Forum Energy Technologies financials
$80.47−3.04%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $791.5M | $816.4M | $738.9M | $699.9M | $541.1M | $512.5M | $956.5M | $1.06B | $818.6M | $587.6M |
| Gross profit | $219.0M | $255.0M | $204.2M | $188.5M | $123.3M | -$11.0M | $244.9M | $256.4M | $188.8M | $99.7M |
| Gross margin | 27.7% | 31.2% | 27.6% | 26.9% | 22.8% | −2.2% | 25.6% | 24.1% | 23.1% | 17.0% |
| Operating income | $18.6M | -$91.1M | $20.9M | $9.1M | -$45.5M | -$231.4M | -$535.8M | -$397.6M | -$140.5M | -$128.1M |
| Net income | -$9.7M | -$135.3M | -$18.9M | $3.7M | -$82.7M | -$96.9M | -$567.1M | -$374.1M | -$59.4M | -$82.0M |
| Net margin | −1.2% | −16.6% | −2.6% | 0.5% | −15.3% | −18.9% | −59.3% | −35.2% | −7.3% | −14.0% |
| Diluted EPS | $-0.81 | $-11.00 | $-1.85 | $0.62 | $-14.65 | $-17.37 | $-103.01 | $-68.80 | $-12.00 | $-18.00 |
| EBITDA | $52.3M | $81.7M | $55.6M | $46.0M | -$3.4M | -$160.0M | $56.4M | $43.9M | $204.0K | -$65.5M |
| Operating cash flow | $70.4M | $92.2M | $8.2M | -$17.1M | -$5.0M | $3.9M | $104.1M | $2.4M | -$40.0M | $64.7M |
| Free cash flow | $64.4M | $84.0M | $239.0K | -$24.5M | -$7.4M | $1.6M | $89.0M | -$21.6M | -$66.7M | $47.9M |
| Diluted shares | 11.9M | 12.3M | 10.2M | 6.0M | 5.6M | 5.6M | 5.5M | 5.4M | 4.9M | 4.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $34.7M | $44.7M | $46.2M | $51.0M | $46.9M | $128.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $135.9M | $188.4M | $130.8M | $239.9M | $233.2M | $294.7M |
| Total assets | $752.5M | $816.0M | $821.1M | $834.8M | $791.3M | $889.9M |
| Total liabilities | $461.3M | $496.1M | $408.4M | $527.7M | $462.2M | $483.7M |
| Shareholders' equity | $291.1M | $319.9M | $412.6M | $307.0M | $329.1M | $406.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology