# Forum Energy Technologies, Inc.: overview

FET · NYSE · CIK 1401257 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/fet.md) · [Financials](/companies/fet/financials.md) · [Filings](/companies/fet/filings.md) · [Insiders](/companies/fet/insiders.md)

Latest reported revenue: [$208.7m](/filings/0001401257-26-000034.md) for Q1 FY2026, three months to 2026-03-31, from the 10-Q filed May 1, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001401257-26-000034).

## Last eight quarters

| Line item | Unit | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [205](/filings/0001401257-25-000089.md) | [208](/filings/0001401257-25-000108.md) | [201 d](/filings/0001401257-26-000015.md) | [193](/filings/0001401257-26-000034.md) | [200](/filings/0001401257-25-000089.md) | [196](/filings/0001401257-25-000108.md) | [202 d](/filings/0001401257-26-000015.md) | [209](/filings/0001401257-26-000034.md) |
| Gross margin | % | [30.7%](/filings/0001401257-25-000089.md) | [31.6%](/filings/0001401257-25-000108.md) | [31.1% d](/filings/0001401257-26-000015.md) | [30.2%](/filings/0001401257-26-000034.md) | [29.7%](/filings/0001401257-25-000089.md) | [20.5%](/filings/0001401257-25-000108.md) | [30.2% d](/filings/0001401257-26-000015.md) | [29.2%](/filings/0001401257-26-000034.md) |
| Operating margin | % | [3.9%](/filings/0001401257-25-000089.md) | [4.3%](/filings/0001401257-25-000108.md) | [(53.1%) d](/filings/0001401257-26-000015.md) | [4.6%](/filings/0001401257-26-000034.md) | [7.4%](/filings/0001401257-25-000089.md) | [(3.1%)](/filings/0001401257-25-000108.md) | [6.3% d](/filings/0001401257-26-000015.md) | [5.3%](/filings/0001401257-26-000034.md) |
| Net margin | % | [(3.3%)](/filings/0001401257-25-000108.md) | [(7.1%)](/filings/0001401257-25-000108.md) | [(51.5%) d](/filings/0001401257-26-000015.md) | [0.6%](/filings/0001401257-26-000034.md) | [3.9%](/filings/0001401257-25-000108.md) | [(10.5%)](/filings/0001401257-25-000108.md) | [1.0% d](/filings/0001401257-26-000015.md) | [2.2%](/filings/0001401257-26-000034.md) |
| Diluted EPS | $ per share | [(0.54)](/filings/0001401257-25-000089.md) | [(1.20)](/filings/0001401257-25-000108.md) | not reported | [0.09](/filings/0001401257-26-000034.md) | [0.61](/filings/0001401257-25-000089.md) | [(1.76)](/filings/0001401257-25-000108.md) | not reported | [0.39](/filings/0001401257-26-000034.md) |
| Free cash flow | $m | [21.6 d](/filings/0001401257-25-000089.md) | [24.3 d](/filings/0001401257-25-000108.md) | [36.1 d](/filings/0001401257-26-000015.md) | [7.2](/filings/0001401257-26-000034.md) | [14.8 d](/filings/0001401257-25-000089.md) | [21.5 d](/filings/0001401257-25-000108.md) | [20.9 d](/filings/0001401257-26-000015.md) | [1.4](/filings/0001401257-26-000034.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [541](/filings/0001401257-23-000023.md) | [700](/filings/0001401257-24-000038.md) | [739](/filings/0001401257-25-000012.md) | [816](/filings/0001401257-26-000015.md) | [791](/filings/0001401257-26-000015.md) |
| Gross margin | % | [22.8%](/filings/0001401257-23-000023.md) | [26.9%](/filings/0001401257-24-000038.md) | [27.6%](/filings/0001401257-25-000012.md) | [31.2%](/filings/0001401257-26-000015.md) | [27.7%](/filings/0001401257-26-000015.md) |
| Operating margin | % | [(8.2%)](/filings/0001401257-23-000023.md) | [2.5%](/filings/0001401257-24-000038.md) | [2.8%](/filings/0001401257-25-000012.md) | [(10.6%)](/filings/0001401257-26-000015.md) | [3.8%](/filings/0001401257-26-000015.md) |
| Net margin | % | [(15.3%)](/filings/0001401257-23-000023.md) | [0.5%](/filings/0001401257-24-000038.md) | [(2.6%)](/filings/0001401257-25-000012.md) | [(16.6%)](/filings/0001401257-26-000015.md) | [(1.2%)](/filings/0001401257-26-000015.md) |
| Diluted EPS | $ per share | [(14.65)](/filings/0001401257-23-000023.md) | [0.62](/filings/0001401257-24-000038.md) | [(1.85)](/filings/0001401257-25-000012.md) | [(11.00)](/filings/0001401257-26-000015.md) | [(0.81)](/filings/0001401257-26-000015.md) |
| Free cash flow | $m | [(18.2)](/filings/0001401257-23-000023.md) | [(24.5)](/filings/0001401257-24-000038.md) | [0.2](/filings/0001401257-25-000012.md) | [84.0](/filings/0001401257-26-000015.md) | [64.4](/filings/0001401257-26-000015.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/fet/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2026-10-27 | [Ivascu John C](/insiders/1765836.md) | EVP, General Counsel & CCO, Officer | Sale (S) | 200 | $91.04 | $18.2k | [Form 4](/filings/0001765836-26-000020.md) |
| 2026-10-27 | [Ivascu John C](/insiders/1765836.md) | EVP, General Counsel & CCO, Officer | Sale (S) | 4,100 | $90.10 | $369.4k | [Form 4](/filings/0001765836-26-000020.md) |
| 2026-10-26 | [Ivascu John C](/insiders/1765836.md) | EVP, General Counsel & CCO, Officer | Sale (S) | 700 | $90.08 | $63.1k | [Form 4](/filings/0001765836-26-000020.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $47.8m | 950,933 |  | Added +66,478 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $32.8m | 653,990 |  | Added +27,052 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $30.2m | 601,047 |  | Added +272,570 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $23.4m | 465,470 |  | Reduced −30,243 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $22.4m | 445,211 |  | Added +33,990 |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $20.5m | 408,252 |  | Added +82,120 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $18.6m | 369,652 |  | Added +156,535 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $15.8m | 315,201 |  | Added +59,399 |
| [JACOBS LEVY EQUITY MANAGEMENT, INC](/funds/884414.md) | 2026-06-30 | $14.1m | 279,986 |  | Added +14,770 |
| [Allspring Global Investments Holdings, LLC](/funds/1890906.md) | 2026-06-30 | $12.0m | 244,910 |  | Added +4,618 |

