For the quarter ending 2025-09-30, FET made $196,231K in revenue. -$24,866K in net income. Net profit margin of -12.67%.
| Income Statement | 2025-09-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenue | 196,231 | 193,279 | 201,705 | 207,806 |
| Cost of sales | 155,994 | 134,918 | 138,593 | 142,070 |
| Gross profit | 40,237 | 58,361 | 63,112 | 65,736 |
| Selling, general and administrative expenses | 50,449 | 49,383 | 54,654 | 56,326 |
| Transaction expenses | 254 | 51 | 2,961 | 579 |
| Impairment of intangible assets | - | - | 29,781 | - |
| Gain on sale-leaseback transactions | 4,279 | - | 1,215 | - |
| Loss (gain) on disposal of assets and other | 81 | -123 | 28,392 | 85 |
| Total operating expenses | 46,343 | 49,557 | 114,921 | 56,820 |
| Operating income (loss) | -6,106 | 8,804 | -51,808 | 8,916 |
| Interest expense | -4,365 | -4,983 | -7,590 | -7,650 |
| Foreign exchange losses (gains) and other, net | -9 | 1,068 | 2,661 | -9,631 |
| Loss on extinguishment of debt | 0 | - | -276 | -1,839 |
| Total other expense | -4,374 | -3,915 | -5,205 | -19,120 |
| Income (loss) before income taxes | -10,480 | 4,889 | -57,014 | -10,204 |
| Income tax expense | 10,074 | 3,767 | -106 | 4,611 |
| Net loss | -20,554 | 1,122 | -56,907 | -14,815 |
| Change in foreign currency translation | -4,308 | 484 | -11,521 | 14,254 |
| Gain (loss) on pension liability | -4 | 36 | 69 | 25 |
| Comprehensive loss | -24,866 | 1,642 | -68,360 | -536 |
| Basic (in shares) | 11,682,000 | 12,303,000 | -6,180,500 | 12,330,000 |
| Basic (in usd per share) | -1.76 | 0.09 | -4.63 | -1.2 |
| Diluted (in shares) | 11,682,000 | 12,568,000 | -6,180,500 | 12,330,000 |
| Diluted (in usd per share) | -1.76 | 0.09 | -4.63 | -1.2 |
FORUM ENERGY TECHNOLOGIES, INC. (FET)
FORUM ENERGY TECHNOLOGIES, INC. (FET)