Forum Energy Technologies (FET) Operating Income (2011 - 2026)
Forum Energy Technologies (FET) posted quarterly Operating Income of $20.5 million for Q2 2026, up 39.66% year-over-year from $14.7 million in Q2 2025, and up 86.34% on a QoQ basis from $11.0 million in Q1 2026.
Forum Energy Technologies (FET) Operating Income (2011 - 2026) Analysis & Trends
Forum Energy Technologies has reported Operating Income for 16 years, with the latest figure at $20.5 million in Q2 2026.
- Operating Income for Q2 2026 came in at $20.5 million, up 39.66% year-over-year; the trailing twelve-month figure through Jun 2026 was $38.2 million (up 151.29% YoY), and the FY2025 annual result was $30.1 million, up 134.74% from the prior year.
- Operating Income improved to $20.5 million in Q2 2026, from $11.0 million in the prior quarter.
- Over five years, Operating Income peaked at $20.5 million in Q2 2026 and troughed at -$106.8 million in Q4 2024.
- A 5-year average of $718444.4 and a median of $7.3 million in 2022 frame the typical range for Operating Income.
- The widest annual swing landed in 2023, when Operating Income jumped 220.02%; it then tumbled 6077.45% in 2024.
- A 5-year view of Operating Income shows it stood at $9.3 million in 2022, then sank by 80.88% to $1.8 million in 2023, then tumbled by 6077.45% to -$106.8 million in 2024, then soared by 111.95% to $12.8 million in 2025, then surged by 60.66% to $20.5 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $20.5 million in Q2 2026, $11.0 million in Q1 2026, and $12.8 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 4.31 Bn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 859.00 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 | -879.60 Mn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 778.00 Mn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 262.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 107.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 124.24 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 204.54 Mn |
| 10 | Forum Energy Technologies | 876.56 Mn | 842.84 Mn | 71.35 Mn | 20.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | -7.38 Mn |