Forum Energy Technologies (FET) Tax Provisions (2011 - 2026)
Forum Energy Technologies (FET) reported Tax Provisions of $2.9 million for Q1 2026, down 23.02% on a YoY basis from $3.8 million in Q1 2025, and down 53.13% quarter-over-quarter from $6.2 million in Q4 2025.
Forum Energy Technologies (FET) Tax Provisions (2011 - 2026) Analysis & Trends
Forum Energy Technologies has reported Tax Provisions for 16 years, with the latest figure at $2.9 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 23.02% year-over-year to $2.9 million; the trailing twelve-month figure through Mar 2026 stood at $25.4 million (up 256.06% YoY), and the FY2025 full-year result was $26.2 million, up 280.39% from the prior year.
- Tax Provisions for Q1 2026 stood at $2.9 million, down from $6.2 million in the prior quarter.
- The five-year high for Tax Provisions was $10.1 million in Q3 2025, with the low at -$3.7 million in Q4 2024.
- Historically, Tax Provisions has averaged $3.2 million across 5 years, with a median of $2.8 million in 2023.
- Annual changes were most pronounced in 2024 — Tax Provisions sank 176.22% — and 2025, when it soared 265.38%.
- Forum Energy Technologies' Tax Provisions stood at $1.7 million in 2022, then surged by 182.56% to $4.9 million in 2023, then slumped by 176.22% to -$3.7 million in 2024, then soared by 265.38% to $6.2 million in 2025, then sank by 53.13% to $2.9 million in 2026.
- The last three Tax Provisions figures came in at $2.9 million (Q1 2026), $6.2 million (Q4 2025), and $10.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 195.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 336.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 105.00 Mn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 95.90 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 41.00 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 15.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | -4.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 23.40 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 2.76 Mn |
| 10 | Forum Energy Technologies | 565.30 Mn | 527.81 Mn | 60.99 Mn | 2.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 3.77 Mn |
| Dec 31, 2024 | -3.74 Mn |
| Sep 30, 2024 | 4.60 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 | 1.90 Mn |
| Mar 31, 2023 | 2.80 Mn |
| Dec 31, 2022 | 1.74 Mn |
| Sep 30, 2022 | 1.40 Mn |
| Jun 30, 2022 | 1.72 Mn |
| Mar 31, 2022 | 1.85 Mn |
| Dec 31, 2021 | -3.11 Mn |
| Sep 30, 2021 | 849,000.00 |
| Jun 30, 2021 | 1.19 Mn |