Filing Flows › Forum Energy Technologies (FET) › Q3 2026 › vs Q2 2026
Forum Energy Technologies (FET) Q3 2026 vs Q2 2026 (quarter over quarter)
Forum Energy Technologies's revenue rose $10.6M (+5%) from $226M in Q2 2026 to $237M in Q3 2026. Gross margin 31.4% against 31.5% (-0.1 pts).
Forum Energy Technologies, Q3 2026: revenue $237M (+21% year over year), operating margin 8.4%, net earnings $11.2M, operating cash flow $32.0M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 31.4% | 31.5% | -0.1 pts |
| Operating margin | 8.4% | 9.1% | -0.6 pts |
| Net margin | 4.7% | 5.5% | -0.7 pts |
| Free cash flow margin | 12.8% | 4.2% | +8.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $237M | $226M | $10.6M | +5% |
| Gross profit | $74.4M | $71.4M | $3.1M | +4% |
| Cost of revenue | $162M | $155M | $7.5M | +5% |
| Operating profit | $20.0M | $20.5M | −$546K | -3% |
| Operating expenses | $54.5M | $50.8M | $3.6M | +7% |
| Pre-tax earnings | $15.2M | $16.0M | −$825K | -5% |
| Other expense, net | $4.8M | $4.5M | $279K | +6% |
| SG&A | $53.3M | $50.3M | $3.0M | +6% |
| Other operating costs | $1.2M | $585K | $588K | +101% |
| Net earnings | $11.2M | $12.4M | −$1.2M | -9% |
| Income tax | $4.0M | $3.6M | $352K | +10% |
| Depreciation & amortization | $7.2M | $7.5M | −$291K | -4% |
| Share-based compensation | $2.6M | $2.6M | −$45K | -2% |
| Working capital & other | $11.0M | −$10.1M | $21.1M | — |
| Operating cash flow | $32.0M | $12.4M | $19.6M | +158% |
| Free cash flow (OCF − capex) | $30.3M | $9.5M | $20.8M | +219% |
| Capital expenditures | $1.7M | $2.9M | −$1.2M | -41% |
Questions
How much did Forum Energy Technologies's revenue grow quarter over quarter in Q3 2026?
Forum Energy Technologies's revenue rose $10.6M (+5%) from $226M in Q2 2026 to $237M in Q3 2026. Gross margin 31.4% against 31.5% (-0.1 pts).