Forum Energy Technologies (FET) Deferred Taxes (2012 - 2026)
Forum Energy Technologies' Deferred Taxes was $885,000 in Q2 2026, down 58.1% from $2.11 million a year earlier but up 4.6% from the prior quarter.
Forum Energy Technologies (FET) Deferred Taxes (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Forum Energy Technologies' Deferred Taxes was -$7.27 million through Jun 30, 2026; for FY2025, it was -$5.34 million.
- In earlier years, Deferred Taxes was $17.57 million in FY2024, $204,000 in FY2023 (+56.9%), $130,000 in FY2022 and -$2.79 million in FY2021.
- Quarterly Deferred Taxes has moved between -$8.6 million (Q4 2025) and $14.39 million (Q4 2024) over five years.
- Compared with a year earlier, Deferred Taxes was higher in three of the last five quarters, with growth averaging 6.6%.
- The best year-over-year quarter for Deferred Taxes over five years was Q3 2022 (growth of 321.6%); the worst was Q2 2026 (a decline of 58.1%).
- Per Business Quant data, FET's Deferred Taxes in the three quarters before Q2 2026 was $846,000 (Q1 2026), -$8.6 million (Q4 2025) and -$406,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.12 Bn | 72.05 Bn | 1.40 Bn | -58.00 Mn |
| 2 | Baker Hughes | 55.58 Bn | 18.68 Bn | 1.58 Bn | -166.00 Mn |
| 3 | Halliburton | 28.36 Bn | 20.08 Bn | 804.00 Mn | - |
| 4 | TechnipFMC | 27.79 Bn | 23.92 Bn | 684.70 Mn | -600,000.00 |
| 5 | Noble | 7.02 Bn | 4.96 Bn | 239.27 Mn | 13.76 Mn |
| 6 | Nov | 6.92 Bn | 1.66 Bn | 521.00 Mn | 1.00 Mn |
| 7 | Transocean | 6.76 Bn | 4.47 Bn | 358.00 Mn | - |
| 8 | Valaris | 6.36 Bn | 3.97 Bn | 123.70 Mn | 11.20 Mn |
| 9 | Weatherford International | 6.16 Bn | 2.09 Bn | 333.00 Mn | - |
| 10 | Forum Energy Technologies | 978.05 Mn | 840.49 Mn | 71.35 Mn | -885,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -885,000.00 |
| Mar 31, 2026 | -846,000.00 |
| Dec 31, 2025 | 8.60 Mn |
| Sep 30, 2025 | 406,000.00 |
| Jun 30, 2025 | -2.11 Mn |
| Mar 31, 2025 | -1.56 Mn |
| Dec 31, 2024 | -14.39 Mn |
| Sep 30, 2024 | -908,000.00 |
| Jun 30, 2024 | -1.27 Mn |
| Mar 31, 2024 | -1.00 Mn |
| Dec 31, 2023 | -111,000.00 |
| Sep 30, 2023 | -788,000.00 |
| Jun 30, 2023 | 274,000.00 |
| Mar 31, 2023 | 421,000.00 |
| Dec 31, 2022 | 1.74 Mn |
| Sep 30, 2022 | -645,000.00 |
| Jun 30, 2022 | -959,000.00 |
| Mar 31, 2022 | -266,000.00 |
| Dec 31, 2021 | 3.26 Mn |
| Sep 30, 2021 | -153,000.00 |
Forum Energy Technologies Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=FET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "FET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=FET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();