FY2025 · ended Dec 31, 2025 · Revenue $791.47M, -3.1% YoY · Filed Feb 27, 2026
Forum Energy Technologies, Inc. (FET) files with the SEC under industry code 3533, Oil & Gas Field Machinery & Equipment. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $791.5 million and a net loss of $9.7 million. Free cash flow was $64.4 million. As of Sep 30, 2026 it held $35.2 million in cash and investments and $209.7 million in total debt.
Revenue (TTM)
$873.93M
+10.6% vs year-ago TTM
Net income (TTM)
$30.20M
+126.2% vs year-ago TTM
Operating cash flow (TTM)
$68.52M
-20.8% vs year-ago TTM
Free cash flow (TTM)
$62.05M
-22.1% vs year-ago TTM
EPS (TTM)
$2.59
+127.3% vs year-ago TTM
Dividend per share
None
Shares outstanding
11.26M
-8.9% vs prior year
Net cash
$-174.56M
as of Sep 30, 2026
Operating margin
7.4%
FY 2026
Company profile
- Industry
- Oil & Gas Field Machinery & Equipment (SIC 3533)
- Listed as
- FET (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- Accelerated filer, Smaller reporting company
- SEC CIK
- 1401257
- Former names
- FORUM OILFIELD TECHNOLOGIES INC (until Feb 11, 2008)
Other Oil & Gas Field Machinery & Equipment companies
- Baker Hughes Co BKR
- TechnipFMC plc FTI
- Solaris Energy Infrastructure, Inc. SEI
- NOV Inc. NOV
- Weatherford International plc WFRD
- Cactus, Inc. WHD
- DNOW Inc. DNOW
- Flowco Holdings Inc. FLOC
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $791.5M | $816.4M | $738.9M | $699.9M | $541.1M |
| Operating income | $30.1M | -$86.8M | $20.7M | $17.3M | -$44.5M |
| Net income | -$9.7M | -$135.3M | -$18.9M | $3.7M | -$82.7M |
| Diluted EPS | -$0.81 | -$11.00 | -$1.85 | $0.62 | -$14.65 |
| Operating cash flow | $70.4M | $92.2M | $8.2M | -$17.1M | -$15.8M |
| Free cash flow | $64.4M | $84.0M | $239,000 | -$24.5M | -$18.2M |
| Total assets | $752.5M | $816.0M | $821.1M | $834.8M | $791.3M |
| Total liabilities | $461.3M | $496.1M | $408.4M | $527.7M | $462.2M |
| Stockholders' equity | $291.1M | $319.9M | $412.6M | $307.0M | $329.1M |
| Cash and investments | $34.7M | $44.7M | $46.2M | $51.0M | $46.9M |
| Total debt | $235.7M | $276.0M | $204.3M | $315.3M | $280.1M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 30, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 29, 2026 | Oct 29, 2026 |
| 8-K |
Current report
Other events
|
Aug 31, 2026 | Aug 28, 2026 |
| 10-Q | Quarterly report | Jul 31, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 30, 2026 | Jul 30, 2026 |
| 8-K/A |
Amended current report
Results of operations
|
May 15, 2026 | Feb 19, 2026 |
All 1000 Forum Energy Technologies, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.