Forum Energy Technologies (FET) Tax Provisions (2011 - 2026)

Forum Energy Technologies (FET) posted Tax Provisions of $2.9 million for Q1 2026, down 53.13% on a QoQ basis from $6.2 million in Q4 2025, and down 23.68% year-over-year from $3.8 million in Q1 2025.

Forum Energy Technologies (FET) Tax Provisions (2011 - 2026) Analysis & Trends

Forum Energy Technologies' Tax Provisions history runs 16 years deep, the most recent figure standing at $2.9 million for Q1 2026.

  • Quarterly Tax Provisions fell 23.68% year-over-year to $2.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $25.4 million (up 253.97% YoY) and the FY2025 annual result came in at $26.2 million, up 280.39% from the prior year.
  • Tax Provisions was $2.9 million for Q1 2026 at Forum Energy Technologies, down from $6.2 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $10.1 million in Q3 2025 and bottomed at -$3.7 million in Q4 2024.
  • A 5-year average of $3.2 million and a median of $2.8 million in 2023 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2024 — Tax Provisions plunged 176.22% — and 2025, when it soared 265.38%.
  • Forum Energy Technologies' Tax Provisions stood at $1.7 million in 2022, then jumped by 182.56% to $4.9 million in 2023, then plunged by 176.22% to -$3.7 million in 2024, then surged by 265.38% to $6.2 million in 2025, then tumbled by 53.13% to $2.9 million in 2026.
  • Business Quant data shows FET's Tax Provisions at $2.9 million in Q1 2026, $6.2 million in Q4 2025, and $10.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 195.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 95.90 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 105.00 Mn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 15.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 33.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 23.40 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 18.72 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 2.76 Mn
10 Forum Energy Technologies 643.80 Mn 606.31 Mn 60.99 Mn 2.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.90 Mn
Dec 31, 2025 6.19 Mn
Sep 30, 2025 10.07 Mn
Jun 30, 2025 6.22 Mn
Mar 31, 2025 3.80 Mn
Dec 31, 2024 -3.74 Mn
Sep 30, 2024 4.61 Mn
Jun 30, 2024 2.50 Mn
Mar 31, 2024 3.50 Mn
Dec 31, 2023 4.91 Mn
Sep 30, 2023 1.48 Mn
Jun 30, 2023 1.86 Mn
Mar 31, 2023 2.82 Mn
Dec 31, 2022 1.74 Mn
Sep 30, 2022 1.37 Mn
Jun 30, 2022 1.72 Mn
Mar 31, 2022 1.85 Mn
Dec 31, 2021 -3.16 Mn
Sep 30, 2021 849,000.00
Jun 30, 2021 1.19 Mn