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| 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 | 3.80 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 |