Forum Energy Technologies (FET) Gross Margin (2011 - 2026)
Forum Energy Technologies (FET) reported Gross Margin of 29.22% for Q1 2026, down 97.0% on a YoY basis from 974.14% in Q1 2025, and down 3.26% quarter-over-quarter from 30.21% in Q4 2025.
Forum Energy Technologies (FET) Gross Margin (2011 - 2026) Analysis & Trends
Forum Energy Technologies has reported Gross Margin for 16 years, with the latest figure at 29.22% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 97.0% year-over-year to 29.22%; the trailing twelve-month figure through Mar 2026 stood at 27.47% (down 345.0% YoY), and the FY2025 full-year result was 27.67%, down 356.0% from the prior year.
- Gross Margin for Q1 2026 stood at 29.22%, down from 30.21% in the prior quarter.
- The five-year high for Gross Margin was 31.63% in Q3 2024, with the low at 20.5% in Q3 2025.
- Historically, Gross Margin has averaged 28.41% across 5 years, with a median of 28.46% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin surged 590 bps — and 2025, when it tumbled 1113 bps.
- Forum Energy Technologies' Gross Margin stood at 26.21% in 2022, then rose by 2 bps to 26.85% in 2023, then rose by 16 bps to 31.07% in 2024, then fell by 3 bps to 30.21% in 2025, then slipped by 3 bps to 29.22% in 2026.
- The last three Gross Margin figures came in at 29.22% (Q1 2026), 30.21% (Q4 2025), and 20.5% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 53.57% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 22.98% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 37.69% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 59.67% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 5.80% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 76.04% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 66.20% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 64.46% |
| 10 | Forum Energy Technologies | 565.30 Mn | 527.81 Mn | 60.99 Mn | 29.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.22% |
| Dec 31, 2025 | 30.21% |
| Sep 30, 2025 | 20.50% |
| Jun 30, 2025 | 29.71% |
| Mar 31, 2025 | 30.20% |
| Dec 31, 2024 | 31.07% |
| Sep 30, 2024 | 31.63% |
| Jun 30, 2024 | 30.74% |
| Mar 31, 2024 | 31.50% |
| Dec 31, 2023 | 26.85% |
| Sep 30, 2023 | 28.46% |
| Jun 30, 2023 | 27.67% |
| Mar 31, 2023 | 27.57% |
| Dec 31, 2022 | 26.21% |
| Sep 30, 2022 | 28.25% |
| Jun 30, 2022 | 28.20% |
| Mar 31, 2022 | 24.89% |
| Dec 31, 2021 | 20.31% |
| Sep 30, 2021 | 24.73% |
| Jun 30, 2021 | 23.43% |