Forum Energy Technologies Financial Statements
NYSE: FETConsumer DiscretionaryOil and Gas Field MachineryUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Forum Energy Technologies revenue and earnings
In fiscal 2025, Forum Energy Technologies generated $791.5 million in revenue, down 3.1% from fiscal 2024, its first annual decline since 2020. Forum Energy Technologies reported a net loss of $9.7 million, compared with a loss of $135.3 million a year earlier. Gross margin was 27.7% (down from 31.2%) and operating margin 3.8%.
Diluted earnings per share came in at -$0.81. Over the last 5 fiscal years, FET's revenue has grown at a 9.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Forum Energy Technologies income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 791.47M | 816.42M | 738.86M | 699.91M | 541.07M | 512.48M | 956.53M | 1.06B | 818.62M | 587.63M |
| Revenue growth (YoY) | -3.06% | +10.50% | +5.57% | +29.36% | +5.58% | -46.42% | -10.12% | +30.00% | +39.31% | -45.27% |
| Cost of Revenue | 572.44M | 561.39M | 534.71M | 511.39M | 417.73M | 523.50M | 711.68M | 807.85M | 629.83M | 487.90M |
| Gross Profit | 219.04M | 255.03M | 204.15M | 188.53M | 123.34M | -11.02M | 244.85M | 256.37M | 188.79M | 99.73M |
| Operating Expenses | 188.89M | 341.80M | 183.44M | 171.20M | 167.83M | 220.60M | 780.68M | 653.51M | 331.38M | 230.51M |
| Selling, General & Admin | 199.91M | 219.32M | 180.39M | 179.47M | 168.89M | 197.68M | 251.74M | 286.98M | 253.71M | 227.01M |
| Operating Income | 30.14M | -86.77M | 20.72M | 17.33M | -44.49M | -231.62M | -536.15M | -397.00M | -141.59M | -128.95M |
| Interest Expense | — | — | — | — | — | — | — | — | 26.81M | 27.41M |
| Other Income (Expense) | -13.56M | -41.66M | -28.53M | -6.98M | -37.52M | 121.85M | -32.73M | 7.24M | 86.32M | -9.05M |
| Pretax Income | 16.59M | -128.43M | -7.81M | 10.35M | -82.01M | -109.77M | -568.87M | -389.75M | -55.28M | -138.00M |
| Income Tax | 26.25M | 6.90M | 11.06M | 6.64M | 642.00K | -12.88M | -1.81M | -15.67M | 4.12M | -56.05M |
| Net Income | -9.66M | -135.33M | -18.88M | 3.71M | -82.65M | -96.89M | -567.06M | -374.08M | -59.40M | -81.98M |
| Net Income growth (YoY) | — | — | -608.51% | — | — | — | — | — | — | — |
| EPS (Basic) | -0.81 | -11.00 | -1.85 | 0.65 | -14.65 | -17.37 | -103.01 | -3.44 | -0.60 | -0.90 |
| EPS (Diluted) | -0.81 | -11.00 | -1.85 | 0.62 | -14.65 | -17.37 | -103.01 | -3.44 | -0.60 | -0.90 |
| Shares Outstanding (Basic) | 11.88M | 12.30M | 10.21M | 5.75M | 5.64M | 5.58M | 5.50M | 108.77M | 98.69M | 91.23M |
| Shares Outstanding (Diluted) | 11.88M | 12.30M | 10.21M | 5.95M | 5.64M | 5.58M | 5.50M | 108.77M | 98.69M | 91.23M |
| EBITDA | 63.90M | -33.05M | 55.44M | 54.30M | -2.32M | -180.62M | -472.90M | -322.49M | -76.47M | -67.19M |
| Gross Margin | 27.67% | 31.24% | 27.63% | 26.94% | 22.80% | -2.15% | 25.60% | 24.09% | 23.06% | 16.97% |
| Operating Margin | 3.81% | -10.63% | 2.80% | 2.48% | -8.22% | -45.20% | -56.05% | -37.30% | -17.30% | -21.94% |
| Net Margin | -122.00% | -16.58% | -2.55% | 53.00% | -15.28% | -18.91% | -59.28% | -35.15% | -7.26% | -13.95% |
This table shows 10 annual periods of Forum Energy Technologies's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow FET's reporting calendar. What is a income statement?