vs
Side-by-side financial comparison of FORUM ENERGY TECHNOLOGIES, INC. (FET) and AMICUS THERAPEUTICS, INC. (FOLD). 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 $185.2M, roughly 1.1× AMICUS THERAPEUTICS, INC.). FORUM ENERGY TECHNOLOGIES, INC. runs the higher net margin — 1.0% vs 0.9%, a 0.1% gap on every dollar of revenue. On growth, AMICUS THERAPEUTICS, INC. posted the faster year-over-year revenue change (23.7% vs 0.6%). FORUM ENERGY TECHNOLOGIES, INC. produced more free cash flow last quarter ($20.9M vs $16.0M). Over the past eight quarters, AMICUS THERAPEUTICS, INC.'s revenue compounded faster (29.5% CAGR vs -0.0%).
Forum Energy Technologies is an American oilfield products company that provides products and services to the oil and gas, and renewable industries worldwide.
Amicus Therapeutics, Inc. is a public American biopharmaceutical company based in Philadelphia, Pennsylvania. The company went public in 2007 under the Nasdaq trading symbol FOLD. This followed a 2006 planned offering and subsequent withdrawal, which would have established the trading symbol as AMTX Prior to their IPO, Amicus was funded by a variety of venture capital firms including Radius Ventures, Canaan Partners and New Enterprise Associates.
FET vs FOLD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $202.2M | $185.2M |
| Net Profit | $2.1M | $1.7M |
| Gross Margin | 30.2% | 85.7% |
| Operating Margin | 6.3% | 8.6% |
| Net Margin | 1.0% | 0.9% |
| Revenue YoY | 0.6% | 23.7% |
| Net Profit YoY | 102.0% | -88.5% |
| EPS (diluted) | $0.25 | $0.00 |
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.
| Q4 25 | $202.2M | $185.2M | ||
| Q3 25 | $196.2M | $169.1M | ||
| Q2 25 | $199.8M | $154.7M | ||
| Q1 25 | $193.3M | $125.2M | ||
| Q4 24 | $201.0M | $149.7M | ||
| Q3 24 | $207.8M | $141.5M | ||
| Q2 24 | $205.2M | $126.7M | ||
| Q1 24 | $202.4M | $110.4M |
| Q4 25 | $2.1M | $1.7M | ||
| Q3 25 | $-20.6M | $17.3M | ||
| Q2 25 | $7.7M | $-24.4M | ||
| Q1 25 | $1.1M | $-21.7M | ||
| Q4 24 | $-103.5M | $14.7M | ||
| Q3 24 | $-14.8M | $-6.7M | ||
| Q2 24 | $-6.7M | $-15.7M | ||
| Q1 24 | $-10.3M | $-48.4M |
| Q4 25 | 30.2% | 85.7% | ||
| Q3 25 | 20.5% | 88.5% | ||
| Q2 25 | 29.7% | 90.2% | ||
| Q1 25 | 30.2% | 90.7% | ||
| Q4 24 | 31.1% | 90.1% | ||
| Q3 24 | 31.6% | 90.6% | ||
| Q2 24 | 30.7% | 91.1% | ||
| Q1 24 | 31.5% | 87.7% |
| Q4 25 | 6.3% | 8.6% | ||
| Q3 25 | -3.1% | 20.3% | ||
| Q2 25 | 7.4% | -6.1% | ||
| Q1 25 | 4.6% | -6.3% | ||
| Q4 24 | -53.1% | 10.7% | ||
| Q3 24 | 4.3% | 15.3% | ||
| Q2 24 | 3.9% | 11.8% | ||
| Q1 24 | 1.6% | -25.1% |
| Q4 25 | 1.0% | 0.9% | ||
| Q3 25 | -10.5% | 10.2% | ||
| Q2 25 | 3.9% | -15.8% | ||
| Q1 25 | 0.6% | -17.3% | ||
| Q4 24 | -51.5% | 9.8% | ||
| Q3 24 | -7.1% | -4.8% | ||
| Q2 24 | -3.3% | -12.4% | ||
| Q1 24 | -5.1% | -43.9% |
| Q4 25 | $0.25 | $0.00 | ||
| Q3 25 | $-1.76 | $0.06 | ||
| Q2 25 | $0.61 | $-0.08 | ||
| Q1 25 | $0.09 | $-0.07 | ||
| Q4 24 | $-8.41 | $0.05 | ||
| Q3 24 | $-1.20 | $-0.02 | ||
| Q2 24 | $-0.54 | $-0.05 | ||
| Q1 24 | $-0.85 | $-0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.7M | $293.5M |
