Forum Energy Technologies FET
NYSE FET
$80.24 +0.38 (+0.48%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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