← FORUM ENERGY TECHNOLOGIES, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $587.6m |
$818.6m
+39.31%
|
$1.1b
+30.00%
|
$956.5m
-10.12%
|
$512.5m
-46.42%
|
$541.1m
+5.58%
|
$699.9m
+29.36%
|
$738.9m
+5.57%
|
$816.4m
+10.50%
|
$791.5m
-3.06%
|
$833.3m
+5.29%
|
|
| Cost of Revenue | $487.9m |
$629.8m
+29.09%
|
$807.8m
+28.26%
|
$711.7m
-11.90%
|
$523.5m
-26.44%
|
$417.7m
-20.20%
|
$511.4m
+22.42%
|
$534.7m
+4.56%
|
$561.4m
+4.99%
|
$572.4m
+1.97%
|
$599.7m
+4.76%
|
|
| Gross Profit | $99.7m |
$188.8m
+89.29%
|
$256.4m
+35.80%
|
$244.9m
-4.49%
|
($11.0m)
-104.50%
|
$123.3m
+1219.15%
|
$188.5m
+52.85%
|
$204.2m
+8.29%
|
$255.0m
+24.92%
|
$219.0m
-14.11%
|
$233.7m
+6.68%
|
|
| Selling, General and Administrative Expense | $227.0m | $253.7m | $287.0m | $251.7m | $197.7m | $168.9m | $179.5m | $180.4m | $219.3m | $199.9m | $199.6m | |
| Amortization of Intangible Assets | $26.1m | $30.7m | $41.4m | $32.6m | $26.5m | $25.1m | $24.5m | $23.9m | $36.8m | $19.9m | — | |
| Operating Expenses | $230.5m | $331.4m | $653.5m | $780.7m | $220.6m | $167.8m | $171.2m | $183.4m | $341.8m | $188.9m | $199.6m | |
| Operating Income (Loss) | ($129.0m) |
($141.6m)
-9.80%
|
($397.0m)
-180.38%
|
($536.1m)
-35.05%
|
($231.6m)
+56.80%
|
($44.5m)
+80.79%
|
$17.3m
+138.94%
|
$20.7m
+19.57%
|
($86.8m)
-518.84%
|
$30.1m
+134.74%
|
$34.1m
+12.98%
|
|
| Interest Expense | $27.4m | $26.8m | — | — | — | — | — | — | — | — | $17.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $21.3m | ($7.3m) | $6.3m | ($5.0m) | ($6.5m) | ($217k) | $24.5m | ($10.2m) | ($7.3m) | $4.8m | — | |
| Income (Loss) from Equity Method Investments | $1.8m | $1.0m | $140k | ($318k) | $0 | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($9.0m) | $86.3m | $7.2m | ($32.7m) | $121.9m | ($37.5m) | ($7.0m) | ($28.5m) | ($41.7m) | ($13.6m) | — | |
| Other Expenses | — | — | — | — | — | — | — | $2.9m | $7.7m | $546k | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | ($32.5m) | ($31.6m) | ($30.3m) | ($32.0m) | ($31.5m) | ($18.3m) | ($31.5m) | ($18.3m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($155.1m) | ($3.0m) | ($285.1m) | ($532.4m) | ($106.8m) | ($98.4m) | ($43.6m) | ($43.5m) | ($170.9m) | ($43.2m) | $21.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | ($82.0m) | $10.3m | ($7.8m) | ($128.4m) | $16.6m | $21.2m | |
| Current Income Tax Expense (Benefit) | ($31.6m) | $4.0m | ($2.1m) | $11.2m | ($12.7m) | ($2.1m) | $6.8m | $11.3m | $24.5m | $20.9m | $22.8m | |
| Income Tax Expense (Benefit) | ($56.1m) | $4.1m | ($15.7m) | ($1.8m) | ($12.9m) | $642k | $6.6m | $11.1m | $6.9m | $26.2m | $22.8m | |
| Net Income (Loss) Attributable to Parent | ($82.0m) |
($59.4m)
+27.54%
|
($374.1m)
-529.76%
|
($567.1m)
-51.59%
|
($96.9m)
+82.91%
|
($82.7m)
+14.70%
|
$3.7m
+104.49%
|
($18.9m)
-608.51%
|
($135.3m)
-616.92%
|
($9.7m)
+92.86%
|
($1.6m)
+83.61%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $30k | $0 | $0 | — | — | — | — | — | — | — | ($1.6m) | |
| Earnings Per Share, Basic | ($0.90) | ($0.60) | ($3.44) | ($5.15) | ($17.37) | ($14.65) | $0.65 | ($1.85) | ($11.00) | ($0.81) | ($0.03) | |
| Earnings Per Share, Diluted | ($0.90) | ($0.60) | ($3.44) | ($5.15) | ($17.37) | ($14.65) | $0.62 | ($1.85) | ($11.00) | ($0.81) | ($0.07) | |
| Weighted Average Number of Shares Outstanding, Basic | 91.2m | 98.7m | 108.8m | 110.1m | 5.6m | 5.6m | 5.7m | 10.2m | 12.3m | 11.9m | 11.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 91.2m | 98.7m | 108.8m | 110.1m | 5.6m | 5.6m | 6.0m | 10.2m | 12.3m | 11.9m | 11.5m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $865k | $6.5m | $3.4m | $1.2m | $3.1m | — | — | — | $7.7m | — | — | |
| Goodwill, Impairment Loss | $0 | $68.0m | $298.8m | $471.0m | — | — | — | — | — | — | $0 |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.