Forum Energy Technologies (FET) Gross Profit (2011 - 2026)
Forum Energy Technologies (FET) reported Gross Profit of $61.0 million for Q1 2026, up 4.51% on a YoY basis from $58.4 million in Q1 2025, and little changed quarter-over-quarter from $61.1 million in Q4 2025.
Forum Energy Technologies (FET) Gross Profit (2011 - 2026) Analysis & Trends
Forum Energy Technologies has reported Gross Profit for 16 years, with the latest figure at $61.0 million in Q1 2026.
- For the quarter ending Q1 2026, Gross Profit rose 4.51% year-over-year to $61.0 million; the trailing twelve-month figure through Mar 2026 stood at $221.7 million (down 11.2% YoY), and the FY2025 full-year result was $219.0 million, down 14.11% from the prior year.
- Gross Profit for Q1 2026 stood at $61.0 million, roughly flat from $61.1 million in the prior quarter.
- The five-year high for Gross Profit was $65.7 million in Q3 2024, with the low at $38.6 million in Q1 2022.
- Historically, Gross Profit has averaged $54.6 million across 5 years, with a median of $52.1 million in 2023.
- Annual changes were most pronounced in 2022 — Gross Profit jumped 66.09% — and 2025, when it sank 38.79%.
- Forum Energy Technologies' Gross Profit stood at $50.0 million in 2022, then retreated by 0.5% to $49.7 million in 2023, then advanced by 25.63% to $62.5 million in 2024, then slipped by 2.21% to $61.1 million in 2025, then slipped by 0.15% to $61.0 million in 2026.
- The last three Gross Profit figures came in at $61.0 million (Q1 2026), $61.1 million (Q4 2025), and $40.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn |
| 10 | Forum Energy Technologies | 565.30 Mn | 527.81 Mn | 60.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.99 Mn |
| Mar 31, 2026 | 60.99 Mn |
| Dec 31, 2025 | 61.08 Mn |
| Dec 31, 2025 | 61.08 Mn |
| Sep 30, 2025 | 40.24 Mn |
| Sep 30, 2025 | 40.24 Mn |
| Jun 30, 2025 | 59.36 Mn |
| Jun 30, 2025 | 59.36 Mn |
| Mar 31, 2025 | 58.36 Mn |
| Mar 31, 2025 | 58.36 Mn |
| Dec 31, 2024 | 62.47 Mn |
| Dec 31, 2024 | 62.47 Mn |
| Sep 30, 2024 | 65.74 Mn |
| Sep 30, 2024 | 65.74 Mn |
| Jun 30, 2024 | 63.07 Mn |
| Jun 30, 2024 | 63.07 Mn |
| Mar 31, 2024 | 63.76 Mn |
| Mar 31, 2024 | 63.76 Mn |
| Dec 31, 2023 | 49.72 Mn |
| Dec 31, 2023 | 49.72 Mn |