Forum Energy Technologies, Inc.
FET
Positions held
Your positionsFET isn't in your positions.
Add it to see shares, cost, and P&L here.
Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Forum Energy Technologies is well-positioned in the oil and gas equipment sector, benefiting from a recovering industry cycle as energy demand increases.
- Revenue increased by 8% compared to the prior quarter, reaching $226 million.
- Gross margin improved to 31.5%, up from 29.2% in the previous quarter.
- Despite recent improvements, Forum Energy Technologies has a negative profit margin, indicating ongoing challenges in profitability.
- The company reported a net income of -9.66 million for the year 2025, reflecting continued financial struggles.
- Operating margin remains low at 2.42% for the year 2025, highlighting operational inefficiencies.
Fundamentals
| Market cap | $967.95M | Enterprise value | $1.14B | Trailing P/E | — | Forward P/E | 17.01 |
| PEG | 1.87 | Price / book | 3.28 | Beta | 0.68 | Dividend yield | 0.00% |
| Revenue growth | 13.2% | Earnings growth | 72.1% | Gross margin | 28.0% | Operating margin | 9.3% |
| Profit margin | -0.2% | ROE | -0.5% | ROA | 2.7% | Debt / equity | 0.79 |
| Current ratio | 2.19 | Free cash flow | $63.76M | Analyst recommendation | strong_buy | Mean target | $91.00 |
| 52w high | $89.93 | 52w low | $25.24 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | |
|---|---|---|---|---|---|
| Revenue | $226M | $209M | $202M | $196M | $200M |
| Op margin | 9.3% | 5.3% | 6.0% | -5.2% | 4.1% |
| Net income | $12.4M | $4.5M | $2.1M | -$20.6M | $7.7M |
| Gross margin | 31.5% | 29.2% | 30.2% | 20.5% | 29.7% |
| Gross profit | $71.4M | $61.0M | $61.1M | $40.2M | $59.4M |
| Operating income | $21.1M | $11.0M | $12.2M | -$10.2M | $8.2M |
- Revenue +8% vs prior quarter ($226M vs $209M).
- Gross margin 31.5% (was 29.2% prior quarter).
- Operating margin expanded to 9.3%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $791M | $816M | $739M | $700M | — |
| Op margin | 2.4% | 4.4% | 3.2% | 1.3% | — |
| Net income | -$9.7M | -$135M | -$18.9M | $3.7M | — |
| Gross margin | 27.7% | 31.2% | 27.6% | 26.9% | — |
| Gross profit | $219M | $255M | $204M | $189M | — |
| Operating income | $19.1M | $35.7M | $23.8M | $9.1M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-09 · Zacks.com featured highlights Roku, Forum Energy, Calumet, Calumet and Shell
2026-10-08 · Shell's Q3 Outlook Shows Strength in LNG and Refining Operations
2026-10-08 · 5 High-Efficiency Stocks to Buy Now: ROKU, FET, CLMT, FTI, SHEL
2026-10-06 · Expand Energy Scales AI With Enterprise-Wide Thoughtworks Deal
2026-10-05 · Pembina's Pacific Link Role Could Transform Canada's Oil Access
2026-10-05 · Petrobras Scores Second Oil Find in Foz do Amazonas Basin
2026-10-05 · Forum Energy (FET) Is a Great Choice for 'Trend' Investors, Here's Why
2026-10-05 · 5 Stocks With Recent Price Strength After a Mixed September
2026-09-25 · Forum Energy Technologies Targets Revenue Doubling, EBITDA Quadrupling by 2030
2026-09-25 · Keep Portfolio Swings in Check With VLO, PBF, FET & E
2026-09-24 · Are Oils-Energy Stocks Lagging Forum Energy Technologies (FET) This Year?
2026-09-22 · NESR Leverages Technology Portfolio and Scale to Drive Growth
Price (daily)
Full chart · RSI · MACD · patterns