FET: financial statements from SEC — TradeAlmanac

FET

Forum Energy Technologies, Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	791m	816m
Cost of revenue	572m	561m
Gross profit	219m	255m
Selling, general and administrative	200m	219m
Operating expenses	189m	342m
Operating income	30m	−87m
Pre-tax income	17m	−128m
Income tax	26m	7m
Net income	−10m	−135m
Earnings per share	−0.81	−11.00
Earnings per share, diluted	−0.81	−11.00
Weighted average shares	12m	12m
Weighted average shares, diluted	12m	12m

Balance sheet

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	37m	35m	32m	39m	31m	45m	33m	32m
Receivables	155m	142m	147m

Cash flow

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	70m	92m
Depreciation and amortisation	14m	17m
Share-based compensation	9m	7m
Capital expenditure	6m	8m
Investing cash flow	10m	−138m
Share buybacks	35m

Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)