| Total DebtLower is stronger | $135.9M | $392.7M |
| Stockholders' EquityBook value | $291.1M | $274.2M |
| Total Assets | $752.5M | $949.9M |
| Debt / EquityLower = less leverage | 0.47× | 1.43× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.7M | $293.5M | ||
| Q3 25 | $31.7M | $263.8M | ||
| Q2 25 | $39.0M | $231.0M | ||
| Q1 25 | $31.1M | $250.6M | ||
| Q4 24 | $44.7M | $249.9M | ||
| Q3 24 | $33.3M | $249.8M | ||
| Q2 24 | $31.8M | $260.1M | ||
| Q1 24 | $48.5M | $239.6M |
| Q4 25 | $135.9M | $392.7M | ||
| Q3 25 | $140.0M | $392.0M | ||
| Q2 25 | $159.3M | $391.3M | ||
| Q1 25 | $171.4M | $390.7M | ||
| Q4 24 | $188.4M | $390.1M | ||
| Q3 24 | $231.5M | $389.5M | ||
| Q2 24 | $252.9M | $388.9M | ||
| Q1 24 | $287.5M | $388.4M |
| Q4 25 | $291.1M | $274.2M | ||
| Q3 25 | $297.3M | $230.4M | ||
| Q2 25 | $334.2M | $204.3M | ||
| Q1 25 | $320.0M | $193.6M | ||
| Q4 24 | $319.9M | $194.0M | ||
| Q3 24 | $443.5M | $178.8M | ||
| Q2 24 | $442.0M | $132.5M | ||
| Q1 24 | $446.2M | $130.7M |
| Q4 25 | $752.5M | $949.9M | ||
| Q3 25 | $770.1M | $868.8M | ||
| Q2 25 | $810.1M | $815.3M | ||
| Q1 25 | $790.1M | $789.8M | ||
| Q4 24 | $816.0M | $785.0M | ||
| Q3 24 | $973.7M | $786.6M | ||
| Q2 24 | $976.8M | $749.5M | ||
| Q1 24 | $1.0B | $721.8M |
| Q4 25 | 0.47× | 1.43× | ||
| Q3 25 | 0.47× | 1.70× | ||
| Q2 25 | 0.48× | 1.92× | ||
| Q1 25 | 0.54× | 2.02× | ||
| Q4 24 | 0.59× | 2.01× | ||
| Q3 24 | 0.52× | 2.18× | ||
| Q2 24 | 0.57× | 2.93× | ||
| Q1 24 | 0.64× | 2.97× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $22.4M | $16.3M |
| Free Cash FlowOCF − Capex | $20.9M | $16.0M |
| FCF MarginFCF / Revenue | 10.3% | 8.6% |
| Capex IntensityCapex / Revenue | 0.8% | 0.2% |
| Cash ConversionOCF / Net Profit | 10.83× | 9.62× |
| TTM Free Cash FlowTrailing 4 quarters | $64.4M | $29.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | $16.3M | ||
| Q3 25 | $22.9M | $35.7M | ||
| Q2 25 | $15.8M | $-26.5M | ||
| Q1 25 | $9.3M | $7.8M | ||
| Q4 24 | $38.5M | $-3.9M | ||
| Q3 24 | $25.6M | $-23.0M | ||
| Q2 24 | $23.1M | $22.7M | ||
| Q1 24 | $5.0M | $-29.7M |
| Q4 25 | $20.9M | $16.0M | ||
| Q3 25 | $21.5M | $35.3M | ||
| Q2 25 | $14.8M | $-28.9M | ||
| Q1 25 | $7.2M | $7.5M | ||
| Q4 24 | $36.1M | $-4.2M | ||
| Q3 24 | $24.3M | $-23.3M | ||
| Q2 24 | $21.6M | $21.6M | ||
| Q1 24 | $2.1M | $-31.5M |
| Q4 25 | 10.3% | 8.6% | ||
| Q3 25 | 10.9% | 20.9% | ||
| Q2 25 | 7.4% | -18.7% | ||
| Q1 25 | 3.7% | 6.0% | ||
| Q4 24 | 18.0% | -2.8% | ||
| Q3 24 | 11.7% | -16.5% | ||
| Q2 24 | 10.5% | 17.0% | ||
| Q1 24 | 1.0% | -28.5% |
| Q4 25 | 0.8% | 0.2% | ||
| Q3 25 | 0.7% | 0.2% | ||
| Q2 25 | 0.5% | 1.6% | ||
| Q1 25 | 1.1% | 0.2% | ||
| Q4 24 | 1.2% | 0.2% | ||
| Q3 24 | 0.6% | 0.3% | ||
| Q2 24 | 0.7% | 0.9% | ||
| Q1 24 | 1.4% | 1.6% |
| Q4 25 | 10.83× | 9.62× | ||
| Q3 25 | — | 2.06× | ||
| Q2 25 | 2.05× | — | ||
| Q1 25 | 8.31× | — | ||
| Q4 24 | — | -0.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FET
| Drilling And Completions Segment | $127.2M | 63% |
| Artificial Lift And Downhole Segment | $75.5M | 37% |
FOLD
| Other | $105.8M | 57% |
| Galafold | $64.8M | 35% |
| Pombiliti Opfolda | $14.6M | 8% |
