Forum Energy Technologies (FET) Operating Expenses (2011 - 2026)

Forum Energy Technologies (FET) posted Operating Expenses of $50.0 million for Q1 2026, up 3.45% on a QoQ basis from $48.3 million in Q4 2025, and up 0.87% year-over-year from $49.6 million in Q1 2025.

Forum Energy Technologies (FET) Operating Expenses (2011 - 2026) Analysis & Trends

Forum Energy Technologies' Operating Expenses history runs 16 years deep, the most recent figure standing at $50.0 million for Q1 2026.

  • Quarterly Operating Expenses rose 0.87% year-over-year to $50.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $189.3 million (down 42.77% YoY) and the FY2025 annual result came in at $188.9 million, down 44.74% from the prior year.
  • Operating Expenses was $50.0 million for Q1 2026 at Forum Energy Technologies, up from $48.3 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $169.3 million in Q4 2024 and bottomed at $40.6 million in Q4 2022.
  • A 5-year average of $55.0 million and a median of $46.3 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2024 — Operating Expenses jumped 253.14% — and 2025, when it slumped 71.46%.
  • Forum Energy Technologies' Operating Expenses stood at $40.6 million in 2022, then gained by 18.0% to $47.9 million in 2023, then soared by 253.14% to $169.3 million in 2024, then slumped by 71.46% to $48.3 million in 2025, then gained by 3.45% to $50.0 million in 2026.
  • Business Quant data shows FET's Operating Expenses at $50.0 million in Q1 2026, $48.3 million in Q4 2025, and $46.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 261.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -466.59 Mn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 2.14 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 4.72 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 9.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 998.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 45.37 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 69.48 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 238.95 Mn
10 Forum Energy Technologies 643.80 Mn 606.31 Mn 60.99 Mn 49.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 49.99 Mn
Dec 31, 2025 48.32 Mn
Sep 30, 2025 46.34 Mn
Jun 30, 2025 44.67 Mn
Mar 31, 2025 49.56 Mn
Dec 31, 2024 169.28 Mn
Sep 30, 2024 56.82 Mn
Jun 30, 2024 55.14 Mn
Mar 31, 2024 60.56 Mn
Dec 31, 2023 47.94 Mn
Sep 30, 2023 45.35 Mn
Jun 30, 2023 44.90 Mn
Mar 31, 2023 45.25 Mn
Dec 31, 2022 40.62 Mn
Sep 30, 2022 43.66 Mn
Jun 30, 2022 42.59 Mn
Mar 31, 2022 44.33 Mn
Dec 31, 2021 43.20 Mn
Sep 30, 2021 42.24 Mn
Jun 30, 2021 41.82 Mn