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Forum Energy Technologies, Inc. revenue

Forum Energy Technologies, Inc.'s revenue was $791m in fiscal 2025, down 3.1% on the year before. Since fiscal 2010 ($747m) it has grown at a compound 0.4% a year. Over the last twelve months it was $874m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue7471,1281,4151,5251,7401,0745888191,064957512541700739816791874
Growth on the year before—+51.0%+25.4%+7.8%+14.1%−38.3%−45.3%+39.3%+30.0%−10.1%−46.4%+5.6%+29.4%+5.6%+10.5%−3.1%—
Gross profit214362463475559263100189256245−11123189204255219268
Gross margin28.7%32.1%32.7%31.2%32.2%24.5%17.0%23.1%24.1%25.6%−2.2%22.8%26.9%27.6%31.2%27.7%30.6%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Drilling and Completions $477M 60.3% ▲ 1.4%
Artificial Lift and Downhole $315M 39.7% ▼ 8.9%

From Forum Energy Technologies, Inc.'s 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Oil & Gas Equipment & Services: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Forum Energy Technologies, Inc. $874m 10.6% 5.5%
Team Inc $894m 2.6% 0.8%
North American Construction Group Ltd. $919m 8.0% 26.2%
Solaris Energy Infrastructure, Inc. $762m 70.5% 31.4%
Atlas Energy Solutions Inc. $1.07bn -8.1% 20.7%
Tetra Technologies Inc $657m 6.1% 1.9%

Compare with peers

Head to head: FET vs TISIFET vs NOAFET vs SEI

More: Oil & Gas Equipment & Services stocks compared, Energy sector, rankings of US companies

Figures from Forum Energy Technologies, Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Forum Energy Technologies, Inc.