15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $791M | -$10M | 27.7% | 3.8% | $64M | $136M | $35M |
| 2024 | $816M | -$135M | 31.2% | -10.6% | $84M | $188M | $45M |
| 2023 | $739M | -$19M | 27.6% | 2.8% | $239000 | $131M | $46M |
| 2022 | $700M | $4M | 26.9% | 2.5% | -$25M | $240M | $51M |
| 2021 | $541M | -$83M | 22.8% | -8.2% | -$18M | $233M | $47M |
| 2020 | $512M | -$97M | -2.2% | -45.2% | $2M | $293M | $129M |
| 2019 | $957M | -$567M | 25.6% | -56.1% | $89M | $399M | $58M |
| 2018 | $1.1B | -$374M | 24.1% | -37.3% | -$22M | — | $47M |
| 2017 | $819M | -$59M | 23.1% | -17.3% | -$67M | — | $115M |
| 2016 | $588M | -$82M | 17.0% | -21.9% | $48M | — | $234M |
| 2015 | — | -$119M | — | — | $124M | — | $109M |
| 2014 | — | $174M | — | — | $216M | — | $77M |
| 2013 | — | $130M | — | — | $151M | — | $40M |
| 2012 | — | $151M | — | — | $88M | — | $41M |
| 2011 | — | $93M | — | — | -$2M | $660M | $21M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $209M | $4M | 29.2% | 5.3% | $1M | $154M | $37M |
| Dec '25 | $202M | $2M | 30.2% | 6.3% | $21M | $136M | $35M |
| Sep '25 | $196M | -$21M | 20.5% | -3.1% | $21M | $140M | $32M |
| Jun '25 | $200M | $8M | 29.7% | 7.4% | $15M | $159M | $39M |
| Mar '25 | $193M | $1M | 30.2% | 4.6% | $7M | $171M | $31M |
| Dec '24 | $201M | -$104M | 31.1% | -53.1% | $36M | $188M | $45M |
| Sep '24 | $208M | -$15M | 31.6% | 4.3% | $24M | $232M | $33M |
| Jun '24 | $205M | -$7M | 30.7% | 3.9% | $22M | $253M | $32M |
| Mar '24 | $202M | -$10M | 31.5% | 1.6% | $2M | $287M | $48M |
| Dec '23 | $185M | -$17M | 26.8% | 1.0% | $9M | $131M | $46M |
| Sep '23 | $179M | $8M | 28.5% | 3.2% | $24M | $130M | $37M |
| Jun '23 | $185M | -$7M | 27.7% | 3.5% | -$8M | $139M | $25M |
| Mar '23 | $189M | -$3M | 27.6% | 3.6% | -$24M | $153M | $47M |
| Dec '22 | $191M | -$13M | 26.2% | 4.9% | $12M | $240M | $51M |
| Sep '22 | $182M | $16M | 28.2% | 4.2% | $17M | $248M | $20M |
| Jun '22 | $172M | $9M | 28.2% | 3.5% | -$28M | $270M | $27M |
| Mar '22 | $155M | -$9M | 24.9% | -3.7% | -$26M | $234M | $21M |
| Dec '21 | $148M | -$20M | 20.3% | -8.9% | -$9M | $233M | $47M |
| Sep '21 | $141M | -$12M | 24.7% | -5.2% | -$11M | $232M | $50M |
| Jun '21 | $137M | -$22M | 23.4% | -7.0% | $3M | $233M | $60M |
How the market has priced FET against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Forum Energy Technologies, Inc.'s revenue has grown 9.1% per year. These are computed facts, not advice.
As of FY2025, Forum Energy Technologies, Inc. reported $136M of total debt against $35M of cash.
In FY2025, gross margin was 27.7%, operating margin 3.8%, and net margin -1.2%.
As of Jun '26, Forum Energy Technologies, Inc. traded at a price-to-earnings ratio of about 67.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.