Forum Energy Technologies appears to be in an early recovery phase, with revenue rising 20.7% year over year to $236.8M in 2026Q3 and gross margin rebuilding to 31.4% from 20.5% a year earlier, suggesting Completions demand may be firming.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 29, 2026 | $1.51+23.8% vs $1.22 | $237M+1.5% vs $233M |
Q3 2026 Jul 30, 2026 | $1.16+105.3% vs $0.56 | $226M+6.5% vs $212M |
Q2 2026 Apr 30, 2026 | $0.47+6.8% vs $0.44 | $209M+3.7% vs $201M |
Q1 2026 Feb 19, 2026 | $0.41+13.9% vs $0.36 | $202M+6.1% vs $191M |
Forum Energy Technologies earns a buy rating, supported by improving profitability and a stronger balance sheet. FET's recurring product sales drive growth, with Q3 adjusted EBITDA up 13.5% to $36 million despite only 4.7% revenue growth. The Premiere Torque Rings acquisition at 4.1x EBITDA offers cross-selling opportunities but introduces shareholder dilution.
Here is how Forum Energy Technologies (FET) and GE Vernova (GEV) have performed compared to their sector so far this year.
Forum Energy Technologies NYSE: FET raised its full-year 2026 outlook after reporting higher third-quarter revenue, earnings and free cash flow, citing market-share gains, international growth and contributions from its product portfolio.
Forum Energy Technologies, Inc. ( FET ) Q3 2026 Earnings Call October 30, 2026 11:00 AM EDT Company Participants Rob Kukla - Director of Investor Relations Neal Lux - President, CEO & Director David Williams - Executive VP & CFO Conference Call Participants Jeffrey Robertson - Water Tower Research LLC Peter Sidoti - Sidoti & Company, Inc. Gowshihan Sriharan - Singular Research, LLC James Rollyson - Raymond James & Associates, Inc., Research Division Daniel Pickering - Pickering Energy Partners LP Joshua Jayne - Daniel Energy Partners, LLC Presentation Operator Good morning, ladies and gentlemen, and welcome to the Forum Energy Technologies Third Quarter 2026 Earnings Conference Call. My name is Dilem, and I'll be your coordinator for today's call.
Benchmark FET against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Forum Energy Technologies, Inc. (FET)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $69.69 | $787.8M | 27.83 | -3.06% | 3.46% | 10.24% | — | |
| $13.27 | $2.42B | -12.98 | 18.84% | -3.89% | -8.64% | — | |
| $16.18 | $2.03B | 63.48 | -3.08% | 2.24% | 3.11% | 2% | |
| $17.56 | $6.26B | 43.90 | -1.42% | 1.66% | 2.29% | 2.89% | |
| $5.31 | $1.18B | -35.61 | 14.95% | -1.77% | -2.93% | 3.02% | |
| $6.39 | $783.52M | 491.54 | -12.13% | 0.16% | 0.21% | — |
Forum Energy Technologies, Inc. (FET) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Forum Energy Technologies, Inc. (FET) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 29, 2026·SEC
Jul 30, 2026·SEC
May 12, 2026·SEC
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Forum Energy Technologies, Inc. (FET) stock FAQ — growth, dividends, profitability & financials explained
Forum Energy Technologies, Inc. (FET) reported $873.9M in revenue over the trailing twelve months. Revenue was $791.5M in fiscal year 2025. That is 17% more than the $677.4M of fiscal year 2009.
Forum Energy Technologies, Inc. (FET) grew revenue by 10.6% over the trailing twelve months, compared with the twelve months before.
Yes. Forum Energy Technologies, Inc. (FET) earned $30.2M in net income over the trailing twelve months (a 3.5% net margin).
Forum Energy Technologies, Inc. (FET) had a return on equity (ROE) of 10.2% over the trailing twelve months. That is in line with the market's typical 10-15%.
Forum Energy Technologies, Inc. (FET) generated $62.1M in free cash flow over the trailing twelve months.
