Forum Energy Technologies (FET) Gross Margin (2011 - 2026)
Forum Energy Technologies (FET) posted quarterly Gross Margin of 31.54% for Q2 2026, up 183.0% year-over-year from 11.15% in Q2 2025, and up 7.93% on a QoQ basis from 29.22% in Q1 2026.
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 31.54% in Q2 2026.
- Gross Margin for Q2 2026 came in at 31.54%, up 183.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 28.04% (down 263.0% YoY), and the FY2025 annual result was 27.67%, down 356.0% from the prior year.
- Gross Margin advanced to 31.54% in Q2 2026, from 29.22% in the prior quarter.
- Over five years, Gross Margin peaked at 31.63% in Q3 2024 and troughed at 20.5% in Q3 2025.
- A 5-year average of 28.58% and a median of 28.84% in 2026 frame the typical range for Gross Margin.
- The widest annual swing landed in 2022, when Gross Margin surged 590 bps; it then slumped 1113 bps in 2025.
- A 5-year view of Gross Margin shows it 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 rose by 4 bps to 31.54% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 31.54% in Q2 2026, 29.22% in Q1 2026, and 30.21% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.46% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 50.62% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 36.80% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 24.41% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 59.91% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 63.09% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 65.86% |
| 10 | Forum Energy Technologies | 876.56 Mn | 842.84 Mn | 71.35 Mn | 31.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.54% |
| 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% |