Forum Energy Technologies (FET) Net Margin (2011 - 2026)
Forum Energy Technologies (FET) reported Net Margin of 2.15% for Q1 2026, up 157.0% on a YoY basis from 0.84% in Q1 2025, and up 109.81% quarter-over-quarter from 1.02% in Q4 2025.
Forum Energy Technologies (FET) Net Margin (2011 - 2026) Analysis & Trends
Forum Energy Technologies has reported Net Margin for 16 years, with the latest figure at 2.15% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 157.0% year-over-year to 2.15%; the trailing twelve-month figure through Mar 2026 stood at 0.78% (up 1456.0% YoY), and the FY2025 full-year result was 1.22%, up 1535.0% from the prior year.
- Net Margin for Q1 2026 stood at 2.15%, up from 1.02% in the prior quarter.
- The five-year high for Net Margin was 9.05% in Q3 2022, with the low at 51.49% in Q4 2024.
- Historically, Net Margin has averaged 4.59% across 5 years, with a median of 3.26% in 2024.
- Annual changes were most pronounced in 2024 — Net Margin tumbled 4243 bps — and 2025, when it soared 5251 bps.
- Forum Energy Technologies' Net Margin stood at 6.75% in 2022, then slumped by 34 bps to 9.06% in 2023, then slumped by 468 bps to 51.49% in 2024, then jumped by 102 bps to 1.02% in 2025, then soared by 110 bps to 2.15% in 2026.
- The last three Net Margin figures came in at 2.15% (Q1 2026), 1.02% (Q4 2025), and 10.47% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 8.73% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 14.24% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 8.59% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 10.43% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 19.98% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.97% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 9.46% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 19.87% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 5.17% |
| 10 | Forum Energy Technologies | 565.30 Mn | 527.81 Mn | 60.99 Mn | 2.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.15% |
| Dec 31, 2025 | 1.02% |
| Sep 30, 2025 | -10.47% |
| Jun 30, 2025 | 3.85% |
| Mar 31, 2025 | 0.58% |
| Dec 31, 2024 | -51.49% |
| Sep 30, 2024 | -7.12% |
| Jun 30, 2024 | -3.26% |
| Mar 31, 2024 | -5.08% |
| Dec 31, 2023 | -9.06% |
| Sep 30, 2023 | 4.45% |
| Jun 30, 2023 | -3.57% |
| Mar 31, 2023 | -1.84% |
| Dec 31, 2022 | -6.75% |
| Sep 30, 2022 | 9.05% |
| Jun 30, 2022 | 5.38% |
| Mar 31, 2022 | -5.93% |
| Dec 31, 2021 | -13.23% |
| Sep 30, 2021 | -8.22% |
| Jun 30, 2021 | -15.87% |