Latest revenue
$-170.0K
as of 2026-03-31
Latest net income
$4.5M
as of 2026-03-31
Net margin
-2642.4%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $645.5M
- Enterprise value
- $645.5M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $65.43
- 52-wk low
- $14.44
- Beta
- —
- Shares out
- 11.3M
5-year trend
What this company does
Table of Contents PART I Item 1. Business Forum Energy Technologies, Inc., a Delaware corporation (the “Company,” “FET,” “we,” “our” or “us”), is a global manufacturing company serving the oil, natural gas, industrial and renewable energy industries. Our common shares are listed on the New York Stock Exchange (“NYSE”) under the symbol “FET.” Our principal executive offices are located at 10344 Sam Houston Park Drive, Houston, Texas 77064, our telephone number is (713) 351-7900, and our website is www.f-e-t.com. Our Annual Reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, and all amendments thereto, are available free of charge in the “Investors” section…
AI summary unavailable — showing raw filing excerpt
Generated from FET's filing dated 2024-03-05
Key risks
Table of Contents Item 1A. Risk Factors The following summarizes the principal factors that make an investment in our company speculative or risky, all of which are more fully described in the Risk Factors section below. This summary should be read in conjunction with the Risk Factors section and should not be relied upon as an exhaustive summary of the material risks facing our business. Risks Related to our Business and Operations: •The success of our business largely depends on activity levels in the oil and natural gas industry, which can be affected by the amount and volatility of oil and natural gas prices. •The markets in which we operate are highly competitive, including some…
AI summary unavailable — showing raw filing excerpt
Generated from FET's filing dated 2024-03-05
Profitability
Gross margin
27.7%
11.4%Operating margin
3.8%
135.8%Net margin
-1.2%
92.6%Return on equity
-3.3%
92.2%Return on assets
-1.3%
92.3%Leverage
Debt / equity
1.58×
2.2%Long-term debt / equity
0.46×
20.8%Debt / assets
61.3%
0.8%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $-170.0K | -238.2% | $4.5M | +300.4% | — |
Q4 2025 2025-12-31 | $791.2M | -3.1% | $-6.8M | +93.5% | -0.9% |
Q3 2025 2025-09-30 | $-81.0K | +4.7% | $-11.7M | +20.8% | — |
Q2 2025 2025-06-30 | $207.0K | +7.8% | $7.7M | +215.0% | 3719.8% |
Q1 2025 2025-03-31 | $123.0K | +539.3% | $1.1M | +110.9% | 912.2% |
Q4 2024 2024-12-31 | $816.3M | — | $-103.5M | — | -12.7% |
Q3 2024 2024-09-30 | $-85.0K | -162.0% | $-14.8M | -606.8% | — |
Q2 2024 2024-06-30 | $192.0K | -31.9% | $-6.7M | -1.8% | -3487.5% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Oil & Gas Field Machinery & Equipment · SIC 3533
Your notes
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Insider activity
Insider buying
$0
Insider selling
$430.0K
Net activity
−$430.0K
Distinct insiders
2
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns FET
Institutional value
$252.0M
Total shares held
4.7M
Distinct holders
104
-28 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 884.5K | $51.9M | +11.1K (+1.3%) | Added |
| 2 | DIMENSIONAL FUND ADVISORS LP | 626.9K | $36.8M | +33.8K (+5.7%) | Added |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 495.7K | $29.1M | — | New |
| 4 | Allspring Global Investments Holdings, LLC | 240.3K | $14.0M | -54.9K (-18.6%) | Trimmed |
| 5 | De Lisle Partners LLP | 219.4K | $12.9M | +3.0K (+1.4%) | Added |
| 6 | Nuveen, LLC | 170.6K | $10.0M | +140.6K (+469.1%) | Added |
| 7 | JPMORGAN CHASE & CO | 168.2K | $9.6M | -80.5K (-32.4%) | Trimmed |
| 8 | Hillsdale Investment Management Inc. | 130.9K | $7.7M | — | New |
| 9 | JANE STREET GROUP, LLC | 130.8K | $7.7M | +20.6K (+18.7%) | Added |
| 10 | VANGUARD PORTFOLIO MANAGEMENT LLC | 114.9K | $6.7M | — | New |
| 11 | VANGUARD FIDUCIARY TRUST CO | 74.2K | $4.4M | — | New |
| 12 | O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 73.5K | $4.3M | +26.5K (+56.4%) | Added |
| 13 | SEI INVESTMENTS CO | 69.5K | $4.1M | +35.4K (+103.8%) | Added |
| 14 | Icon Wealth Advisors, LLC | 58.4K | $3.8M | +0 (+0.0%) | No change |
| 15 | Walleye Capital LLC | 55.6K | $3.3M | — | New |
| 16 | Invesco Ltd. | 55.4K | $3.3M | -44.8K (-44.7%) | Trimmed |
| 17 | RITHOLTZ WEALTH MANAGEMENT | 54.3K | $3.2M | +21.9K (+67.8%) | Added |
| 18 | FRANKLIN RESOURCES INC | 52.0K | $3.0M | — | New |
| 19 | Bank of New York Mellon Corp | 48.5K | $2.8M | -6.5K (-11.8%) | Trimmed |
| 20 | Connor, Clark & Lunn Investment Management Ltd. | 47.3K | $2.8M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once FET's latest filing finishes processing.