Forum Energy Technologies (FET) Non-Current Debt (2011 - 2026)
Forum Energy Technologies' (FET) quarterly Non-Current Debt came in at $143.7 million in Q2 2026, down 9.8% on a YoY basis from $159.3 million in Q2 2025, and down 6.51% quarter-over-quarter from $153.7 million in Q1 2026.
Analysis
Forum Energy Technologies (FET) Non-Current Debt (2011 - 2026) Analysis & Trends
Forum Energy Technologies (FET) has reported Non-Current Debt for 16 consecutive years, with $143.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Debt fell 9.8% year-over-year to $143.7 million; the trailing twelve-month figure through Jun 2026 stood at $143.7 million (down 9.8% YoY), and the FY2025 full-year result was $135.9 million, down 27.85% from the prior year.
- Non-Current Debt eased to $143.7 million in Q2 2026 per FET's latest filing, from $153.7 million in the prior quarter.
- Across five years, Non-Current Debt topped out at $287.5 million in Q1 2024 and bottomed at $129.6 million in Q3 2023.
- Historically, Non-Current Debt has averaged $189.4 million across 5 years, with a median of $165.4 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Non-Current Debt plunged 48.47% in 2023, then soared 87.89% in 2024.
- Over 5 years, Non-Current Debt stood at $239.9 million in 2022, then plunged by 45.5% to $130.8 million in 2023, then soared by 44.08% to $188.4 million in 2024, then retreated by 27.85% to $135.9 million in 2025, then rose by 5.72% to $143.7 million in 2026.
- According to Business Quant data, Non-Current Debt over the past three periods registered $143.7 million, $153.7 million, and $135.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 31.37 Bn | 30.13 Bn | 1.40 Bn | 401.90 Mn |
| 2 | Nov | 7.64 Bn | 6.53 Bn | 521.00 Mn | 1.69 Bn |
| 3 | Cactus | 4.89 Bn | 4.76 Bn | 215.38 Mn | - |
| 4 | Enerflex | 2.71 Bn | 2.63 Bn | 139.00 Mn | 529.00 Mn |
| 5 | Innovex International | 2.07 Bn | 1.85 Bn | 83.65 Mn | 19.04 Mn |
| 6 | Flowco Holdings | 1.91 Bn | 2.90 Bn | 49.17 Mn | 298.41 Mn |
| 7 | Forum Energy Technologies | 901.05 Mn | 867.34 Mn | 71.35 Mn | 143.71 Mn |
| 8 | Oil States International | 528.60 Mn | 508.80 Mn | 38.71 Mn | 17.78 Mn |
| 9 | OMS Energy Technologies | 202.90 Mn | 56.69 Mn | - | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | 5.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 143.71 Mn |
| Mar 31, 2026 | 153.72 Mn |
| Dec 31, 2025 | 135.93 Mn |
| Sep 30, 2025 | 139.99 Mn |
| Jun 30, 2025 | 159.33 Mn |
| Mar 31, 2025 | 171.38 Mn |
| Dec 31, 2024 | 188.39 Mn |
| Sep 30, 2024 | 231.54 Mn |
| Jun 30, 2024 | 252.87 Mn |
| Mar 31, 2024 | 287.45 Mn |
| Dec 31, 2023 | 130.75 Mn |
| Sep 30, 2023 | 129.61 Mn |
| Jun 30, 2023 | 138.88 Mn |
| Mar 31, 2023 | 152.99 Mn |
| Dec 31, 2022 | 239.91 Mn |
| Sep 30, 2022 | 248.01 Mn |
| Jun 30, 2022 | 269.54 Mn |
| Mar 31, 2022 | 234.49 Mn |
| Dec 31, 2021 | 233.23 Mn |
| Sep 30, 2021 | 231.13 Mn |