Forum Energy Technologies (FET) Interest Expenses (2011 - 2026)
Forum Energy Technologies (FET) posted Interest Expenses of $5.1 million for Q1 2026, down 70.65% on a QoQ basis from $17.3 million in Q4 2025, and up 161.79% year-over-year from $1.9 million in Q1 2025.
Forum Energy Technologies (FET) Interest Expenses (2011 - 2026) Analysis & Trends
Forum Energy Technologies' Interest Expenses history runs 16 years deep, the most recent figure standing at $5.1 million for Q1 2026.
- Quarterly Interest Expenses rose 161.79% year-over-year to $5.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.1 million (down 52.58% YoY) and the FY2025 annual result came in at $17.8 million, down 93.0% from the prior year.
- Interest Expenses was $5.1 million for Q1 2026 at Forum Energy Technologies, down from $17.3 million in the prior quarter.
- Across five years, Interest Expenses topped out at $208.1 million in Q4 2022 and bottomed at $579000.0 in Q3 2024.
- A 5-year average of $19.7 million and a median of $5.9 million in 2024 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses plunged 97.89% — and 2025, when it surged 867.88%.
- Forum Energy Technologies' Interest Expenses stood at $208.1 million in 2022, then plunged by 97.89% to $4.4 million in 2023, then soared by 58.48% to $7.0 million in 2024, then soared by 148.44% to $17.3 million in 2025, then tumbled by 70.65% to $5.1 million in 2026.
- Business Quant data shows FET's Interest Expenses at $5.1 million in Q1 2026, $17.3 million in Q4 2025, and $5.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 633.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -11.66 Mn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 81.10 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 114.00 Mn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 22.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 2.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 39.51 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 9.11 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 66.95 Mn |
| 10 | Forum Energy Technologies | 643.80 Mn | 606.31 Mn | 60.99 Mn | 5.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.08 Mn |
| Mar 31, 2026 | 5.08 Mn |
| Dec 31, 2025 | 17.32 Mn |
| Dec 31, 2025 | 17.32 Mn |
| Sep 30, 2025 | 5.60 Mn |
| Sep 30, 2025 | 5.60 Mn |
| Jun 30, 2025 | 5.87 Mn |
| Jun 30, 2025 | 5.87 Mn |
| Mar 31, 2025 | 1.94 Mn |
| Mar 31, 2025 | 1.94 Mn |
| Dec 31, 2024 | 6.97 Mn |
| Dec 31, 2024 | 6.97 Mn |
| Sep 30, 2024 | 579,000.00 |
| Sep 30, 2024 | 579,000.00 |
| Jun 30, 2024 | 1.23 Mn |
| Jun 30, 2024 | 1.23 Mn |
| Mar 31, 2024 | 5.92 Mn |
| Mar 31, 2024 | 5.92 Mn |
| Dec 31, 2023 | 4.40 Mn |
| Dec 31, 2023 | 4.40 Mn |