Forum Energy Technologies (FET) Gross Margin (2011 - 2026)
Forum Energy Technologies (FET) posted Gross Margin of 29.22% for Q1 2026, down 3.26% on a QoQ basis from 30.21% in Q4 2025, and down 97.0% year-over-year from 974.14% in Q1 2025.
Forum Energy Technologies (FET) Gross Margin (2011 - 2026) Analysis & Trends
Forum Energy Technologies' Gross Margin history runs 16 years deep, the most recent figure standing at 29.22% for Q1 2026.
- Quarterly Gross Margin fell 97.0% year-over-year to 29.22% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 27.47% (down 345.0% YoY) and the FY2025 annual result came in at 27.67%, down 356.0% from the prior year.
- Gross Margin was 29.22% for Q1 2026 at Forum Energy Technologies, down from 30.21% in the prior quarter.
- Across five years, Gross Margin topped out at 31.63% in Q3 2024 and bottomed at 20.5% in Q3 2025.
- A 5-year average of 28.41% and a median of 28.46% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin surged 590 bps — and 2025, when it slumped 1113 bps.
- Forum Energy Technologies' Gross Margin stood at 26.21% in 2022, then advanced by 2 bps to 26.85% in 2023, then advanced by 16 bps to 31.07% in 2024, then decreased by 3 bps to 30.21% in 2025, then declined by 3 bps to 29.22% in 2026.
- Business Quant data shows FET's Gross Margin at 29.22% in Q1 2026, 30.21% in Q4 2025, and 20.5% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 61.69% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 33.87% |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 65.69% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 37.69% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 18.47% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 70.23% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 66.20% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 18.38% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 64.46% |
| 10 | Forum Energy Technologies | 643.80 Mn | 606.31 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% |