State Ledger
Company profile

FORUM ENERGY TECHNOLOGIES, INC. CIK 1401257

Ticker
FET (NYSE)
Industry
Oil & Gas Field Machinery & Equipment
Headquarters
Houston, TX 77064
Fiscal year end
2025 (FY)
Market Data
Close
$85.14
Change
-$0.62
Change %
-0.72%
Volume
8,358

FET · trading date Oct 13, 2026 · previous close $85.76 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$791.47M
Net income
-$9.66M
Total assets
$752.46M
Total liabilities
$461.31M
Stockholders' equity
$291.14M
Cash & equivalents
$34.66M
Operating income
$30.15M
Operating cash flow
$70.40M
Capital expenditures
$6.02M

Fiscal year 2025, via 10-K filed 2026-02-27. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
3.8%
Net margin
-1.2%
Free cash flow
$64.39M
Free cash flow margin
8.1%
Liabilities / assets
61.3%
Equity / assets
38.7%
CapEx / revenue
0.8%
Operating cash flow / net income
-7.29×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $791.47M -$9.66M $752.46M $461.31M $291.14M
2024 $816.43M -$135.33M $815.95M $496.05M $319.90M
2023 $738.86M -$18.88M $821.06M $408.43M $412.63M
2022 $699.91M $3.71M $834.76M $527.72M $307.04M
2021 $541.07M -$82.65M $791.34M $462.21M $329.13M
Company Details
SIC code
3533
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 8-K
2026-08-31
Financials filed via
Form 10-K
filed 2026-02-27

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Houston, TX 77064
10344 SAM HOUSTON PARK DRIVE
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:56 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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