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Side-by-side financial comparison of ASIA PACIFIC WIRE & CABLE CORP LTD (APWC) and FORUM ENERGY TECHNOLOGIES, INC. (FET). Click either name above to swap in a different company.

ASIA PACIFIC WIRE & CABLE CORP LTD is the larger business by last-quarter revenue ($225.3M vs $208.7M, roughly 1.1× FORUM ENERGY TECHNOLOGIES, INC.).

Disney Networks Group Asia Pacific was a Hong Kong–based commercial broadcasting company operating multiple specialty television channels. The company was founded in 1991 by Hong Kong - Canadian businessman Richard Li.

Forum Energy Technologies is an American oilfield products company that provides products and services to the oil and gas, and renewable industries worldwide.

APWC vs FET — Head-to-Head

Bigger by revenue
APWC
APWC
1.1× larger
APWC
$225.3M
$208.7M
FET

Income Statement — Q2 FY2022 vs Q1 FY2026

Metric
APWC
APWC
FET
FET
Revenue
$225.3M
$208.7M
Net Profit
$4.5M
Gross Margin
7.9%
29.2%
Operating Margin
2.2%
5.3%
Net Margin
2.2%
Revenue YoY
3.2%
Net Profit YoY
300.4%
EPS (diluted)
$0.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APWC
APWC
FET
FET
Q1 26
$208.7M
Q4 25
$202.2M
Q3 25
$196.2M
Q2 25
$199.8M
Q1 25
$193.3M
Q4 24
$201.0M
Q3 24
$207.8M
Q2 24
$205.2M
Net Profit
APWC
APWC
FET
FET
Q1 26
$4.5M
Q4 25
$2.1M
Q3 25
$-20.6M
Q2 25
$7.7M
Q1 25
$1.1M
Q4 24
$-103.5M
Q3 24
$-14.8M
Q2 24
$-6.7M
Gross Margin
APWC
APWC
FET
FET
Q1 26
29.2%
Q4 25
30.2%
Q3 25
20.5%
Q2 25
29.7%
Q1 25
30.2%
Q4 24
31.1%
Q3 24
31.6%
Q2 24
30.7%
Operating Margin
APWC
APWC
FET
FET
Q1 26
5.3%
Q4 25
6.3%
Q3 25
-3.1%
Q2 25
7.4%
Q1 25
4.6%
Q4 24
-53.1%
Q3 24
4.3%
Q2 24
3.9%
Net Margin
APWC
APWC
FET
FET
Q1 26
2.2%
Q4 25
1.0%
Q3 25
-10.5%
Q2 25
3.9%
Q1 25
0.6%
Q4 24
-51.5%
Q3 24
-7.1%
Q2 24
-3.3%
EPS (diluted)
APWC
APWC
FET
FET
Q1 26
$0.39
Q4 25
$0.25
Q3 25
$-1.76
Q2 25
$0.61
Q1 25
$0.09
Q4 24
$-8.41
Q3 24
$-1.20
Q2 24
$-0.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APWC
APWC
FET
FET
Cash + ST InvestmentsLiquidity on hand
$37.5M
Total DebtLower is stronger
$153.7M
Stockholders' EquityBook value
$280.7M
Total Assets
$763.1M
Debt / EquityLower = less leverage
0.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APWC
APWC
FET
FET
Q1 26
$37.5M
Q4 25
$34.7M
Q3 25
$31.7M
Q2 25
$39.0M
Q1 25
$31.1M
Q4 24
$44.7M
Q3 24
$33.3M
Q2 24
$31.8M
Total Debt
APWC
APWC
FET
FET
Q1 26
$153.7M
Q4 25
$135.9M
Q3 25
$140.0M
Q2 25
$159.3M
Q1 25
$171.4M
Q4 24
$188.4M
Q3 24
$231.5M
Q2 24
$252.9M
Stockholders' Equity
APWC
APWC
FET
FET
Q1 26
$280.7M
Q4 25
$291.1M
Q3 25
$297.3M
Q2 25
$334.2M
Q1 25
$320.0M
Q4 24
$319.9M
Q3 24
$443.5M
Q2 24
$442.0M
Total Assets
APWC
APWC
FET
FET
Q1 26
$763.1M
Q4 25
$752.5M
Q3 25
$770.1M
Q2 25
$810.1M
Q1 25
$790.1M
Q4 24
$816.0M
Q3 24
$973.7M
Q2 24
$976.8M
Debt / Equity
APWC
APWC
FET
FET
Q1 26
0.55×
Q4 25
0.47×
Q3 25
0.47×
Q2 25
0.48×
Q1 25
0.54×
Q4 24
0.59×
Q3 24
0.52×
Q2 24
0.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APWC
APWC
FET
FET
Operating Cash FlowLast quarter
$1.6M
Free Cash FlowOCF − Capex
$1.4M
FCF MarginFCF / Revenue
0.7%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
0.36×
TTM Free Cash FlowTrailing 4 quarters
$58.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APWC
APWC
FET
FET
Q1 26
$1.6M
Q4 25
$22.4M
Q3 25
$22.9M
Q2 25
$15.8M
Q1 25
$9.3M
Q4 24
$38.5M
Q3 24
$25.6M
Q2 24
$23.1M
Free Cash Flow
APWC
APWC
FET
FET
Q1 26
$1.4M
Q4 25
$20.9M
Q3 25
$21.5M
Q2 25
$14.8M
Q1 25
$7.2M
Q4 24
$36.1M
Q3 24
$24.3M
Q2 24
$21.6M
FCF Margin
APWC
APWC
FET
FET
Q1 26
0.7%
Q4 25
10.3%
Q3 25
10.9%
Q2 25
7.4%
Q1 25
3.7%
Q4 24
18.0%
Q3 24
11.7%
Q2 24
10.5%
Capex Intensity
APWC
APWC
FET
FET
Q1 26
0.1%
Q4 25
0.8%
Q3 25
0.7%
Q2 25
0.5%
Q1 25
1.1%
Q4 24
1.2%
Q3 24
0.6%
Q2 24
0.7%
Cash Conversion
APWC
APWC
FET
FET
Q1 26
0.36×
Q4 25
10.83×
Q3 25
Q2 25
2.05×
Q1 25
8.31×
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APWC
APWC

Segment breakdown not available.

FET
FET

Drilling and Completions$126.7M61%
Downhole$50.6M24%
Production Equipment$18.8M9%
Valve Solutions$12.8M6%

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