Forum Energy Technologies FET
NYSE FET
$80.24 +0.38 (+0.48%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Forum Energy Technologies' (FET) quarterly Operating Expenses came in at $50.8 million in Q2 2026, up 13.82% on a YoY basis from $44.7 million in Q2 2025, and up 1.72% quarter-over-quarter from $50.0 million in Q1 2026.

Analysis

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

Forum Energy Technologies (FET) has reported Operating Expenses for 16 consecutive years, with $50.8 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 13.82% year-over-year to $50.8 million; the trailing twelve-month figure through Jun 2026 stood at $195.5 million (down 38.97% YoY), and the FY2025 full-year result was $188.9 million, down 44.74% from the prior year.
  • Operating Expenses climbed to $50.8 million in Q2 2026 per FET's latest filing, from $50.0 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.
  • Historically, Operating Expenses has averaged $54.8 million across 5 years, with a median of $47.1 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 253.14% in 2024, then plunged 71.46% in 2025.
  • Over 5 years, 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 climbed by 5.23% to $50.8 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $50.8 million, $50.0 million, and $48.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 TechnipFMC 30.87 Bn 29.63 Bn 1.40 Bn 2.28 Bn
2 Nov 7.72 Bn 6.56 Bn 521.00 Mn 1.04 Bn
3 Cactus 4.82 Bn 4.46 Bn 215.38 Mn 365.95 Mn
4 Enerflex 2.77 Bn 2.69 Bn 139.00 Mn 81.00 Mn
5 Innovex International 2.06 Bn 1.83 Bn 83.65 Mn 50.20 Mn
6 Forum Energy Technologies 911.33 Mn 877.61 Mn 71.35 Mn 50.85 Mn
7 Flowco Holdings 898.72 Mn 898.72 Mn 49.17 Mn 79.71 Mn
8 Oil States International 509.94 Mn 490.13 Mn 38.71 Mn 144.95 Mn
9 OMS Energy Technologies 197.41 Mn 43.45 Mn - -
10 NCS Multistage Holdings 140.02 Mn 129.24 Mn 13.95 Mn 19.86 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 50.85 Mn
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