Forum Energy Technologies (FET) Operating Income (2011 - 2026)
Forum Energy Technologies (FET) reported Operating Income of $19.96 million for Q3 2026, compared with -$6.11 million a year earlier and down 2.7% from the prior quarter.
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Analysis
Forum Energy Technologies (FET) Operating Income (2011 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Forum Energy Technologies' Operating Income came in at $64.24 million; for FY2025, it was $30.15 million.
- By year, Operating Income came in at -$86.77 million in FY2024, $20.72 million in FY2023 (+19.6%), $17.33 million in FY2022 and -$44.49 million in FY2021.
- Five-year quarterly Operating Income spans a low of -$106.82 million in Q4 2024 and a high of $20.51 million in Q2 2026.
- The high point for year-over-year Operating Income in five years was Q1 2025 (growth of 175.1%); the low point was Q4 2023 (a decline of 80.9%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $20.51 million (Q2 2026), $11.01 million (Q1 2026) and $12.76 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn | 1.14 Bn |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn | 1.50 Bn |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn | 624.00 Mn |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn | 526.60 Mn |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn | 60.08 Mn |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn | 142.00 Mn |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn | 153.00 Mn |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn | 143.00 Mn |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn | 81.30 Mn |
| 10 | Forum Energy Technologies | 827.87 Mn | 686.84 Mn | 74.41 Mn | 19.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.96 Mn |
| Jun 30, 2026 | 20.51 Mn |
| Mar 31, 2026 | 11.01 Mn |
| Dec 31, 2025 | 12.76 Mn |
| Sep 30, 2025 | -6.11 Mn |
| Jun 30, 2025 | 14.68 Mn |
| Mar 31, 2025 | 8.80 Mn |
| Dec 31, 2024 | -106.82 Mn |
| Sep 30, 2024 | 8.92 Mn |
| Jun 30, 2024 | 7.93 Mn |
| Mar 31, 2024 | 3.20 Mn |
| Dec 31, 2023 | 1.79 Mn |
| Sep 30, 2023 | 5.67 Mn |
| Jun 30, 2023 | 6.41 Mn |
| Mar 31, 2023 | 6.85 Mn |
| Dec 31, 2022 | 9.35 Mn |
| Sep 30, 2022 | 7.70 Mn |
| Jun 30, 2022 | 5.98 Mn |
| Mar 31, 2022 | -5.71 Mn |
| Dec 31, 2021 | -13.12 Mn |
API Access
Forum Energy Technologies Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=FET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "FET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=FET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();