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
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