Forum Energy Technologies (FET) Operating Expenses (2011 - 2026)
Forum Energy Technologies (FET) posted quarterly Operating Expenses of $50.8 million for Q2 2026, up 13.82% year-over-year from $44.7 million in Q2 2025, and up 1.72% on a QoQ basis from $50.0 million in Q1 2026.
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 $50.8 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $50.8 million, up 13.82% year-over-year; the trailing twelve-month figure through Jun 2026 was $195.5 million (down 38.97% YoY), and the FY2025 annual result was $188.9 million, down 44.74% from the prior year.
- Operating Expenses climbed to $50.8 million in Q2 2026, from $50.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $169.3 million in Q4 2024 and troughed at $40.6 million in Q4 2022.
- A 5-year average of $54.8 million and a median of $47.1 million in 2023 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2024, when Operating Expenses jumped 253.14%; it then slumped 71.46% in 2025.
- A 5-year view of Operating Expenses shows it 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 slumped by 71.46% to $48.3 million in 2025, then gained by 5.23% to $50.8 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $50.8 million in Q2 2026, $50.0 million in Q1 2026, and $48.3 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 324.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 723.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -484,107.00 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 2.28 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 4.94 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 1.04 Bn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 998.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 266.88 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 39.97 Mn |
| 10 | Forum Energy Technologies | 876.56 Mn | 842.84 Mn | 71.35 Mn | 50.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |