Forum Energy Technologies (FET) Tax Provisions (2011 - 2026)
Forum Energy Technologies' (FET) quarterly Tax Provisions came in at $3.6 million in Q2 2026, down 42.08% on a YoY basis from $6.2 million in Q2 2025, and up 24.21% quarter-over-quarter from $2.9 million in Q1 2026.
Analysis
Forum Energy Technologies (FET) Tax Provisions (2011 - 2026) Analysis & Trends
Forum Energy Technologies (FET) has reported Tax Provisions for 16 consecutive years, with $3.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions fell 42.08% year-over-year to $3.6 million; the trailing twelve-month figure through Jun 2026 stood at $22.7 million (up 108.92% YoY), and the FY2025 full-year result was $26.2 million, up 280.39% from the prior year.
- Tax Provisions rose to $3.6 million in Q2 2026 per FET's latest filing, from $2.9 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.
- Historically, Tax Provisions has averaged $3.2 million across 5 years, with a median of $2.9 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions slumped 176.94% in 2024, then jumped 264.31% in 2025.
- Over 5 years, Tax Provisions stood at $1.7 million in 2022, then jumped by 186.34% to $4.9 million in 2023, then plunged by 176.94% to -$3.7 million in 2024, then surged by 264.31% to $6.1 million in 2025, then slumped by 41.4% to $3.6 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $3.6 million, $2.9 million, and $6.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 29.94 Bn | 28.70 Bn | 1.40 Bn | 114.10 Mn |
| 2 | Nov | 7.66 Bn | 6.49 Bn | 521.00 Mn | 41.00 Mn |
| 3 | Cactus | 4.76 Bn | 4.40 Bn | 215.38 Mn | 23.15 Mn |
| 4 | Enerflex | 2.74 Bn | 2.67 Bn | 139.00 Mn | 15.00 Mn |
| 5 | Innovex International | 2.04 Bn | 1.82 Bn | 83.65 Mn | 10.38 Mn |
| 6 | Forum Energy Technologies | 912.23 Mn | 878.52 Mn | 71.35 Mn | 3.60 Mn |
| 7 | Flowco Holdings | 871.30 Mn | 871.30 Mn | 49.17 Mn | 4.65 Mn |
| 8 | Oil States International | 502.04 Mn | 482.24 Mn | 38.71 Mn | 2.01 Mn |
| 9 | OMS Energy Technologies | 186.07 Mn | 32.11 Mn | - | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | -1.37 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 |