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
DateValue
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