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
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