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FORUM ENERGY TECHNOLOGIES, INC. (FET)

For the quarter ending 2025-03-31, FET made $193,279K in revenue. $1,642K in net income. Net profit margin of 0.85%.

Overview

Revenue
$193,279K
Net Income
$1,642K
Net Profit Margin
0.85%
EPS
$0.09
Unit: Thousand (K) dollars
Revenue Breakdown
    • Drilling and completions segment
    • Artificial lift and downhole seg...
Revenue Breakdown
    • Us
    • Ca
    • Europe and africa
    • Others
Revenue Breakdown
    • Material reconciling items
Revenue Breakdown
    • Downhole-operating segments-prod...
    • Stimulation and intervention-ope...
    • Drilling-operating segments-prod...
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-03-31
2024-09-30
2024-06-30
Revenue193,279 207,806 205,209
Cost of sales134,918 142,070 142,136
Gross profit58,361 65,736 63,073
Selling, general and administrative expenses49,383 56,326 53,691
Transaction expenses51 579 1,228
Loss (gain) on disposal of assets and other-123 85 -220
Total operating expenses49,557 56,820 55,139
Operating income8,804 8,916 7,934
Loss on extinguishment of debt- -1,839 -463
Interest expense-4,983 -7,650 -8,659
Foreign exchange losses (gains) and other, net1,068 -9,631 -3,006
Total other expense-3,915 -19,120 -12,128
Income (loss) before income taxes4,889 -10,204 -4,194
Income tax expense3,767 4,611 2,502
Net income (loss)1,122 -14,815 -6,696
Change in foreign currency translation484 14,254 621
Gain (loss) on pension liability36 25 -5
Comprehensive income (loss)1,642 -536 -6,080
Basic eps0.09 -1.2 -0.54
Diluted eps0.09 -1.2 -0.54
Basic average shares12,303,000 12,330,000 12,330,000
Diluted average shares12,568,000 12,330,000 12,330,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Revenue$193,279K Gross profit$58,361K Cost of sales$134,918K Operating income$8,804K Total operatingexpenses$49,557K Income (loss) beforeincome taxes$4,889K Total other expense-$3,915K Foreign exchange losses(gains) and other, net$1,068K Loss (gain) ondisposal of assets and...-$123K Transaction expenses$51K Selling, general andadministrative expenses$49,383K Net income (loss)$1,122K Change in foreigncurrency translation$484K Gain (loss) onpension liability$36K Income tax expense$3,767K Interest expense-$4,983K Comprehensive income (loss)$1,642K