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Side-by-side financial comparison of Climb Global Solutions, Inc. (CLMB) and FORUM ENERGY TECHNOLOGIES, INC. (FET). Click either name above to swap in a different company.

FORUM ENERGY TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($202.2M vs $182.4M, roughly 1.1× Climb Global Solutions, Inc.). Climb Global Solutions, Inc. runs the higher net margin — 1.8% vs 1.0%, a 0.8% gap on every dollar of revenue. On growth, Climb Global Solutions, Inc. posted the faster year-over-year revenue change (32.1% vs 0.6%). Over the past eight quarters, Climb Global Solutions, Inc.'s revenue compounded faster (40.7% CAGR vs -0.0%).

Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.

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

CLMB vs FET — Head-to-Head

Bigger by revenue
FET
FET
1.1× larger
FET
$202.2M
$182.4M
CLMB
Growing faster (revenue YoY)
CLMB
CLMB
+31.5% gap
CLMB
32.1%
0.6%
FET
Higher net margin
CLMB
CLMB
0.8% more per $
CLMB
1.8%
1.0%
FET
Faster 2-yr revenue CAGR
CLMB
CLMB
Annualised
CLMB
40.7%
-0.0%
FET

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CLMB
CLMB
FET
FET
Revenue
$182.4M
$202.2M
Net Profit
$3.3M
$2.1M
Gross Margin
14.5%
30.2%
Operating Margin
2.1%
6.3%
Net Margin
1.8%
1.0%
Revenue YoY
32.1%
0.6%
Net Profit YoY
-9.5%
102.0%
EPS (diluted)
$0.18
$0.25

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
CLMB
CLMB
FET
FET
Q1 26
$182.4M
Q4 25
$193.8M
$202.2M
Q3 25
$161.3M
$196.2M
Q2 25
$159.3M
$199.8M
Q1 25
$138.0M
$193.3M
Q4 24
$161.8M
$201.0M
Q3 24
$119.3M
$207.8M
Q2 24
$92.1M
$205.2M
Net Profit
CLMB
CLMB
FET
FET
Q1 26
$3.3M
Q4 25
$7.0M
$2.1M
Q3 25
$4.7M
$-20.6M
Q2 25
$6.0M
$7.7M
Q1 25
$3.7M
$1.1M
Q4 24
$7.0M
$-103.5M
Q3 24
$5.5M
$-14.8M
Q2 24
$3.4M
$-6.7M
Gross Margin
CLMB
CLMB
FET
FET
Q1 26
14.5%
Q4 25
15.4%
30.2%
Q3 25
15.9%
20.5%
Q2 25
16.5%
29.7%
Q1 25
16.9%
30.2%
Q4 24
19.3%
31.1%
Q3 24
20.3%
31.6%
Q2 24
20.2%
30.7%
Operating Margin
CLMB
CLMB
FET
FET
Q1 26
2.1%
Q4 25
4.9%
6.3%
Q3 25
4.3%
-3.1%
Q2 25
5.0%
7.4%
Q1 25
3.5%
4.6%
Q4 24
7.2%
-53.1%
Q3 24
7.1%
4.3%
Q2 24
4.6%
3.9%
Net Margin
CLMB
CLMB
FET
FET
Q1 26
1.8%
Q4 25
3.6%
1.0%
Q3 25
2.9%
-10.5%
Q2 25
3.7%
3.9%
Q1 25
2.7%
0.6%
Q4 24
4.3%
-51.5%
Q3 24
4.6%
-7.1%
Q2 24
3.7%
-3.3%
EPS (diluted)
CLMB
CLMB
FET
FET
Q1 26
$0.18
Q4 25
$1.51
$0.25
Q3 25
$1.02
$-1.76
Q2 25
$1.30
$0.61
Q1 25
$0.81
$0.09
Q4 24
$1.52
$-8.41
Q3 24
$1.19
$-1.20
Q2 24
$0.75
$-0.54

Balance Sheet & Financial Strength

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

Metric
CLMB
CLMB
FET
FET
Cash + ST InvestmentsLiquidity on hand
$41.8M
$34.7M
Total DebtLower is stronger
$135.9M
Stockholders' EquityBook value
$118.4M
$291.1M
Total Assets
$458.8M
$752.5M
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLMB
CLMB
FET
FET
Q1 26
$41.8M
Q4 25
$36.6M
$34.7M
Q3 25
$49.8M
$31.7M
Q2 25
$28.6M
$39.0M
Q1 25
$32.5M
$31.1M
Q4 24
$29.8M
$44.7M
Q3 24
$22.1M
$33.3M
Q2 24
$48.4M
$31.8M
Total Debt
CLMB
CLMB
FET
FET
Q1 26
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
CLMB
CLMB
FET
FET
Q1 26
$118.4M
Q4 25
$116.6M
$291.1M
Q3 25
$109.3M
$297.3M
Q2 25
$105.2M
$334.2M
Q1 25
$95.6M
$320.0M
Q4 24
$90.6M
$319.9M
Q3 24
$87.7M
$443.5M
Q2 24
$79.8M
$442.0M
Total Assets
CLMB
CLMB
FET
FET
Q1 26
$458.8M
Q4 25
$460.2M
$752.5M
Q3 25
$376.1M
$770.1M
Q2 25
$420.7M
$810.1M
Q1 25
$370.1M
$790.1M
Q4 24
$469.2M
$816.0M
Q3 24
$371.9M
$973.7M
Q2 24
$302.8M
$976.8M
Debt / Equity
CLMB
CLMB
FET
FET
Q1 26
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
CLMB
CLMB
FET
FET
Operating Cash FlowLast quarter
$22.4M
Free Cash FlowOCF − Capex
$20.9M
FCF MarginFCF / Revenue
10.3%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
10.83×
TTM Free Cash FlowTrailing 4 quarters
$64.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLMB
CLMB
FET
FET
Q1 26
Q4 25
$-11.9M
$22.4M
Q3 25
$22.2M
$22.9M
Q2 25
$-2.2M
$15.8M
Q1 25
$8.5M
$9.3M
Q4 24
$16.0M
$38.5M
Q3 24
$-3.6M
$25.6M
Q2 24
$7.3M
$23.1M
Free Cash Flow
CLMB
CLMB
FET
FET
Q1 26
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
CLMB
CLMB
FET
FET
Q1 26
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
CLMB
CLMB
FET
FET
Q1 26
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
CLMB
CLMB
FET
FET
Q1 26
Q4 25
-1.70×
10.83×
Q3 25
4.73×
Q2 25
-0.37×
2.05×
Q1 25
2.30×
8.31×
Q4 24
2.29×
Q3 24
-0.66×
Q2 24
2.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLMB
CLMB

Segment breakdown not available.

FET
FET

Drilling And Completions Segment$127.2M63%
Artificial Lift And Downhole Segment$75.5M37%

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