Forum Energy Technologies (FET) Tax Provisions (2011 - 2026)
Forum Energy Technologies (FET) recorded Tax Provisions of $3.6 million in Q2 2026, down 42.1% from $6.22 million a year earlier but up 24.2% from the prior quarter.
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Analysis
Forum Energy Technologies (FET) Tax Provisions (2011 - 2026) Analysis & Trends
On a TTM basis, Forum Energy Technologies' Tax Provisions came in at $22.75 million as of Jun 30, 2026, up 108.9% year-over-year; for FY2025, it came in at $26.25 million, up 280.4% from FY2024.
- Across earlier years, Tax Provisions came in at $6.9 million in FY2024 (-37.6%), $11.06 million in FY2023 (+66.7%), $6.64 million in FY2022 (+933.8%) and $642,000 in FY2021.
- Quarterly Tax Provisions has ranged from -$3.74 million in Q4 2024 to $10.1 million in Q3 2025 over the past five years.
- On a year-over-year basis, Tax Provisions rose in four of the last six quarters, with growth averaging 69.5%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 207.4% in Q3 2024, against a decline of 42.1% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.9 million (Q1 2026), $6.15 million (Q4 2025) and $10.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 204.00 Mn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 210.00 Mn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 114.10 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 126.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 41.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 16.29 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 14.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 33.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 33.60 Mn |
| 10 | Forum Energy Technologies | 910.50 Mn | 772.94 Mn | 71.35 Mn | 3.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.60 Mn |
| Mar 31, 2026 | 2.90 Mn |
| Dec 31, 2025 | 6.15 Mn |
| Sep 30, 2025 | 10.10 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 | 3.53 Mn |
| Dec 31, 2023 | 4.86 Mn |
| Sep 30, 2023 | 1.50 Mn |
| Jun 30, 2023 | 1.90 Mn |
| Mar 31, 2023 | 2.82 Mn |
| Dec 31, 2022 | 1.70 Mn |
| Sep 30, 2022 | 1.40 Mn |
| Jun 30, 2022 | 1.72 Mn |
| Mar 31, 2022 | 1.90 Mn |
| Dec 31, 2021 | -3.16 Mn |
| Sep 30, 2021 | 849,000.00 |
API Access
Forum Energy Technologies Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=FET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "FET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=FET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();