Forum Energy Technologies (FET) Cost of Revenue (2011 - 2026)
Forum Energy Technologies (FET) posted Cost of Revenue of $147.7 million for Q1 2026, up 4.67% on a QoQ basis from $141.1 million in Q4 2025, and up 9.48% year-over-year from $134.9 million in Q1 2025.
Forum Energy Technologies (FET) Cost of Revenue (2011 - 2026) Analysis & Trends
Forum Energy Technologies' Cost of Revenue history runs 16 years deep, the most recent figure standing at $147.7 million for Q1 2026.
- Quarterly Cost of Revenue rose 9.48% year-over-year to $147.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $585.2 million (up 4.94% YoY) and the FY2025 annual result came in at $572.4 million, up 1.97% from the prior year.
- Cost of Revenue was $147.7 million for Q1 2026 at Forum Energy Technologies, up from $141.1 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $156.0 million in Q3 2025 and bottomed at $116.6 million in Q1 2022.
- A 5-year average of $136.9 million and a median of $138.6 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 31.95% — and 2023, when it retreated 3.7%.
- Forum Energy Technologies' Cost of Revenue stood at $140.7 million in 2022, then decreased by 3.7% to $135.5 million in 2023, then rose by 2.27% to $138.6 million in 2024, then grew by 1.85% to $141.1 million in 2025, then grew by 4.67% to $147.7 million in 2026.
- Business Quant data shows FET's Cost of Revenue at $147.7 million in Q1 2026, $141.1 million in Q4 2025, and $156.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 3.34 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 2.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 855.20 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 3.37 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 1.67 Bn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 329.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 126.34 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 565.16 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 122.88 Mn |
| 10 | Forum Energy Technologies | 643.80 Mn | 606.31 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 |