FORUM ENERGY TECHNOLOGIES, INC.
FETNYSE
$52.44
↑ +0.6%Jul 17 close · end-of-day
Price
1Y↑ +171.9%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$610.5M
Enterprise Value
$726.7M
P/E
—
P/S
0.8
P/B
2.2
EV/EBITDA
11.1
PEG
—
FCF Yield
9.6%
Dividend Yield
—
Revenue (TTM)
$806.9M
Net Income (TTM)
-$6.3M
Free Cash Flow (TTM)
$58.5M
Gross Margin
27.5%
Operating Margin
4.0%
Net Margin
-0.8%
ROE
-2.2%
ROIC
4.1%
Debt / Equity
0.5
Net Cash
-$116.2M
Return 1Y
+166.6%
Company profile
Forum Energy Technologies, Inc. designs, manufactures, and distributes products in the oil, natural gas, industrial, and renewable energy industries. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling and Downhole segment offers equipment and services to the drilling, well construction, artificial lift, and subsea energy construction markets.
- CEO
- Neal Lux
- Sector
- Manufacturing
- Industry
- Machinery
- Employees
- 1,500
- Headquarters
- Texas
- Website
- f-e-t.com
Management & directors
- Danford Michael DewayneSVP & CHO
- Brookes MarkSVP
- Ivascu John CEVP, General Counsel & CCO
- Lux NealPresident & CEO
- Pounds StevenSVP Operations
- Williams David Lyle Jr.EVP, CFO
- Keller Katherine CampbellVP & Chief Accounting Officer
Roles derived from SEC Form 4 filings.
Earnings
FET Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$208.7M↑ +8.0%
Diluted EPS$0.39↑ +333.3%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $512.5M | $541.1M | $699.9M | $738.9M | $816.4M | $791.5M |
| Gross profit | -$11.0M | $123.3M | $188.5M | $204.2M | $255.0M | $219.0M |
| Operating income | -$231.6M | -$44.5M | $17.3M | $20.7M | -$86.8M | $30.1M |
| Net income | -$96.9M | -$82.7M | $3.7M | -$18.9M | -$135.3M | -$9.7M |
| Diluted EPS | -$17.37 | -$14.65 | $0.62 | -$1.85 | -$11.00 | -$0.81 |
| Operating cash flow | $3.9M | -$15.8M | -$17.1M | $8.2M | $92.2M | $70.4M |
| Free cash flow | $1.6M | -$18.2M | -$24.5M | $239,000.00 | $84.0M | $64.4M |
| Gross margin | -2.2% | 22.8% | 26.9% | 27.6% | 31.2% | 27.7% |
| Operating margin | -45.2% | -8.2% | 2.5% | 2.8% | -10.6% | 3.8% |
| Net margin | -18.9% | -15.3% | 0.5% | -2.6% | -16.6% | -1.2% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $205.2M | $207.8M | $201.0M | $193.3M | $199.8M | $196.2M | $202.2M | $208.7M |
| Gross profit | $63.1M | $65.7M | $62.5M | $58.4M | $59.4M | $40.2M | $61.1M | $61.0M |
| Operating income | $7.9M | $8.9M | -$106.8M | $8.8M | $14.7M | -$6.1M | $12.8M | $11.0M |
| Net income | -$6.7M | -$14.8M | -$103.5M | $1.1M | $7.7M | -$20.6M | $2.1M | $4.5M |
| Diluted EPS | -$0.54 | -$1.20 | -$8.41 | $0.09 | $0.61 | -$1.76 | $0.25 | $0.39 |
| Operating cash flow | $23.1M | $25.6M | $38.5M | $9.3M | $15.8M | $22.9M | $22.4M | $1.6M |
| Free cash flow | $21.6M | $24.3M | $36.1M | $7.2M | $14.8M | $21.5M | $20.9M | $1.4M |
| Gross margin | 30.7% | 31.6% | 31.1% | 30.2% | 29.7% | 20.5% | 30.2% | 29.2% |
