Forum Energy Technologies FET
NYSE FET
$80.73 +0.51 (+0.64%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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