Forum Energy Technologies (FET) EBIT (2011 - 2026)
Forum Energy Technologies' EBIT came in at $20.51 million for Q2 2026, up 39.7% from $14.68 million a year earlier and up 86.3% from the prior quarter.
Forum Energy Technologies (FET) EBIT (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Forum Energy Technologies reported EBIT of $38.17 million; for FY2025, it was $30.15 million.
- Going back by year, EBIT was -$86.77 million in FY2024, $20.72 million in FY2023 (+19.6%), $17.33 million in FY2022 and -$44.49 million in FY2021.
- The Q2 2026 figure represents the highest quarterly EBIT since Q2 2015.
- The fastest year-over-year change in EBIT over five years came in Q1 2025 (growth of 175.1%), and the weakest in Q4 2023 (a decline of 80.9%).
- Business Quant data shows FET's EBIT at $11.01 million (Q1 2026), $12.76 million (Q4 2025) and -$6.11 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.64 Bn | 69.57 Bn | 1.40 Bn | 1.07 Bn |
| 2 | Baker Hughes | 53.03 Bn | 16.13 Bn | 1.58 Bn | 859.00 Mn |
| 3 | Halliburton | 27.60 Bn | 19.32 Bn | 804.00 Mn | 778.00 Mn |
| 4 | TechnipFMC | 26.11 Bn | 22.24 Bn | 684.70 Mn | -1.59 Bn |
| 5 | Noble | 6.92 Bn | 4.85 Bn | 239.27 Mn | 30.48 Mn |
| 6 | Transocean | 6.76 Bn | 4.47 Bn | 358.00 Mn | 152.00 Mn |
| 7 | Nov | 6.75 Bn | 1.49 Bn | 521.00 Mn | 193.00 Mn |
| 8 | Valaris | 6.35 Bn | 3.97 Bn | 123.70 Mn | 51.10 Mn |
| 9 | Weatherford International | 5.86 Bn | 1.60 Bn | 374.00 Mn | 153.00 Mn |
| 10 | Forum Energy Technologies | 919.74 Mn | 782.18 Mn | 71.35 Mn | 20.51 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.51 Mn |
| Mar 31, 2026 | 11.01 Mn |
| Dec 31, 2025 | 12.76 Mn |
| Sep 30, 2025 | -6.11 Mn |
| Jun 30, 2025 | 14.68 Mn |
| Mar 31, 2025 | 8.80 Mn |
| Dec 31, 2024 | -106.82 Mn |
| Sep 30, 2024 | 8.92 Mn |
| Jun 30, 2024 | 7.93 Mn |
| Mar 31, 2024 | 3.20 Mn |
| Dec 31, 2023 | 1.79 Mn |
| Sep 30, 2023 | 5.67 Mn |
| Jun 30, 2023 | 6.41 Mn |
| Mar 31, 2023 | 6.85 Mn |
| Dec 31, 2022 | 9.35 Mn |
| Sep 30, 2022 | 7.70 Mn |
| Jun 30, 2022 | 5.98 Mn |
| Mar 31, 2022 | -5.71 Mn |
| Dec 31, 2021 | -13.12 Mn |
| Sep 30, 2021 | -7.38 Mn |
Forum Energy Technologies EBIT 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=ebit&ticker=FET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=FET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();