Forum Energy Technologies (FET) Net Margin (2011 - 2026)
Forum Energy Technologies' (FET) quarterly Net Margin came in at 5.48% in Q2 2026, up 163.0% on a YoY basis from 2.09% in Q2 2025, and up 155.1% quarter-over-quarter from 2.15% in Q1 2026.
Powered by 
Analysis
Forum Energy Technologies (FET) Net Margin (2011 - 2026) Analysis & Trends
Forum Energy Technologies (FET) has reported Net Margin for 16 consecutive years, with 5.48% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 163.0% year-over-year to 5.48%; the trailing twelve-month figure through Jun 2026 stood at 0.19% (up 1347.0% YoY), and the FY2025 full-year result was 1.22%, up 1535.0% from the prior year.
- Net Margin advanced to 5.48% in Q2 2026 per FET's latest filing, from 2.15% in the prior quarter.
- Across five years, Net Margin topped out at 9.05% in Q3 2022 and bottomed at 51.49% in Q4 2024.
- Historically, Net Margin has averaged 4.04% across 5 years, with a median of 2.55% in 2023.
- The sharpest annual moves came in 2024 and 2025: Net Margin tumbled 4245 bps in 2024, then jumped 5253 bps in 2025.
- Over 5 years, Net Margin stood at 6.73% in 2022, then tumbled by 34 bps to 9.04% in 2023, then plunged by 470 bps to 51.49% in 2024, then soared by 102 bps to 1.04% in 2025, then surged by 425 bps to 5.48% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 5.48%, 2.15%, and 1.04% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 30.87 Bn | 29.63 Bn | 1.40 Bn | 13.24% |
| 2 | Nov | 7.72 Bn | 6.56 Bn | 521.00 Mn | 5.44% |
| 3 | Cactus | 4.82 Bn | 4.46 Bn | 215.38 Mn | 10.90% |
| 4 | Enerflex | 2.77 Bn | 2.69 Bn | 139.00 Mn | 5.15% |
| 5 | Innovex International | 2.06 Bn | 1.83 Bn | 83.65 Mn | 10.22% |
| 6 | Forum Energy Technologies | 911.33 Mn | 877.61 Mn | 71.35 Mn | 5.48% |
| 7 | Flowco Holdings | 898.72 Mn | 898.72 Mn | 49.17 Mn | 13.12% |
| 8 | Oil States International | 509.94 Mn | 490.13 Mn | 38.71 Mn | 3.77% |
| 9 | OMS Energy Technologies | 197.41 Mn | 43.45 Mn | - | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | -7.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.48% |
| Mar 31, 2026 | 2.15% |
| Dec 31, 2025 | 1.04% |
| Sep 30, 2025 | -10.49% |
| Jun 30, 2025 | 3.85% |
| Mar 31, 2025 | 0.56% |
| Dec 31, 2024 | -51.49% |
| Sep 30, 2024 | -7.13% |
| Jun 30, 2024 | -3.26% |
| Mar 31, 2024 | -5.10% |
| Dec 31, 2023 | -9.04% |
| Sep 30, 2023 | 4.43% |
| Jun 30, 2023 | -3.57% |
| Mar 31, 2023 | -1.84% |
| Dec 31, 2022 | -6.73% |
| Sep 30, 2022 | 9.05% |
| Jun 30, 2022 | 5.38% |
| Mar 31, 2022 | -5.96% |
| Dec 31, 2021 | -13.20% |
| Sep 30, 2021 | -8.22% |