Forum Energy Technologies (FET) Cost of Revenue (2011 - 2026)
Forum Energy Technologies (FET) posted quarterly Cost of Revenue of $154.9 million for Q2 2026, up 10.3% year-over-year from $140.4 million in Q2 2025, and up 4.84% on a QoQ basis from $147.7 million in Q1 2026.
Forum Energy Technologies (FET) Cost of Revenue (2011 - 2026) Analysis & Trends
Forum Energy Technologies has reported Cost of Revenue for 16 years, with the latest figure at $154.9 million in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $154.9 million, up 10.3% year-over-year; the trailing twelve-month figure through Jun 2026 was $599.7 million (up 7.87% YoY), and the FY2025 annual result was $572.4 million, up 1.97% from the prior year.
- Cost of Revenue climbed to $154.9 million in Q2 2026, from $147.7 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $156.0 million in Q3 2025 and troughed at $116.6 million in Q1 2022.
- A 5-year average of $137.9 million and a median of $138.6 million in 2024 frame the typical range for Cost of Revenue.
- The widest annual swing landed in 2022, when Cost of Revenue surged 31.95%; it then retreated 3.7% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $140.7 million in 2022, then fell by 3.7% to $135.5 million in 2023, then grew by 2.27% to $138.6 million in 2024, then advanced by 1.85% to $141.1 million in 2025, then increased by 9.74% to $154.9 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $154.9 million in Q2 2026, $147.7 million in Q1 2026, and $141.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 4.34 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 5.16 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 1,981.97 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 1.36 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 3.61 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 1.61 Bn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 443.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 144.36 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 126.73 Mn |
| 10 | Forum Energy Technologies | 882.43 Mn | 848.71 Mn | 71.35 Mn | 154.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 154.87 Mn |
| Jun 30, 2026 | 154.87 Mn |
| Mar 31, 2026 | 147.71 Mn |
| Mar 31, 2026 | 147.71 Mn |
| Dec 31, 2025 | 141.12 Mn |
| Dec 31, 2025 | 141.12 Mn |
| Sep 30, 2025 | 155.99 Mn |
| Sep 30, 2025 | 155.99 Mn |
| Jun 30, 2025 | 140.41 Mn |
| Jun 30, 2025 | 140.41 Mn |
| Mar 31, 2025 | 134.92 Mn |
| Mar 31, 2025 | 134.92 Mn |
| Dec 31, 2024 | 138.55 Mn |
| Dec 31, 2024 | 138.55 Mn |
| Sep 30, 2024 | 142.07 Mn |
| Sep 30, 2024 | 142.07 Mn |
| Jun 30, 2024 | 142.14 Mn |
| Jun 30, 2024 | 142.14 Mn |
| Mar 31, 2024 | 138.63 Mn |
| Mar 31, 2024 | 138.63 Mn |