FET · XBRL financial data

Forum Energy Technologies financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (FET's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue from contracts with customers	185*	202	205	208	201*	193	200	196	202*	209	226	237
Cost of goods and services sold	135*	139	142	142	139*	135	140	156	141*	148	155	162
Gross profit	50*	64	63	66	62*	58	59	40	61*	61	71	74
Selling, general and administrative	45*	55	54	56	55*	49	51	50	49*	50	50	53
Total operating expenses	48*	61	55	57	169*	50	45	46	48*	50	51	54
Operating income (loss)	2*	3	8	9	(107)*	9	15	(6)	13*	11	21	20
Income tax expense (benefit)	5*	4	3	5	(4)*	4	6	10	6*	3	4	4
Net income (loss)	(17)*	(10)	(7)	(15)	(104)*	1	8	(21)	2*	4	12	11
Earnings per share, basic USD per share	(1.64)*	(0.85)	(0.54)	(1.20)	(8.39)*	0.09	0.62	(1.76)	—	0.40	1.10	0.98
Earnings per share, diluted USD per share	(1.67)*	(0.85)	(0.54)	(1.20)	(8.39)*	0.09	0.61	(1.76)	—	0.39	1.05	0.93
Weighted average shares, basic millions of shares	10*	12	12	12	12*	12	12	12	11*	11	11	11
Weighted average shares, diluted millions of shares	10*	12	12	12	12*	13	13	12	11*	12	12	12

Fiscal quarters (FET's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	46	48	32	33	45	31	39	32	35	37	34	35
Accounts receivable	147	162	164	163	154	154	155	147	142	155	174	178
Inventory	300	303	291	287	265	264	260	248	239	236	233	245
Prepaid and other current assets	22	21	20	23	19	18	19	16	23	22	26	25
Total current assets	530	547	521	524	496	479	488	459	449	464	484	499
Right-of-use asset	55	55	53	54	70	68	78	81	81	83	81	80
Goodwill	0	63	63	66	62	62	65	64	65	64	63	77
Total assets	821	1,021	977	974	816	790	810	770	752	763	771	808
Accounts payable	126	108	111	117	110	107	106	114	95	115	119	133
Accrued liabilities	62	65	62	71	77	71	70	69	76	64	67	82
Current portion of long-term debt	1	5	7	69	2	2	2	1	1	1	1	1
Total current liabilities	204	193	194	271	202	195	202	210	207	209	221	244
Long-term debt	130	282	246	162	187	170	158	139	135	152	142	127
Lease liability, non-current	61	60	58	58	73	71	80	85	84	86	84	82
Total liabilities	408	575	535	530	496	470	476	473	461	482	481	490
Accumulated deficit	(699)	(710)	(716)	(731)	(835)	(834)	(826)	(847)	(844)	(840)	(828)	(816)
Total stockholders' equity	413	446	442	444	320	320	334	297	291	281	290	318
Total liabilities and equity	821	1,021	977	974	816	790	810	770	752	763	771	808
Common shares outstanding (cover page) millions of shares	12	12	12	12	12	12	12	11	11	11	11	11

Fiscal quarters (FET's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	(17)*	(10)	(7)	(15)	(104)*	1	8	(21)	2*	4	12	11
Stock-based compensation	1*	2	2*	2*	2*	2	2*	3*	3*	3	3*	3*
Depreciation and amortization	year only	—	—	—	year only	—	—	—	year only	—	—	—
Net cash from operating activities	11*	5	23*	26*	39*	9	16*	23*	22*	2	12*	32*
Purchases of property and equipment	2*	3	1*	1*	2*	2	1*	1*	2*	0	3*	2*
Net cash from investing activities	(2)*	(153)	(2)*	(1)*	18*	(2)	7*	5*	(1)*	(0)	(3)*	(14)*
Share repurchases	0*	0	0*	0*	0*	2	4*	15*	13*	5	3*	1*
Net cash from financing activities	(1)*	152	(37)*	(25)*	(44)*	(21)	(16)*	(35)*	(19)*	2	(13)*	(17)*
Net change in cash	9*	2	(17)*	1*	11*	(14)	8*	(7)*	3*	3	(4)*	1*

SIC 3533 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3533 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Forum Energy Technologies	35	237	32*	11.5M	—	Q3 FY26 10-QSep 30, 2026
Oil States International	23	170	5.3*	59.8M	—	Q3 FY26 10-QSep 30, 2026
HMH Holding	120	not reported	not reported	not reported	—	Q2 FY26 10-QJun 30, 2026
Flowco Holdings	19	236	95*	not reported	—	Q2 FY26 10-QJun 30, 2026
Manitowoc	96	595	8*	36.1M	—	Q2 FY26 10-QJun 30, 2026
Gencor Industries	26	not reported	(17)*	not reported	9.9 quarters	Q3 FY26 10-QJun 30, 2026
Columbus McKinnon	111	539	(4.6)*	28.9M	—	Q2 FY27 10-QSep 30, 2026
Hyster-Yale	73	813	17*	not reported	—	Q2 FY26 10-QJun 30, 2026
Aebi Schmidt Holding	110	496	7.1*	77.6M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.