Forum Energy Technologies (FET) Asset Writedowns and Impairment (2012 - 2026)
Forum Energy Technologies (FET) recorded Asset Writedowns and Impairment of $5.5 million in Q2 2026, compared with $370,000 a year earlier.
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Analysis
Forum Energy Technologies (FET) Asset Writedowns and Impairment (2012 - 2026) Analysis & Trends
On a TTM basis, Forum Energy Technologies' Asset Writedowns and Impairment came in at $24.84 million as of Jun 30, 2026, down 79.0% year-over-year; for FY2025, it was $19.7 million, down 83.5% from FY2024.
- Annual Asset Writedowns and Impairment has a five-year compound annual growth rate of -27.9% (FY2020 to FY2025).
- Across earlier years, Asset Writedowns and Impairment came in at $119.12 million in FY2024, $2.8 million in FY2023 (+3.7%), $2.7 million in FY2022 (-66.7%) and $8.1 million in FY2021 (-92.0%).
- Quarterly Asset Writedowns and Impairment has ranged from $194,000 in Q1 2022 to $115.81 million in Q4 2024 over the past five years.
- On a year-over-year basis, Asset Writedowns and Impairment rose in two of the last five quarters, with growth averaging 25.4%.
- Peak year-over-year performance for Asset Writedowns and Impairment in the last five years was growth of 359.8% in Q1 2023, against a decline of 98.0% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $397,000 (Q1 2026), $2.29 million (Q4 2025) and $16.65 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn |
| 10 | Forum Energy Technologies | 934.23 Mn | 796.67 Mn | 71.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.50 Mn |
| Mar 31, 2026 | 397,000.00 |
| Dec 31, 2025 | 2.29 Mn |
| Sep 30, 2025 | 16.65 Mn |
| Jun 30, 2025 | 370,000.00 |
| Mar 31, 2025 | 390,000.00 |
| Dec 31, 2024 | 115.81 Mn |
| Sep 30, 2024 | 1.49 Mn |
| Jun 30, 2024 | 1.29 Mn |
| Mar 31, 2024 | 534,000.00 |
| Dec 31, 2023 | 882,000.00 |
| Sep 30, 2023 | 354,000.00 |
| Jun 30, 2023 | 672,000.00 |
| Mar 31, 2023 | 892,000.00 |
| Dec 31, 2022 | 1.12 Mn |
| Sep 30, 2022 | 753,000.00 |
| Jun 30, 2022 | 633,000.00 |
| Mar 31, 2022 | 194,000.00 |
| Dec 31, 2021 | 4.08 Mn |
| Sep 30, 2021 | 1.40 Mn |
API Access
Forum Energy Technologies Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=FET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "FET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=FET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();