Forum Energy Technologies (FET) Gross Margin (2011 - 2026)
Forum Energy Technologies (FET) recorded Gross Margin of 31.54% in Q2 2026, up 1.83 percentage points from 29.71% a year earlier and up 2.32 percentage points from the prior quarter.
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Analysis
Forum Energy Technologies (FET) Gross Margin (2011 - 2026) Analysis & Trends
On a TTM basis, Forum Energy Technologies' Gross Margin came in at 28.04% as of Jun 30, 2026, down 2.63 percentage points year-over-year; for FY2025, it was 27.67%, down 3.56 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +29.82 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 31.24% in FY2024 (+3.61 pp), 27.63% in FY2023 (+0.70 pp), 26.94% in FY2022 (+4.14 pp) and 22.80% in FY2021 (+24.95 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q3 2024.
- On a year-over-year basis, Gross Margin rose in three of the last eight quarters, with an average year-over-year change of -0.76 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 72.65 percentage points in Q4 2021, against a drop of 11.13 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 29.22% (Q1 2026), 30.21% (Q4 2025) and 20.50% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 15.55% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 23.46% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 24.78% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 14.07% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 24.41% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 33.25% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 37.06% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 30.14% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 22.94% |
| 10 | Forum Energy Technologies | 910.50 Mn | 772.94 Mn | 71.35 Mn | 31.54% |
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% |
API Access
Forum Energy Technologies Gross Margin 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=gross-margin&ticker=FET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=FET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();