NYSE:FET
Forum Energy Technologies, Inc.
Forum Energy Technologies, Inc.'s revenue fell 3.1% in fiscal 2025 to $791.5M while operating margin rose to 3.8%, its highest in 10 years. Free cash flow was $64.4M, 8.1% of revenue, and the diluted share count fell 3.4%.Summary generated from Forum Energy Technologies, Inc.'s SEC filings. Latest annual report filed Feb 27, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$791.5M
Revenue growth−3.1%
Revenue, 5-yr CAGR+9.1%
Gross margin27.7%
Operating margin3.8%
Net margin−1.2%
ROIC3.5%
Return on equity−3.2%
Debt / equity0.47
Free cash flow$64.4M
FCF margin8.1%
Share count change−3.4%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 541 | 700 | 739 | 816 | 791 |
| Operating income | −44 | 17 | 21 | −87 | 30 |
| Net income | −83 | 4 | −19 | −135 | −10 |
| Free cash flow | −18 | −25 | 0 | 84 | 64 |
Recent filings
- 8-KOther events
Aug 31, 2026 - 4Insider transaction report
Aug 21, 2026 - 4Insider transaction report
Aug 17, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 31, 2026 - 8-KResults of operations and financial condition
Jul 30, 2026 - 8-K/AAmended results of operations and financial condition
May 15, 2026 - 8-KDirector or officer change
May 12, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 1, 2026