Net Income: 7.7M Q3 '25 — Revenue: 196.2M Q3 '25 — Operating Cash Flow: 22.9M Q3 '25 — Free Cash Flow: 21.5M Q3 '25 — Net Income: -20.6M Q4 '25 — Revenue: 202.2M Q4 '25 — Operating Cash Flow: 22.4M Q4 '25 — Free Cash Flow: 20.9M Q4 '25 — Net Income: 2.1M Q1 '26 — Revenue: 208.7M Q1 '26 — Operating Cash Flow: 1.6M Q1 '26 — Free Cash Flow: 1.4M Q1 '26 — Net Income: 4.5M -70M 0 70M 140M 210M
Q3 '21 Q2 '22 Q1 '23 Q4 '23 Q3 '24 Q2 '25 Q1 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-03-31, reported in USD. The newest fact in the filings is dated 2026-03-31, 152 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

3.4
OE margin 6.0%
ROIC 6.4%
Accruals -9.0%
OCF / EBIT 1.9×
FCF margin 7.3%
Gross margin 27.5%
OCF margin 7.8%
ROCE 5.8%
Profit margin -0.78%
ROA -0.82%
ROE -2.2%

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

3.3
RPO / sales 0.055×
Segment HHI 0.52 HHI
RPO growth —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

3.8
ND/EBITDA —
Debt / Eq 0.57×
Debt payback 2.1 yr
F-score 6.0 pts
Net debt / Eq 0.43×
Quick ratio 1.1×
Cash / Debt 0.24×
Cash runway —
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

4.1
Sales CAGR 4Y +10.0%
Sales/sh Y/Y +3.4%
EBIT CAGR +21.2%
Sales Q/Q +8.0%
Div. growth —
EBIT Y/Y —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.