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Side-by-side financial comparison of FORUM ENERGY TECHNOLOGIES, INC. (FET) and Simply Good Foods Co (SMPL). Click either name above to swap in a different company.

Simply Good Foods Co is the larger business by last-quarter revenue ($340.2M vs $208.7M, roughly 1.6× FORUM ENERGY TECHNOLOGIES, INC.). Simply Good Foods Co runs the higher net margin — 7.4% vs 2.2%, a 5.3% gap on every dollar of revenue. On growth, FORUM ENERGY TECHNOLOGIES, INC. posted the faster year-over-year revenue change (3.2% vs -0.3%). Simply Good Foods Co produced more free cash flow last quarter ($48.0M vs $1.4M). Over the past eight quarters, Simply Good Foods Co's revenue compounded faster (3.0% 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.

Whole Foods Market, Inc. is an American multinational supermarket chain headquartered in Austin, Texas, owned wholly by Amazon, and which generally sells whole food products free from hydrogenated fats and artificial colors, flavors, and preservatives. A USDA Certified Organic grocer in the United States, the chain is popularly known for its organic selections.

FET vs SMPL — Head-to-Head

Bigger by revenue
SMPL
SMPL
1.6× larger
SMPL
$340.2M
$208.7M
FET
Growing faster (revenue YoY)
FET
FET
+3.5% gap
FET
3.2%
-0.3%
SMPL
Higher net margin
SMPL
SMPL
5.3% more per $
SMPL
7.4%
2.2%
FET
More free cash flow
SMPL
SMPL
$46.6M more FCF
SMPL
$48.0M
$1.4M
FET
Faster 2-yr revenue CAGR
SMPL
SMPL
Annualised
SMPL
3.0%
0.8%
FET

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FET
FET
SMPL
SMPL
Revenue
$208.7M
$340.2M
Net Profit
$4.5M
$25.3M
Gross Margin
29.2%
32.3%
Operating Margin
5.3%
11.0%
Net Margin
2.2%
7.4%
Revenue YoY
3.2%
-0.3%
Net Profit YoY
300.4%
-33.7%
EPS (diluted)
$0.39
$0.26

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
SMPL
SMPL
Q1 26
$208.7M
Q4 25
$202.2M
$340.2M
Q3 25
$196.2M
Q2 25
$199.8M
$381.0M
Q1 25
$193.3M
Q4 24
$201.0M
$341.3M
Q3 24
$207.8M
$375.7M
Q2 24
$205.2M
$334.8M
Net Profit
FET
FET
SMPL
SMPL
Q1 26
$4.5M
Q4 25
$2.1M
$25.3M
Q3 25
$-20.6M
Q2 25
$7.7M
$41.1M
Q1 25
$1.1M
Q4 24
$-103.5M
$38.1M
Q3 24
$-14.8M
$29.3M
Q2 24
$-6.7M
$41.3M
Gross Margin
FET
FET
SMPL
SMPL
Q1 26
29.2%
Q4 25
30.2%
32.3%
Q3 25
20.5%
Q2 25
29.7%
36.4%
Q1 25
30.2%
Q4 24
31.1%
38.2%
Q3 24
31.6%
38.8%
Q2 24
30.7%
39.9%
Operating Margin
FET
FET
SMPL
SMPL
Q1 26
5.3%
Q4 25
6.3%
11.0%
Q3 25
-3.1%
Q2 25
7.4%
15.6%
Q1 25
4.6%
Q4 24
-53.1%
16.0%
Q3 24
4.3%
12.7%
Q2 24
3.9%
17.6%
Net Margin
FET
FET
SMPL
SMPL
Q1 26
2.2%
Q4 25
1.0%
7.4%
Q3 25
-10.5%
Q2 25
3.9%
10.8%
Q1 25
0.6%
Q4 24
-51.5%
11.2%
Q3 24
-7.1%
7.8%
Q2 24
-3.3%
12.3%
EPS (diluted)
FET
FET
SMPL
SMPL
Q1 26
$0.39
Q4 25
$0.25
$0.26
Q3 25
$-1.76
Q2 25
$0.61
$0.40
Q1 25
$0.09
Q4 24
$-8.41
$0.38
Q3 24
$-1.20
$0.29
Q2 24
$-0.54
$0.41

