Forum Energy Technologies (FET) Operating Income (2011 - 2026)
Forum Energy Technologies (FET) reported Operating Income of $11.0 million for Q1 2026, up 25.0% on a YoY basis from $8.8 million in Q1 2025, and down 13.78% quarter-over-quarter from $12.8 million in Q4 2025.
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 $11.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income rose 25.0% year-over-year to $11.0 million; the trailing twelve-month figure through Mar 2026 stood at $32.3 million (up 139.85% YoY), and the FY2025 full-year result was $30.1 million, up 134.74% from the prior year.
- Operating Income for Q1 2026 stood at $11.0 million, down from $12.8 million in the prior quarter.
- The five-year high for Operating Income was $14.7 million in Q2 2025, with the low at -$106.8 million in Q4 2024.
- Historically, Operating Income has averaged -$445588.2 across 5 years, with a median of $6.9 million in 2023.
- Annual changes were most pronounced in 2023 — Operating Income jumped 220.02% — and 2024, when it plunged 6077.45%.
- Forum Energy Technologies' Operating Income stood at $9.3 million in 2022, then tumbled by 80.88% to $1.8 million in 2023, then sank by 6077.45% to -$106.8 million in 2024, then soared by 111.95% to $12.8 million in 2025, then declined by 13.78% to $11.0 million in 2026.
- The last three Operating Income figures came in at $11.0 million (Q1 2026), $12.8 million (Q4 2025), and -$6.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 4.41 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 782.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 679.00 Mn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 361.80 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -147.72 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 47.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 123.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 201.60 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 106.81 Mn |
| 10 | Forum Energy Technologies | 565.30 Mn | 527.81 Mn | 60.99 Mn | 11.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -9.62 Mn |