For the year ending 2025-12-31, FET made $791,474K in revenue. -$1,865K in net income. Net profit margin of -0.24%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue | 791,474 | 816,425 | ||
| Cost of sales | 572,438 | 561,392 | ||
| Gross profit | 219,036 | 255,033 | ||
| Selling, general and administrative expenses | 199,905 | 219,325 | ||
| Transaction expenses | 546 | 7,728 | ||
| Impairment of intangible assets | 0 | 119,123 | ||
| Gain on sale-leaseback transactions | 11,182 | 4,860 | ||
| Loss (gain) on disposal of assets and other | 378 | -484 | ||
| Total operating expenses | 188,891 | 341,800 | ||
| Operating income (loss) | 30,145 | -86,767 | ||
| Interest expense | -18,312 | -31,490 | ||
| Loss on extinguishment of debt | 0 | -2,854 | ||
| Foreign exchange losses (gains) and other, net | 4,754 | -7,315 | ||
| Total other expense, net | -13,558 | -41,659 | ||
| Income (loss) before income taxes | 16,587 | -128,426 | ||
| Income tax expense | 26,247 | 6,900 | ||
| Net loss | -9,660 | -135,326 | ||
| Change in foreign currency translation | 7,501 | -8,168 | ||
| Gain on pension liability | 294 | 157 | ||
| Comprehensive loss | -1,865 | -143,337 | ||
| Basic EPS | -0.81 | -11 | ||
| Diluted EPS | -0.81 | -11 | ||
| Basic Average Shares | 11,883,000 | 12,299,000 | ||
| Diluted Average Shares | 11,883,000 | 12,299,000 | ||
FORUM ENERGY TECHNOLOGIES, INC. (FET)
FORUM ENERGY TECHNOLOGIES, INC. (FET)