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| Date | Value |
|---|---|
| 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 |