Forum Energy Technologies (FET) Gross Profit (2011 - 2026)
Forum Energy Technologies' (FET) quarterly Gross Profit came in at $71.4 million in Q2 2026, up 20.21% on a YoY basis from $59.4 million in Q2 2025, and up 16.99% quarter-over-quarter from $61.0 million in Q1 2026.
Analysis
Forum Energy Technologies (FET) Gross Profit (2011 - 2026) Analysis & Trends
Forum Energy Technologies (FET) has reported Gross Profit for 16 consecutive years, with $71.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Profit rose 20.21% year-over-year to $71.4 million; the trailing twelve-month figure through Jun 2026 stood at $233.7 million (down 4.98% YoY), and the FY2025 full-year result was $219.0 million, down 14.11% from the prior year.
- Gross Profit improved to $71.4 million in Q2 2026 per FET's latest filing, from $61.0 million in the prior quarter.
- Across five years, Gross Profit topped out at $71.4 million in Q2 2026 and bottomed at $38.6 million in Q1 2022.
- Historically, Gross Profit has averaged $55.5 million across 5 years, with a median of $55.2 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Gross Profit surged 66.09% in 2022, then slumped 38.79% in 2025.
- Over 5 years, Gross Profit stood at $50.0 million in 2022, then slipped by 0.5% to $49.7 million in 2023, then grew by 25.63% to $62.5 million in 2024, then declined by 2.21% to $61.1 million in 2025, then gained by 16.81% to $71.4 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $71.4 million, $61.0 million, and $61.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | TechnipFMC | 30.87 Bn | 29.63 Bn | 1.40 Bn |
| 2 | Nov | 7.72 Bn | 6.56 Bn | 521.00 Mn |
| 3 | Cactus | 4.82 Bn | 4.46 Bn | 215.38 Mn |
| 4 | Enerflex | 2.77 Bn | 2.69 Bn | 139.00 Mn |
| 5 | Innovex International | 2.06 Bn | 1.83 Bn | 83.65 Mn |
| 6 | Forum Energy Technologies | 911.33 Mn | 877.61 Mn | 71.35 Mn |
| 7 | Flowco Holdings | 898.72 Mn | 898.72 Mn | 49.17 Mn |
| 8 | Oil States International | 509.94 Mn | 490.13 Mn | 38.71 Mn |
| 9 | OMS Energy Technologies | 197.41 Mn | 43.45 Mn | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.35 Mn |
| Mar 31, 2026 | 60.99 Mn |
| Dec 31, 2025 | 61.08 Mn |
| Sep 30, 2025 | 40.24 Mn |
| Jun 30, 2025 | 59.36 Mn |
| Mar 31, 2025 | 58.36 Mn |
| Dec 31, 2024 | 62.47 Mn |
| Sep 30, 2024 | 65.74 Mn |
| Jun 30, 2024 | 63.07 Mn |
| Mar 31, 2024 | 63.76 Mn |
| Dec 31, 2023 | 49.72 Mn |
| Sep 30, 2023 | 51.02 Mn |
| Jun 30, 2023 | 51.31 Mn |
| Mar 31, 2023 | 52.10 Mn |
| Dec 31, 2022 | 49.97 Mn |
| Sep 30, 2022 | 51.36 Mn |
| Jun 30, 2022 | 48.57 Mn |
| Mar 31, 2022 | 38.62 Mn |
| Dec 31, 2021 | 30.09 Mn |
| Sep 30, 2021 | 34.87 Mn |