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
DateValue
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%