Forum Energy Technologies (FET) Operating Expenses (2011 - 2026)
Forum Energy Technologies (FET) reported Operating Expenses of $50.0 million for Q1 2026, up 0.87% on a YoY basis from $49.6 million in Q1 2025, and up 3.45% quarter-over-quarter from $48.3 million in Q4 2025.
Forum Energy Technologies (FET) Operating Expenses (2011 - 2026) Analysis & Trends
Forum Energy Technologies has reported Operating Expenses for 16 years, with the latest figure at $50.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 0.87% year-over-year to $50.0 million; the trailing twelve-month figure through Mar 2026 stood at $189.3 million (down 42.77% YoY), and the FY2025 full-year result was $188.9 million, down 44.74% from the prior year.
- Operating Expenses for Q1 2026 stood at $50.0 million, up from $48.3 million in the prior quarter.
- The five-year high for Operating Expenses was $169.3 million in Q4 2024, with the low at $40.6 million in Q4 2022.
- Historically, Operating Expenses has averaged $55.0 million across 5 years, with a median of $46.3 million in 2025.
- Annual changes were most pronounced in 2024 — Operating Expenses jumped 253.14% — and 2025, when it tumbled 71.46%.
- Forum Energy Technologies' Operating Expenses stood at $40.6 million in 2022, then increased by 18.0% to $47.9 million in 2023, then jumped by 253.14% to $169.3 million in 2024, then plunged by 71.46% to $48.3 million in 2025, then increased by 3.45% to $50.0 million in 2026.
- The last three Operating Expenses figures came in at $50.0 million (Q1 2026), $48.3 million (Q4 2025), and $46.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 261.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 732.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 4.72 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 2.14 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -76.01 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 9.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 1.03 Bn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 45.83 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 238.95 Mn |
| 10 | Forum Energy Technologies | 565.30 Mn | 527.81 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 |