Forum Energy Technologies (FET) Gross Margin (2011 - 2026)
Forum Energy Technologies' (FET) quarterly Gross Margin came in at 31.54% in Q2 2026, up 183.0% on a YoY basis from 11.15% in Q2 2025, and up 7.93% quarter-over-quarter from 29.22% in Q1 2026.
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Forum Energy Technologies (FET) Gross Margin (2011 - 2026) Analysis & Trends
Forum Energy Technologies (FET) has reported Gross Margin for 16 consecutive years, with 31.54% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 183.0% year-over-year to 31.54%; the trailing twelve-month figure through Jun 2026 stood at 28.04% (down 263.0% YoY), and the FY2025 full-year result was 27.67%, down 356.0% from the prior year.
- Gross Margin advanced to 31.54% in Q2 2026 per FET's latest filing, from 29.22% 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.
- Historically, Gross Margin has averaged 28.58% across 5 years, with a median of 28.84% in 2026.
- The sharpest annual moves came in 2022 and 2025: Gross Margin soared 590 bps in 2022, then plunged 1113 bps in 2025.
- Over 5 years, 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 advanced by 4 bps to 31.54% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 31.54%, 29.22%, and 30.21% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 29.92 Bn | 28.68 Bn | 1.40 Bn | 50.62% |
| 2 | Nov | 7.63 Bn | 6.46 Bn | 521.00 Mn | 24.41% |
| 3 | Cactus | 4.74 Bn | 4.38 Bn | 215.38 Mn | 47.91% |
| 4 | Enerflex | 2.75 Bn | 2.68 Bn | 139.00 Mn | 23.88% |
| 5 | Innovex International | 2.04 Bn | 1.81 Bn | 83.65 Mn | 34.16% |
| 6 | Forum Energy Technologies | 916.69 Mn | 882.98 Mn | 71.35 Mn | 31.54% |
| 7 | Flowco Holdings | 886.30 Mn | 886.30 Mn | 49.17 Mn | 20.85% |
| 8 | Oil States International | 501.75 Mn | 481.95 Mn | 38.71 Mn | 24.71% |
| 9 | OMS Energy Technologies | 203.29 Mn | 49.33 Mn | - | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | 36.35% |
Historic Data
Download Data
Historic 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% |