Forum Energy Technologies (FET) Intangibles (2011 - 2026)
Forum Energy Technologies (FET) reported Intangibles of $82.06 million for Q2 2026, down 20.9% from $103.69 million a year earlier and down 6.7% from the prior quarter.
Forum Energy Technologies (FET) Intangibles (2011 - 2026) Analysis & Trends
At the end of FY2025, Forum Energy Technologies posted Intangibles of $93.64 million, down 14.3% from FY2024.
- Intangibles has declined for eight consecutive years, with a five-year compound annual growth rate of -17.2% (FY2020 to FY2025).
- By year, Intangibles came in at $109.23 million in FY2024 (-35.0%), $167.97 million in FY2023 (-12.3%), $191.48 million in FY2022 (-11.9%) and $217.41 million in FY2021 (-9.6%).
- The Q2 2026 figure ranks as the lowest quarterly Intangibles in data going back to Q4 2011.
- Year over year, Intangibles has now declined in each of the last seven quarters, with an average decline of 28.1% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was Q1 2024 (growth of 40.8%); the low point was Q1 2025 (a decline of 60.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $87.96 million (Q1 2026), $93.64 million (Q4 2025) and $97.23 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 4.88 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 4.00 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 381.10 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | - |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 438.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | - |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 265.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | - |
| 10 | Forum Energy Technologies | 910.50 Mn | 772.94 Mn | 71.35 Mn | 82.06 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.06 Mn |
| Mar 31, 2026 | 87.96 Mn |
| Dec 31, 2025 | 93.64 Mn |
| Sep 30, 2025 | 97.23 Mn |
| Jun 30, 2025 | 103.69 Mn |
| Mar 31, 2025 | 104.16 Mn |
| Dec 31, 2024 | 109.23 Mn |
| Sep 30, 2024 | 242.33 Mn |
| Jun 30, 2024 | 249.83 Mn |
| Mar 31, 2024 | 261.41 Mn |
| Dec 31, 2023 | 167.97 Mn |
| Sep 30, 2023 | 173.39 Mn |
| Jun 30, 2023 | 179.81 Mn |
| Mar 31, 2023 | 185.63 Mn |
| Dec 31, 2022 | 191.48 Mn |
| Sep 30, 2022 | 196.58 Mn |
| Jun 30, 2022 | 203.79 Mn |
| Mar 31, 2022 | 210.87 Mn |
| Dec 31, 2021 | 217.41 Mn |
| Sep 30, 2021 | 220.91 Mn |
Forum Energy Technologies Intangibles 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=intangibles&ticker=FET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=FET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();