FORUM ENERGY TECHNOLOGIES, INC. Income Statement
FET|14 years of annual SEC 10-K data (FY2012-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$791M
FY2025
Gross Profit
$219M
27.7% gross margin
Operating Income
$30M
FY2025
Net Income
-$10M
FY2025
FORUM ENERGY TECHNOLOGIES, INC. reported $791M in revenue and $10M in net loss for FY2025. Revenue has declined at a 4.4% compound annual rate over the past 13 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.72 (distress zone, below 1.23 threshold)
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $791.5M | $816.4M | $738.9M | $699.9M | $541.1M | $512.5M | $956.5M | $1.1B | $818.6M | $587.6M | $1.1B | $1.7B | $1.5B | $1.4B |
| Cost of Revenue | $572.4M | $561.4M | $534.7M | $511.4M | $417.7M | $523.5M | $711.7M | $807.8M | $629.8M | $487.9M | $811.0M | $1.2B | $1.0B | $951.9M |
| Gross Profit | $219.0M | $255.0M | $204.2M | $188.5M | $123.3M | -$11.0M | $244.9M | $256.4M | $188.8M | $99.7M | $262.7M | $559.5M | $475.2M | $463.1M |
| SG&A Expense | $199.9M | $219.3M | $180.4M | $179.5M | $168.9M | $197.7M | $251.7M | $287.0M | $253.7M | $227.0M | $264.9M | $312.8M | $269.7M | $225.3M |
| Operating Income | $30.1M | -$86.8M | $20.7M | $17.3M | -$44.5M | -$231.6M | -$536.1M | -$397.0M | -$141.6M | -$129.0M | -$113.7M | $268.0M | $209.6M | $240.9M |
| Interest Expense | - | - | - | - | - | - | - | - | $26.8M | $27.4M | $29.9M | $29.8M | $18.4M | $16.4M |
| Income Tax | $26.2M | $6.9M | $11.1M | $6.6M | $642.0K | -$12.9M | -$1.8M | -$15.7M | $4.1M | -$56.1M | -$14.9M | $68.1M | $56.5M | $71.3M |
| Net Income | -$9.7M | -$135.3M | -$18.9M | $3.7M | -$82.7M | -$96.9M | -$567.1M | -$374.1M | -$59.4M | -$82.0M | -$119.4M | $174.4M | $129.5M | $151.5M |
| EPS (Basic) | -$11.00 | -$1.85 | $0.65 | -$14.65 | -$17.37 | -$103.01 | -$0.60 | -$0.90 | -$1.33 | $1.88 | $1.43 | $1.89 | $1.48 | $0.44 |
| EPS (Diluted) | -$11.00 | -$1.85 | $0.62 | -$14.65 | -$17.37 | -$103.01 | -$0.60 | -$0.90 | -$1.33 | $1.83 | $1.37 | $1.74 | $1.38 | $0.44 |
| Shares Outstanding | 12.3M | 10.2M | 6.0M | 5.6M | 5.6M | 5.5M | 98.7M | 91.2M | 89.9M | 95.3M | 94.6M | 86.9M | 67.5M | 54.3M |
| Gross Margin | 27.7% | 31.2% | 27.6% | 26.9% | 22.8% | -2.1% | 25.6% | 24.1% | 23.1% | 17.0% | 24.5% | 32.2% | 31.2% | 32.7% |
| Operating Margin | 3.8% | -10.6% | 2.8% | 2.5% | -8.2% | -45.2% | -56.0% | -37.3% | -17.3% | -21.9% | -10.6% | 15.4% | 13.7% | 17.0% |
| Profit Margin | -1.2% | -16.6% | -2.5% | 0.5% | -15.3% | -18.9% | -59.3% | -35.1% | -7.3% | -14.0% | -11.1% | 10.0% | 8.5% | 10.7% |