Forum Energy Technologies, Inc. (FET) — Financial statements
Income statement, balance sheet, and cash flow for Forum Energy Technologies, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 791↓3.1% | 816↑10.5% | 739↑5.6% | 700↑29.4% | 541 | |
| Cost of Revenue | 572↑2.0% | 561↑5.0% | 535↑4.6% | 511↑22.4% | 418 | |
| Gross Profit | 219↓14.1% | 255↑24.9% | 204↑8.3% | 189↑52.9% | 123 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 200↓8.9% | 219↑21.6% | 180↑0.5% | 179↑6.3% | 169 | |
| Other Expenses | 0.00↓100.0% | 122↑3918.2% | 3↑136.9% | -8 | 0.00 | |
| Operating Expenses | 200↓41.5% | 342↑86.3% | 183↑7.1% | 171↑1.4% | 169 | |
| Total Costs & Expenses | 772↓14.5% | 903↑25.8% | 718↑5.2% | 683↑16.3% | 587 | |
| Operating Results | ||||||
| Operating Income | 19↑122.0% | -87↓518.8% | 21↑19.6% | 17↑138.0% | -46 | |
| Depreciation & Amortization | 34↓37.2% | 54↑54.7% | 35↓6.1% | 37↓12.3% | 42 | |
| EBITDA | 69↑258.9% | -43↓195.6% | 45↓42.7% | 79↑1107.8% | -8 | |
| EBIT | 35↑136.0% | -97↓1024.7% | 10↓75.0% | 42↑183.7% | -50 | |
| Interest & Other Income | ||||||
| Net Interest Income | -18↑41.8% | -31↓72.1% | -18↑42.0% | -32↑1.5% | -32 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 18↓41.8% | 31↑72.1% | 18↓42.0% | 32↓1.5% | 32 | |
| Non-Operating Income | -16↓255.1% | 10↓0.6% | 10↑141.7% | -25↓651.0% | 4 | |
| Other Income / Expenses | -3↑93.9% | -42↓46.0% | -29↓308.9% | -7↑80.8% | -36 | |
| Income Before Tax | 17↑112.9% | -128↓1543.5% | -8↓175.5% | 10↑112.6% | -82 | |
| Income Tax Expense | 26↑280.4% | 7↓37.6% | 11↑66.7% | 7↑933.8% | 0.64 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -10↑92.9% | -135↓616.9% | -19↓608.5% | 4↑104.5% | -83 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -10↑92.9% | -135↓616.9% | -19↓608.5% | 4↑104.5% | -83 | |
| Bottom-Line Net Income | -10↑92.9% | -135↓616.9% | -19↓608.5% | 4↑104.5% | -83 | |
| EPS (Basic) | -0.81↑92.6% | -11.00↓494.6% | -1.85↓613.9% | 0.36↑102.5% | -14.66 | |
| EPS (Diluted) | -0.81↑92.6% | -11.00↓494.6% | -1.85↓613.9% | 0.36↑102.5% | -14.66 | |
| Weighted Average Shares | 12↓3.4% | 12↑20.5% | 10↓1.6% | 10↑83.7% | 6 | |
| Weighted Average Diluted Shares | 12↓3.4% | 12↑20.4% | 10↓1.5% | 10↑83.7% | 6 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.