| Operating margin | 3.9% | 4.3% | -53.1% | 4.6% | 7.4% | -3.1% | 6.3% | 5.3% |
| Net margin | -3.3% | -7.1% | -51.5% | 0.6% | 3.9% | -10.5% | 1.0% | 2.2% |
Company news
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-13 | Danford Michael Dewayne· SVP & CHO | Sale | 3,000 | $55.49 | $166,470.00 | filing |
| 2026-03-06 | Lux Neal· President & CEO | Tax withholding | 11,331 | $57.17 | $647,793.27 | filing |
| 2026-03-06 | Williams David Lyle Jr.· EVP, CFO | Tax withholding | 4,532 | $57.17 | $259,094.44 | filing |
| 2026-03-06 | IVASCU JOHN C· EVP, General Counsel & CCO | Tax withholding | 2,789 | $57.17 | $159,447.13 | filing |
| 2026-03-06 | Danford Michael Dewayne· SVP & CHO | Tax withholding | 1,394 | $57.17 | $79,694.98 | filing |
| 2026-03-06 | Pounds Steven· SVP Operations | Tax withholding | 1,045 | $57.17 | $59,742.65 | filing |
| 2026-03-06 | Brookes Mark· SVP | Tax withholding | 809 | $57.17 | $46,250.53 | filing |
| 2026-03-06 | Pounds Steven· SVP Operations | Option exercise | 2,658 | $0.00 | $0.00 | filing |
| 2026-03-06 | Danford Michael Dewayne· SVP & CHO | Option exercise | 3,544 | $0.00 | $0.00 | filing |
| 2026-03-06 | IVASCU JOHN C· EVP, General Counsel & CCO | Option exercise | 7,088 | $0.00 | $0.00 | filing |
| 2026-03-06 | Brookes Mark· SVP | Option exercise | 2,658 | $0.00 | $0.00 | filing |
| 2026-03-06 | Lux Neal· President & CEO | Option exercise | 28,797 | $0.00 | $0.00 | filing |
| 2026-03-06 | Williams David Lyle Jr.· EVP, CFO | Option exercise | 11,519 | $0.00 | $0.00 | filing |
| 2026-03-05 | Lux Neal· President & CEO | Tax withholding | 12,159 | $57.70 | $701,574.30 | filing |
| 2026-03-05 | Williams David Lyle Jr.· EVP, CFO | Tax withholding | 4,863 | $57.70 | $280,595.10 | filing |
| 2026-03-05 | IVASCU JOHN C· EVP, General Counsel & CCO | Tax withholding | 2,993 | $57.70 | $172,696.10 | filing |
| 2026-03-05 | Danford Michael Dewayne· SVP & CHO | Tax withholding | 1,496 | $57.70 | $86,319.20 | filing |
| 2026-03-05 | Pounds Steven· SVP Operations | Tax withholding | 1,215 | $57.70 | $70,105.50 | filing |
| 2026-03-05 | Keller Katherine Campbell· VP & Chief Accounting Officer | Tax withholding | 1,029 | $57.70 | $59,373.30 | filing |
| 2026-03-05 | Brookes Mark· SVP | Tax withholding | 752 | $57.70 | $43,390.40 | filing |
| 2026-03-05 | Williams David Lyle Jr.· EVP, CFO | Option exercise | 12,360 | $0.00 | $0.00 | filing |
| 2026-03-05 | IVASCU JOHN C· EVP, General Counsel & CCO | Option exercise | 7,607 | $0.00 | $0.00 | filing |
| 2026-03-05 | Danford Michael Dewayne· SVP & CHO | Option exercise | 3,804 | $0.00 | $0.00 | filing |
| 2026-03-05 | Brookes Mark· SVP | Option exercise | 3,090 | $0.00 | $0.00 | filing |
| 2026-03-05 | Pounds Steven· SVP Operations | Option exercise | 3,090 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.