Forum Energy Technologies, Inc. (FET) Earnings History
Net Loss17 years of earnings data (2009–2025) · Currently unprofitable on a TTM basis
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Forum Energy Technologies, Inc. (FET) Earnings Overview
As of June 21, 2026, Forum Energy Technologies, Inc. (FET) reported trailing twelve-month net income of -$6M, reflecting +92.6% year-over-year growth. The company earned $-0.54 per diluted share over the past four quarters, with a net profit margin of -1.2%.
Looking at the long-term picture, FET's historical earnings data spans multiple years. The company achieved its highest annual net income of $174M in fiscal 2014.
Forum Energy Technologies, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including DNOW (-$155M net income, -3.2% margin), WTTR ($22M net income, 1.5% margin), NOV ($91M net income, 1.7% margin), FET has outperformed on profitability metrics. Compare FET vs DNOW →
FET Earnings vs Peers
Earnings metrics vs comparable public companies
FET Historical Earnings Data (2009–2025)
17 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$10M | +92.9% | $19M | $-0.81 | -1.2% | 2.4% |
| 2024 | -$135M | -616.9% | -$87M | $-11.00 | -16.6% | -10.6% |
| 2023 | -$19M | -608.5% | $21M | $-1.85 | -2.6% | 2.8% |
| 2022 | $4M | +104.5% | $17M | $0.36 | 0.5% | 2.5% |
| 2021 | -$83M | +14.7% | -$46M | $-14.66 | -15.3% | -8.4% |
| 2020 | -$97M | +82.9% | -$232M | $-17.37 | -18.9% | -45.2% |
| 2019 | -$567M | -51.6% | -$536M | $-103.02 | -59.3% | -56.1% |
| 2018 | -$374M | -555.1% | -$397M | $-68.78 | -35.2% | -37.3% |
| 2017 | -$57M | +30.4% | -$142M | $-11.57 | -7.0% | -17.3% |
| 2016 | -$82M | +31.3% | -$129M | $-17.98 | -14.0% | -22.0% |
| 2015 | -$119M | -168.5% | -$114M | $-26.56 | -11.1% | -10.6% |
| 2014 | $174M | +34.5% | $268M | $36.60 | 10.0% | 15.4% |
| 2013 | $130M | -14.4% | $210M | $27.40 | 8.5% | 13.7% |
| 2012 | $151M | +62.2% | $241M | $34.80 | 10.7% | 17.0% |
| 2011 | $93M | +289.9% | $161M | $24.98 | 8.3% | 14.2% |
| 2010 | $24M | +23.8% | $73M | $6.41 | 3.2% | 9.8% |
| 2009 | $19M | - | $50M | $5.17 | 2.9% | 7.4% |
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Intrinsic Valuation
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FET — Frequently Asked Questions
Quick answers to the most common questions about buying FET stock.
What is FET earnings per share (EPS)?
FET trailing twelve-month (TTM) diluted EPS is $-0.54, reflecting +92.6% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2009 to 2025 is available in the table on this page.
What is Forum Energy Technologies, Inc.'s net income?
Forum Energy Technologies, Inc. (FET) trailing twelve-month net income is $-6M as of 2025. Earnings grew +92.6% year-over-year.
Is FET profitable?
FET is not currently profitable on a TTM basis, reporting a net loss of $-6M. Net margin is -1.2%. Investors should monitor for a return to profitability.
What is FET's earnings growth rate?
FET compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2009 to 2025.
What are FET's profit margins?
Forum Energy Technologies, Inc. net profit margin is -1.2%, operating margin is +2.4%, and gross margin is +27.7%. Below-average margins reflect competitive or cost pressures. Return on Equity is -3.2%.
Is FET growing earnings?
Yes, FET earnings are accelerating — EPS growth of +92.6% exceeds the 5-year CAGR of N/A. TTM net income reached $-6M. Earnings momentum is strengthening.
What was FET's best earnings year?
Forum Energy Technologies, Inc.'s highest annual net income on record is $174M, achieved in fiscal year 2014. Earnings history on this page spans 2009 to 2025 and includes all annual and quarterly figures.
What were FET's earnings last quarter?
FET's most recent reported quarter was Q1 2026. Net income was $4M with diluted EPS of $0.39. For a full breakdown of all quarters, see the quarterly earnings table on this page.