Filing Flows › Forum Energy Technologies (FET) › Q2 2026 › vs Q2 2025
Forum Energy Technologies (FET) Q2 2026 vs Q2 2025 (year over year)
Forum Energy Technologies's revenue rose $26.5M (+13%) from $200M in Q2 2025 to $226M in Q2 2026. Gross margin 31.5% against 29.7% (+1.8 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 31.5% | 29.7% | +1.8 pts |
| Operating margin | 9.1% | 7.4% | +1.7 pts |
| Net margin | 5.5% | 3.9% | +1.6 pts |
| Free cash flow margin | 4.2% | 7.4% | -3.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $226M | $200M | $26.5M | +13% |
| Gross profit | $71.4M | $59.4M | $12.0M | +20% |
| Cost of revenue | $155M | $140M | $14.5M | +10% |
| Operating profit | $20.5M | $14.7M | $5.8M | +40% |
| Operating expenses | $50.8M | $44.7M | $6.2M | +14% |
| Pre-tax earnings | $16.0M | $13.9M | $2.1M | +15% |
| Other expense, net | $4.5M | $764K | $3.7M | +489% |
| Net earnings | $12.4M | $7.7M | $4.7M | +61% |
| Income tax | $3.6M | $6.2M | −$2.6M | -42% |
| Depreciation & amortization | $7.5M | $9.1M | −$1.5M | -17% |
| Share-based compensation | $2.6M | $1.8M | $844K | +48% |
| Working capital & other | $10.1M | $2.8M | $7.4M | +265% |
| Operating cash flow | $12.4M | $15.8M | −$3.3M | -21% |
| Free cash flow (OCF − capex) | $9.5M | $14.8M | −$5.3M | -36% |
| Capital expenditures | $2.9M | $951K | $2.0M | +208% |
Questions
How much did Forum Energy Technologies's revenue grow year over year in Q2 2026?
Forum Energy Technologies's revenue rose $26.5M (+13%) from $200M in Q2 2025 to $226M in Q2 2026. Gross margin 31.5% against 29.7% (+1.8 pts).