Filing Flows › Forum Energy Technologies (FET) › Q2 2026 › vs Q1 2026
Forum Energy Technologies (FET) Q2 2026 vs Q1 2026 (quarter over quarter)
Forum Energy Technologies's revenue rose $17.5M (+8%) from $209M in Q1 2026 to $226M in Q2 2026. Gross margin 31.5% against 29.2% (+2.3 pts).
Forum Energy Technologies, Q2 2026: revenue $226M (+13% year over year), operating margin 9.1%, net earnings $12.4M, operating cash flow $12.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 31.5% | 29.2% | +2.3 pts |
| Operating margin | 9.1% | 5.3% | +3.8 pts |
| Net margin | 5.5% | 2.2% | +3.3 pts |
| Free cash flow margin | 4.2% | 0.7% | +3.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $226M | $209M | $17.5M | +8% |
| Gross profit | $71.4M | $61.0M | $10.4M | +17% |
| Cost of revenue | $155M | $148M | $7.2M | +5% |
| Operating profit | $20.5M | $11.0M | $9.5M | +86% |
| Operating expenses | $50.8M | $50.0M | $859K | +2% |
| Pre-tax earnings | $16.0M | $7.4M | $8.6M | +117% |
| Other expense, net | $4.5M | $3.6M | $880K | +24% |
| Net earnings | $12.4M | $4.5M | $7.9M | +176% |
| Income tax | $3.6M | $2.9M | $707K | +24% |
| Depreciation & amortization | $7.5M | $7.8M | −$270K | -3% |
| Share-based compensation | $2.6M | $2.5M | $96K | +4% |
| Working capital & other | $10.1M | $13.2M | −$3.1M | -23% |
| Operating cash flow | $12.4M | $1.6M | $10.8M | +664% |
| Free cash flow (OCF − capex) | $9.5M | $1.4M | $8.1M | +593% |
| Capital expenditures | $2.9M | $256K | $2.7M | 11× |
Questions
How much did Forum Energy Technologies's revenue grow quarter over quarter in Q2 2026?
Forum Energy Technologies's revenue rose $17.5M (+8%) from $209M in Q1 2026 to $226M in Q2 2026. Gross margin 31.5% against 29.2% (+2.3 pts).