FORUM ENERGY TECHNOLOGIES, INC.FETEarnings & Financial Report
NYSE · list of oilfield service companies
Forum Energy Technologies is an American oilfield products company that provides products and services to the oil and gas, and renewable industries worldwide.
NextMar 19, 2026
FET Q3 2025 Key Financial Metrics
Revenue
$196.2M
Gross Profit
$40.2M
Operating Profit
$-6.1M
Net Profit
$-20.6M
Gross Margin
20.5%
Operating Margin
-3.1%
Net Margin
-10.5%
YoY Growth
-5.6%
EPS
$-1.76
Financial Flow
FORUM ENERGY TECHNOLOGIES, INC. Q3 2025 Financial Summary
FORUM ENERGY TECHNOLOGIES, INC. reported revenue of $196.2M for Q3 2025, with a net profit of $-20.6M (-10.5% margin). Cost of goods sold was $156.0M, operating expenses totaled $46.3M.
Key Financial Metrics
| Total Revenue | $196.2M |
|---|---|
| Net Profit | $-20.6M |
| Gross Margin | 20.5% |
| Operating Margin | -3.1% |
| Report Period | Q3 2025 |
FORUM ENERGY TECHNOLOGIES, INC. Annual Revenue by Year
FORUM ENERGY TECHNOLOGIES, INC. annual revenue history includes year-by-year totals (for example, 2024 revenue was $816.4M).
| Year | Annual Revenue |
|---|---|
| 2024 | $816.4M |
| 2023 | $738.9M |
| 2022 | $699.9M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $185.2M | $202.4M | $205.2M | $207.8M | $201.0M | $193.3M | $199.8M | $196.2M |
| YoY Growth | -2.9% | 7.1% | 10.7% | 15.9% | 8.5% | -4.5% | -2.7% | -5.6% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $821.1M | $1.02B | $976.8M | $973.7M | $816.0M | $790.1M | $810.1M | $770.1M |
| Liabilities | $408.4M | $575.2M | $534.8M | $530.2M | $496.1M | $470.1M | $475.9M | $472.8M |
| Equity | $412.6M | $446.2M | $442.0M | $443.5M | $319.9M | $320.0M | $334.2M | $297.3M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $11.3M | $5.0M | $23.1M | $25.6M | $38.5M | $9.3M | $15.8M | $22.9M |
