Forum Energy Technologies (FET) Operating Leases (2019 - 2026)
Forum Energy Technologies' (FET) quarterly Operating Leases came in at $83.8 million in Q2 2026, up 4.47% on a YoY basis from $80.2 million in Q2 2025, and down 3.09% quarter-over-quarter from $86.5 million in Q1 2026.
Analysis
Forum Energy Technologies (FET) Operating Leases (2019 - 2026) Analysis & Trends
Forum Energy Technologies (FET) has reported Operating Leases for 8 consecutive years, with $83.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases rose 4.47% year-over-year to $83.8 million; the trailing twelve-month figure through Jun 2026 stood at $83.8 million (up 4.47% YoY), and the FY2025 full-year result was $84.0 million, up 14.78% from the prior year.
- Operating Leases declined to $83.8 million in Q2 2026 per FET's latest filing, from $86.5 million in the prior quarter.
- Across five years, Operating Leases topped out at $86.5 million in Q1 2026 and bottomed at $28.0 million in Q3 2022.
- Historically, Operating Leases has averaged $63.7 million across 5 years, with a median of $63.8 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Leases fell 23.22% in 2022, then jumped 123.26% in 2023.
- Over 5 years, Operating Leases stood at $64.6 million in 2022, then decreased by 4.91% to $61.4 million in 2023, then gained by 19.03% to $73.1 million in 2024, then gained by 14.78% to $84.0 million in 2025, then decreased by 0.18% to $83.8 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $83.8 million, $86.5 million, and $84.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | TechnipFMC | 30.01 Bn | 28.77 Bn | 1.40 Bn |
| 2 | Nov | 7.67 Bn | 6.50 Bn | 521.00 Mn |
| 3 | Cactus | 4.74 Bn | 4.38 Bn | 215.38 Mn |
| 4 | Enerflex | 2.74 Bn | 2.66 Bn | 139.00 Mn |
| 5 | Innovex International | 2.03 Bn | 1.80 Bn | 83.65 Mn |
| 6 | Forum Energy Technologies | 923.63 Mn | 889.92 Mn | 71.35 Mn |
| 7 | Flowco Holdings | 869.58 Mn | 869.58 Mn | 49.17 Mn |
| 8 | Oil States International | 504.09 Mn | 484.29 Mn | 38.71 Mn |
| 9 | OMS Energy Technologies | 195.10 Mn | 41.14 Mn | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.80 Mn |
| Mar 31, 2026 | 86.48 Mn |
| Dec 31, 2025 | 83.96 Mn |
| Sep 30, 2025 | 85.18 Mn |
| Jun 30, 2025 | 80.22 Mn |
| Mar 31, 2025 | 70.73 Mn |
| Dec 31, 2024 | 73.15 Mn |
| Sep 30, 2024 | 57.91 Mn |
| Jun 30, 2024 | 57.52 Mn |
| Mar 31, 2024 | 59.90 Mn |
| Dec 31, 2023 | 61.45 Mn |
| Sep 30, 2023 | 62.57 Mn |
| Jun 30, 2023 | 63.27 Mn |
| Mar 31, 2023 | 64.30 Mn |
| Dec 31, 2022 | 64.63 Mn |
| Sep 30, 2022 | 28.03 Mn |
| Jun 30, 2022 | 30.28 Mn |
| Mar 31, 2022 | 32.76 Mn |
| Dec 31, 2021 | 34.75 Mn |
| Sep 30, 2021 | 36.44 Mn |