FORUM ENERGY TECHNOLOGIES, INC. (FET)
About FORUM ENERGY TECHNOLOGIES, INC.
Forum Energy Technologies Inc is a manufacturing company serving the oil, natural gas, industrial, and renewable energy industries. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. The company operates in two reportable segments: Drilling and Completions, and Artificial Lift and Downhole. Maximum revenue is generated from the Drilling and Completions segment, which offers products used in the drilling process, and other products like hydraulic fracturing pumps, ROVs and trenchers, submarine rescue vehicles, etc. Geographically, the firm generates maximum revenue from the U.S., followed by Canada, Middle East, Europe and Africa, Asia-Pacific, and Latin America.
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Financial summary
- Revenue FY2025
- $791.5M
- Net income
- -$9.7M
- Total assets
- $752.5M
- Market cap
- $654.1M
- Gross margin
- 27.7%
- Operating margin
- 3.8%
- Net margin
- -1.2%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $791.5M
- Cost of revenue
- $572.4M
- Gross profit
- $219.0M
- Operating expenses
- $188.9M
- Operating income
- $30.1M
- Income tax
- $26.2M
- Net income
- -$9.7M
- EPS (basic)
- $-0.81
- EPS (diluted)
- $-0.81
Balance sheet
- Total assets
- $752.5M
- Current assets
- $448.9M
- Total liabilities
- $461.3M
- Current liabilities
- $206.5M
- Shareholders’ equity
- $291.1M
Cash flow
- Operating cash flow
- $70.4M
- Investing cash flow
- $9.6M
- Financing cash flow
- -$91.6M
- Net cash flow
- -$10.0M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $654.1M
- EPS (diluted)
- $-0.81
- Shares outstanding
- 9.8M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Apr 12, 2012
Forum Energy Technologies, Inc. (FET) Stock Price
- Reported a net loss of $9.7M in FY2025.
- Revenue grew 54% from FY2020 to FY2025.
- Gross margin of 27.7%, net margin -1.2%.
- Trading 10% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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Forum Energy Technologies, Inc.: frequently asked questions
Is Forum Energy Technologies, Inc. an American company?
Forum Energy Technologies, Inc. is a US-based company headquartered in Houston, Texas, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Forum Energy Technologies, Inc. headquartered?
Forum Energy Technologies, Inc. is headquartered in Houston, Texas, United States.
Is Forum Energy Technologies, Inc. publicly traded?
Yes — Forum Energy Technologies, Inc. is a publicly traded company. Its stock trades under the ticker symbol FET on the NYSE.
What does Forum Energy Technologies, Inc. do?
Forum Energy Technologies, Inc. is an American Machinery & Equipment company in the Manufacturing & Industrial sector.
