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Side-by-side financial comparison of FORUM ENERGY TECHNOLOGIES, INC. (FET) and IDT CORP (IDT). Click either name above to swap in a different company.

IDT CORP is the larger business by last-quarter revenue ($322.8M vs $208.7M, roughly 1.5× FORUM ENERGY TECHNOLOGIES, INC.). IDT CORP runs the higher net margin — 6.9% vs 2.2%, a 4.8% gap on every dollar of revenue. On growth, IDT CORP posted the faster year-over-year revenue change (4.3% vs 3.2%). FORUM ENERGY TECHNOLOGIES, INC. produced more free cash flow last quarter ($1.4M vs $-16.0M). Over the past eight quarters, IDT CORP's revenue compounded faster (4.4% CAGR vs 0.8%).

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

IDT Corporation is a multinational provider of cloud communications, point of sale systems, unified communications, and financial services foreign exchange services for selected clients. It has units dedicated for businesses and consumers such as the Boss Revolution pre-paid phone cards, headquartered in Newark, New Jersey.

FET vs IDT — Head-to-Head

Bigger by revenue
IDT
IDT
1.5× larger
IDT
$322.8M
$208.7M
FET
Growing faster (revenue YoY)
IDT
IDT
+1.0% gap
IDT
4.3%
3.2%
FET
Higher net margin
IDT
IDT
4.8% more per $
IDT
6.9%
2.2%
FET
More free cash flow
FET
FET
$17.3M more FCF
FET
$1.4M
$-16.0M
IDT
Faster 2-yr revenue CAGR
IDT
IDT
Annualised
IDT
4.4%
0.8%
FET

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FET
FET
IDT
IDT
Revenue
$208.7M
$322.8M
Net Profit
$4.5M
$22.4M
Gross Margin
29.2%
36.6%
Operating Margin
5.3%
9.6%
Net Margin
2.2%
6.9%
Revenue YoY
3.2%
4.3%
Net Profit YoY
300.4%
29.6%
EPS (diluted)
$0.39
$0.89

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
FET
FET
IDT
IDT
Q1 26
$208.7M
Q4 25
$202.2M
$322.8M
Q3 25
$196.2M
$316.6M
Q2 25
$199.8M
$302.0M
Q1 25
$193.3M
$303.3M
Q4 24
$201.0M
$309.6M
Q3 24
$207.8M
$308.8M
Q2 24
$205.2M
$299.6M
Net Profit
FET
FET
IDT
IDT
Q1 26
$4.5M
Q4 25
$2.1M
$22.4M
Q3 25
$-20.6M
$16.9M
Q2 25
$7.7M
$21.7M
Q1 25
$1.1M
$20.3M
Q4 24
$-103.5M
$17.2M
Q3 24
$-14.8M
$36.8M
Q2 24
$-6.7M
$5.6M
Gross Margin
FET
FET
IDT
IDT
Q1 26
29.2%
Q4 25
30.2%
36.6%
Q3 25
20.5%
36.2%
Q2 25
29.7%
37.1%
Q1 25
30.2%
37.0%
Q4 24
31.1%
34.8%
Q3 24
31.6%
33.1%
Q2 24
30.7%
32.4%
Operating Margin
FET
FET
IDT
IDT
Q1 26
5.3%
Q4 25
6.3%
9.6%
Q3 25
-3.1%
6.9%
Q2 25
7.4%
8.8%
Q1 25
4.6%
9.3%
Q4 24
-53.1%
7.6%
Q3 24
4.3%
6.5%
Q2 24
3.9%
3.8%
Net Margin
FET
FET
IDT
IDT
Q1 26
2.2%
Q4 25
1.0%
6.9%
Q3 25
-10.5%
5.3%
Q2 25
3.9%
7.2%
Q1 25
0.6%
6.7%
Q4 24
-51.5%
5.6%
Q3 24
-7.1%
11.9%
Q2 24
-3.3%
1.9%
EPS (diluted)
FET
FET
IDT
IDT
Q1 26
$0.39
Q4 25
$0.25
$0.89
Q3 25
$-1.76
$0.67
Q2 25
$0.61
$0.86
Q1 25
$0.09
$0.80
Q4 24
$-8.41
$0.68
Q3 24
$-1.20
$1.45
Q2 24
$-0.54
$0.22

