Forum Energy Technologies (FET) Tax Provisions (2011 - 2026)
Forum Energy Technologies (FET) posted quarterly Tax Provisions of $3.6 million for Q2 2026, down 42.08% year-over-year from $6.2 million in Q2 2025, and up 24.21% on a QoQ basis from $2.9 million in Q1 2026.
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 $3.6 million in Q2 2026.
- Tax Provisions for Q2 2026 came in at $3.6 million, down 42.08% year-over-year; the trailing twelve-month figure through Jun 2026 was $22.7 million (up 108.92% YoY), and the FY2025 annual result was $26.2 million, up 280.39% from the prior year.
- Tax Provisions rose to $3.6 million in Q2 2026, from $2.9 million in the prior quarter.
- Over five years, Tax Provisions peaked at $10.1 million in Q3 2025 and troughed at -$3.7 million in Q4 2024.
- A 5-year average of $3.2 million and a median of $2.9 million in 2023 frame the typical range for Tax Provisions.
- The widest annual swing landed in 2024, when Tax Provisions plunged 176.94%; it then soared 264.31% in 2025.
- A 5-year view of Tax Provisions shows it stood at $1.7 million in 2022, then surged by 186.34% to $4.9 million in 2023, then plunged by 176.94% to -$3.7 million in 2024, then soared by 264.31% to $6.1 million in 2025, then slumped by 41.4% to $3.6 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $3.6 million in Q2 2026, $2.9 million in Q1 2026, and $6.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 204.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 210.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -81,938.00 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 114.10 Mn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 126.00 Mn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 41.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 33.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 21.10 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 25.82 Mn |
| 10 | Forum Energy Technologies | 876.56 Mn | 842.84 Mn | 71.35 Mn | 3.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.60 Mn |
| 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 |