Forum Energy Technologies (FET) Cost of Revenue (2011 - 2026)
Forum Energy Technologies (FET) reported Cost of Revenue of $147.7 million for Q1 2026, up 9.48% on a YoY basis from $134.9 million in Q1 2025, and up 4.67% quarter-over-quarter from $141.1 million in Q4 2025.
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 $147.7 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 9.48% year-over-year to $147.7 million; the trailing twelve-month figure through Mar 2026 stood at $585.2 million (up 4.94% YoY), and the FY2025 full-year result was $572.4 million, up 1.97% from the prior year.
- Cost of Revenue for Q1 2026 stood at $147.7 million, up from $141.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $156.0 million in Q3 2025, with the low at $116.6 million in Q1 2022.
- Historically, Cost of Revenue has averaged $136.9 million across 5 years, with a median of $138.6 million in 2024.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 31.95% — and 2023, when it dropped 3.7%.
- Forum Energy Technologies' Cost of Revenue 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 advanced by 4.67% to $147.7 million in 2026.
- The last three Cost of Revenue figures came in at $147.7 million (Q1 2026), $141.1 million (Q4 2025), and $156.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 4.05 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 5.07 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 3.37 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 1.01 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 1.67 Bn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 276.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 126.34 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 122.88 Mn |
| 10 | Forum Energy Technologies | 565.30 Mn | 527.81 Mn | 60.99 Mn | 147.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 135.48 Mn |
| Dec 31, 2023 | 135.48 Mn |