Forum Energy Technologies, Inc. (FET) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	833.3M	791.5M	816.4M	738.9M	699.9M
Cost of Revenue	599.7M	572.4M	561.4M	534.7M	511.4M
Gross Profit	233.7M	219.0M	255.0M	204.2M	188.5M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	199.6M	199.9M	219.3M	180.4M	179.5M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	6.9M	—	122.5M	3.0M	(8.3M)
Total Operating Expenses	206.5M	199.9M	341.8M	183.4M	171.2M
Cost and Expenses	806.2M	772.3M	903.2M	718.1M	682.6M
Operating Income (EBIT)	27.1M	19.1M	(86.8M)	20.7M	17.3M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	17.0M	18.3M	31.5M	18.3M	31.5M
Net Interest Income	(17.0M)	(18.3M)	(31.5M)	(18.3M)	(31.5M)
Other Non-Op Income/Expense	(6.0M)	(2.5M)	(41.7M)	(28.5M)	(7.0M)
Non-Operating Income (excl Interest)	(11.1M)	(15.8M)	10.2M	10.2M	(24.5M)
EBT (Pre-Tax Income)	21.2M	16.6M	(128.4M)	(7.8M)	10.3M
Income Tax Expense	22.8M	26.2M	6.9M	11.1M	6.6M
Bottom Line
Net Income	(1.6M)	(9.7M)	(135.3M)	(18.9M)	3.7M
Earnings from Cont. Ops	(1.6M)	(9.7M)	(135.3M)	(18.9M)	3.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(1.6M)	(9.7M)	(135.3M)	(18.9M)	3.7M
Per Share
Basic EPS	$0.00	($0.81)	($11.00)	($1.85)	$0.36
Diluted EPS	($0.06)	($0.81)	($11.00)	($1.85)	$0.36
Revenue Per Share	$73.81	$66.61	$66.38	$72.41	$67.52
Shares
Basic Shares Outstanding	11.3M	11.9M	12.3M	10.2M	10.4M
Diluted Shares Outstanding	11.8M	11.9M	12.3M	10.2M	10.4M
Profitability Metrics
EBITDA	79.3M	68.7M	(43.2M)	45.2M	78.9M
D&A	41.1M	33.8M	53.7M	34.7M	37.0M
EBIT	38.2M	34.9M	(96.9M)	10.5M	41.9M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026