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
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 3.77 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