## Recent filings

[All 1,075 filings](/companies/fet/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-30 | 15:26 ET | [10-Q](/filings/0001401257-26-000072.md) | Quarterly report, period 2026-09-30 | 0001401257-26-000072 |
| 2026-10-29 | 16:55 ET | [8-K](/filings/0001401257-26-000069.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001401257-26-000069 |
| 2026-08-31 | 17:33 ET | [8-K](/filings/0001401257-26-000065.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001401257-26-000065 |
| 2026-07-31 | 12:39 ET | [10-Q](/filings/0001401257-26-000053.md) | Quarterly report, period 2026-06-30 | 0001401257-26-000053 |
| 2026-07-30 | 17:22 ET | [8-K](/filings/0001401257-26-000049.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001401257-26-000049 |
| 2026-05-15 | 17:15 ET | [8-K/A](/filings/0001401257-26-000042.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001401257-26-000042 |
| 2026-05-12 | 11:49 ET | [8-K](/filings/0001401257-26-000039.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001401257-26-000039 |
| 2026-05-01 | 15:28 ET | [10-Q](/filings/0001401257-26-000034.md) | Quarterly report, period 2026-03-31 | 0001401257-26-000034 |
| 2026-05-01 | 17:55 ET | [8-K](/filings/0001401257-26-000030.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001401257-26-000030 |
| 2026-03-27 | 09:00 ET | [DEF 14A](/filings/0001401257-26-000021.md) | Proxy statement, period 2026-05-08 | 0001401257-26-000021 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001401257-26-000015.md), filed Feb 27, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1401257
- Tickers: FET
- Exchange: NYSE
- SIC code: 3533 Oil & Gas Field Machinery & Equipment
- State of incorporation: DE
- Filer category: Accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 15:27 ET. No prices; not investment advice.