Balance Sheet & Financial Strength

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

Metric
FET
FET
SMPL
SMPL
Cash + ST InvestmentsLiquidity on hand
$37.5M
$194.1M
Total DebtLower is stronger
$153.7M
Stockholders' EquityBook value
$280.7M
$1.7B
Total Assets
$763.1M
$2.5B
Debt / EquityLower = less leverage
0.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FET
FET
SMPL
SMPL
Q1 26
$37.5M
Q4 25
$34.7M
$194.1M
Q3 25
$31.7M
Q2 25
$39.0M
$98.0M
Q1 25
$31.1M
Q4 24
$44.7M
$121.8M
Q3 24
$33.3M
$132.5M
Q2 24
$31.8M
$208.7M
Total Debt
FET
FET
SMPL
SMPL
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
$397.5M
Q2 24
$252.9M
$237.7M
Stockholders' Equity
FET
FET
SMPL
SMPL
Q1 26
$280.7M
Q4 25
$291.1M
$1.7B
Q3 25
$297.3M
Q2 25
$334.2M
$1.8B
Q1 25
$320.0M
Q4 24
$319.9M
$1.8B
Q3 24
$443.5M
$1.7B
Q2 24
$442.0M
$1.7B
Total Assets
FET
FET
SMPL
SMPL
Q1 26
$763.1M
Q4 25
$752.5M
$2.5B
Q3 25
$770.1M
Q2 25
$810.1M
$2.4B
Q1 25
$790.1M
Q4 24
$816.0M
$2.4B
Q3 24
$973.7M
$2.4B
Q2 24
$976.8M
$2.2B
Debt / Equity
FET
FET
SMPL
SMPL
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×
0.23×
Q2 24
0.57×
0.14×

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
SMPL
SMPL
Operating Cash FlowLast quarter
$1.6M
$50.1M
Free Cash FlowOCF − Capex
$1.4M
$48.0M
FCF MarginFCF / Revenue
0.7%
14.1%
Capex IntensityCapex / Revenue
0.1%
0.6%
Cash ConversionOCF / Net Profit
0.36×
1.98×
TTM Free Cash FlowTrailing 4 quarters
$58.5M
$223.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FET
FET
SMPL
SMPL
Q1 26
$1.6M
Q4 25
$22.4M
$50.1M
Q3 25
$22.9M
Q2 25
$15.8M
$101.1M
Q1 25
$9.3M
Q4 24
$38.5M
$32.0M
Q3 24
$25.6M
$48.9M
Q2 24
$23.1M
$72.8M
Free Cash Flow
FET
FET
SMPL
SMPL
Q1 26
$1.4M
Q4 25
$20.9M
$48.0M
Q3 25
$21.5M
Q2 25
$14.8M
$98.9M
Q1 25
$7.2M
Q4 24
$36.1M
$31.7M
Q3 24
$24.3M
$45.0M
Q2 24
$21.6M
$72.0M
FCF Margin
FET
FET
SMPL
SMPL
Q1 26
0.7%
Q4 25
10.3%
14.1%
Q3 25
10.9%
Q2 25
7.4%
25.9%
Q1 25
3.7%
Q4 24
18.0%
9.3%
Q3 24
11.7%
12.0%
Q2 24
10.5%
21.5%
Capex Intensity
FET
FET
SMPL
SMPL
Q1 26
0.1%
Q4 25
0.8%
0.6%
Q3 25
0.7%
Q2 25
0.5%
0.6%
Q1 25
1.1%
Q4 24
1.2%
0.1%
Q3 24
0.6%
1.0%
Q2 24
0.7%
0.2%
Cash Conversion
FET
FET
SMPL
SMPL
Q1 26
0.36×
Q4 25
10.83×
1.98×
Q3 25
Q2 25
2.05×
2.46×
Q1 25
8.31×
Q4 24
0.84×
Q3 24
1.67×
Q2 24
1.76×

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%

SMPL
SMPL

Quest$211.4M62%
Atkins Domain$79.7M23%
OWYN$28.1M8%
Other$20.9M6%

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