Balance Sheet & Financial Strength

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

Metric
FET
FET
IDT
IDT
Cash + ST InvestmentsLiquidity on hand
$37.5M
$189.3M
Total DebtLower is stronger
$153.7M
Stockholders' EquityBook value
$280.7M
$320.7M
Total Assets
$763.1M
$654.9M
Debt / EquityLower = less leverage
0.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FET
FET
IDT
IDT
Q1 26
$37.5M
Q4 25
$34.7M
$189.3M
Q3 25
$31.7M
$226.5M
Q2 25
$39.0M
$199.9M
Q1 25
$31.1M
$142.2M
Q4 24
$44.7M
$148.0M
Q3 24
$33.3M
$164.6M
Q2 24
$31.8M
$139.8M
Total Debt
FET
FET
IDT
IDT
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
FET
FET
IDT
IDT
Q1 26
$280.7M
Q4 25
$291.1M
$320.7M
Q3 25
$297.3M
$305.1M
Q2 25
$334.2M
$286.2M
Q1 25
$320.0M
$271.6M
Q4 24
$319.9M
$260.6M
Q3 24
$443.5M
$246.2M
Q2 24
$442.0M
$214.5M
Total Assets
FET
FET
IDT
IDT
Q1 26
$763.1M
Q4 25
$752.5M
$654.9M
Q3 25
$770.1M
$626.2M
Q2 25
$810.1M
$600.9M
Q1 25
$790.1M
$575.7M
Q4 24
$816.0M
$554.6M
Q3 24
$973.7M
$550.1M
Q2 24
$976.8M
$517.3M
Debt / Equity
FET
FET
IDT
IDT
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
FET
FET
IDT
IDT
Operating Cash FlowLast quarter
$1.6M
$-10.1M
Free Cash FlowOCF − Capex
$1.4M
$-16.0M
FCF MarginFCF / Revenue
0.7%
-4.9%
Capex IntensityCapex / Revenue
0.1%
1.8%
Cash ConversionOCF / Net Profit
0.36×
-0.45×
TTM Free Cash FlowTrailing 4 quarters
$58.5M
$95.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FET
FET
IDT
IDT
Q1 26
$1.6M
Q4 25
$22.4M
$-10.1M
Q3 25
$22.9M
$31.0M
Q2 25
$15.8M
$75.7M
Q1 25
$9.3M
$20.2M
Q4 24
$38.5M
$164.0K
Q3 24
$25.6M
$25.4M
Q2 24
$23.1M
$9.5M
Free Cash Flow
FET
FET
IDT
IDT
Q1 26
$1.4M
Q4 25
$20.9M
$-16.0M
Q3 25
$21.5M
$25.7M
Q2 25
$14.8M
$70.3M
Q1 25
$7.2M
$15.3M
Q4 24
$36.1M
$-5.1M
Q3 24
$24.3M
$20.1M
Q2 24
$21.6M
$4.7M
FCF Margin
FET
FET
IDT
IDT
Q1 26
0.7%
Q4 25
10.3%
-4.9%
Q3 25
10.9%
8.1%
Q2 25
7.4%
23.3%
Q1 25
3.7%
5.1%
Q4 24
18.0%
-1.7%
Q3 24
11.7%
6.5%
Q2 24
10.5%
1.6%
Capex Intensity
FET
FET
IDT
IDT
Q1 26
0.1%
Q4 25
0.8%
1.8%
Q3 25
0.7%
1.7%
Q2 25
0.5%
1.8%
Q1 25
1.1%
1.6%
Q4 24
1.2%
1.7%
Q3 24
0.6%
1.7%
Q2 24
0.7%
1.6%
Cash Conversion
FET
FET
IDT
IDT
Q1 26
0.36×
Q4 25
10.83×
-0.45×
Q3 25
1.84×
Q2 25
2.05×
3.49×
Q1 25
8.31×
0.99×
Q4 24
0.01×
Q3 24
0.69×
Q2 24
1.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FET
FET

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

IDT
IDT

IDT Digital Payments$104.4M32%
IDT Global$60.2M19%
BOSS Revolution$45.7M14%
National Retail Solutions$39.3M12%
BOSS Revolution Money Transfer$36.3M11%
Net2phone$23.9M7%
Other$8.0M2%

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