Forum Energy Technologies (FET) Gross Profit (2011 - 2026)
Forum Energy Technologies' Gross Profit came in at $71.35 million for Q2 2026, up 20.2% from $59.36 million a year earlier and up 17.0% from the prior quarter.
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Analysis
Forum Energy Technologies (FET) Gross Profit (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Forum Energy Technologies reported Gross Profit of $233.66 million, down 5.0% year-over-year; for FY2025, it was $219.04 million, down 14.1% from FY2024.
- Going back by year, Gross Profit was $255.03 million in FY2024 (+24.9%), $204.15 million in FY2023 (+8.3%), $188.53 million in FY2022 (+52.8%) and $123.34 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Gross Profit since Q3 2018.
- Year-over-year, Gross Profit increased in four of the last eight quarters, with growth averaging 3.0%.
- The fastest year-over-year change in Gross Profit over five years came in Q3 2021 (growth of 165.9%), and the weakest in Q3 2025 (a decline of 38.8%).
- Business Quant data shows FET's Gross Profit at $60.99 million (Q1 2026), $61.08 million (Q4 2025) and $40.24 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 73.58 Bn | 70.69 Bn | 1.40 Bn |
| 2 | Baker Hughes | 53.23 Bn | 16.50 Bn | 1.58 Bn |
| 3 | Halliburton | 27.65 Bn | 19.41 Bn | 804.00 Mn |
| 4 | TechnipFMC | 26.24 Bn | 22.39 Bn | 684.70 Mn |
| 5 | Noble | 7.02 Bn | 4.95 Bn | 239.27 Mn |
| 6 | Transocean | 6.79 Bn | 4.50 Bn | 358.00 Mn |
| 7 | Nov | 6.71 Bn | 1.50 Bn | 521.00 Mn |
| 8 | Valaris | 6.40 Bn | 4.01 Bn | 123.70 Mn |
| 9 | Weatherford International | 5.89 Bn | 1.66 Bn | 374.00 Mn |
| 10 | Forum Energy Technologies | 918.26 Mn | 780.70 Mn | 71.35 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 |
API Access
Forum Energy Technologies Gross Profit 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-profit&ticker=FET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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-profit&ticker=FET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();