FET · NYSE · Oil & Gas Equipment & Services

Forum Energy Technologies (FET)

Manufactures drilling, completion, artificial-lift, and downhole equipment for energy operators.

$81.60
vs last close+0.74 (+0.92%)

In millions of USD, except per-share figures

In millionsQ3 FY23Sep 2023Q4 FY23Dec 2023Q1 FY24Mar 2024Q2 FY24Jun 2024Q3 FY24Sep 2024Q4 FY24Dec 2024Q1 FY25Mar 2025Q2 FY25Jun 2025Q3 FY25Sep 2025Q4 FY25Dec 2025Q1 FY26Mar 2026Q2 FY26Jun 2026
Revenue179185202205208201193200196202209226
Cost of revenue128136139142142139135140156141148155
Gross profit515064636662585940616171
4545615557169504546595051
Selling, general & administrative454555545655495150495050
Other expenses006101150−7−41001
Operating income65389−107915−621121
4−17−10−12−190−4−1−47−4−4
Interest expense559986554444
Other non-operating income−8121311−6−1−40−11−10
Income before tax9−12−7−4−10−107514−108716
Income tax expense15435−44610634
Net income from continuing operations8−17−10−7−15−10418−212412
Net income8−17−10−7−15−10418−212412
EPS, basic$0.78−$1.65−$0.85−$0.54−$1.20−$8.41$0.09$0.62−$1.68$0.18$0.40$1.10
EPS, diluted$0.77−$1.65−$0.85−$0.54−$1.20−$8.41$0.09$0.61−$1.67$0.17$0.39$1.05
Weighted average shares, basic101012121212121212111111
Weighted average shares, diluted101012121212131312121212
EBITDA231161811−8919282301928
Depreciation & amortization99141414129981888
EBIT14−724−3−1011019−6131220