FETForum Energy Technologies, Inc.

$46.98+144% 1Y

The financials

Forum Energy Technologies, Inc. by the numbers

Forum Energy Technologies, Inc. (FET) reported revenue of $209M in Q1 2026 (quarter ended Mar 31, 2026), up 8.0% from the same quarter a year earlier. That came with a gross margin of 29% and net income of $4.5M (2.2% of revenue). For the full year FY2025, revenue was $791M (−3.1% year on year) and net income −$9.7M. The next results filing is expected around Oct 30, 2026, the same week as a year ago.

Forum Energy Technologies, Inc. income statement, Q1 2026 against the same quarter a year earlier
Income statementQ1 2026Q1 2025Change
Revenue$209M$193M+8.0%
Gross profit$61M$58M+4.5%
Operating income$11M$8.8M+25%
Net income$4.5M$1.1M+300%
Diluted EPS$0.39$0.09+333%