No profile data available.
Forum Energy Technologies, Inc. (FET) is an energy company in the petroleum extraction tool production industry, based in Houston, United States, with about 1,700 full-time employees.
It reported revenue of $791.47 million for fiscal year 2025, down 3.1% from fiscal year 2024, and net income of -$9.66 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $226.22 million, up 13.2% from a year before. Its largest business segment, Drilling and Completions, brought in 60% of segment revenue in fiscal year 2025; United States was the largest region with 51%. Its market capitalization was $951.55 million as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole.
Forum Energy Technologies reported $791.47 million in revenue for fiscal year 2025, down 3.1% from $816.43 million in fiscal year 2024. In Q2 2026 revenue was $226.22 million.
Drilling and Completions, with $477.19 million or 60% of segment revenue in fiscal year 2025. Next: Artificial Lift and Downhole (40%).
United States: 51% of revenue by region in fiscal year 2025, followed by Canada (17%).
$951.55 million as of October 9, 2026.
Listed companies of a similar size in the same industry (petroleum extraction tool production) include Cactus, Inc. (WHD), Enerflex Ltd. (EFXT), Innovex International, Inc. (INVX), Oil States International, Inc. (OIS).