← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $587.6m | $818.6m | $1.1b | $956.5m | $512.5m | $541.1m | $699.9m | $738.9m | $816.4m | $791.5m | |
| Cost of Revenue | $487.9m | $629.8m | $807.8m | $711.7m | $383.8m | $417.7m | $511.4m | $534.7m | $561.4m | $572.4m | |
| Gross Profit | $99.7m | $188.8m | $256.4m | $244.9m | ($11.0m) | $123.3m | $188.5m | $204.2m | $255.0m | $219.0m | |
| Operating Expenses | $230.5m | $331.4m | $653.5m | $780.7m | $220.6m | $167.8m | $171.2m | $183.4m | $341.8m | $188.9m | |
| Operating Income (Loss) | ($129.0m) | ($141.6m) | ($397.0m) | ($536.1m) | ($231.6m) | ($44.5m) | $17.3m | $20.7m | ($86.8m) | $30.1m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $26.1m | $30.7m | $41.4m | $32.6m | $26.5m | $25.1m | $24.5m | $23.9m | $36.8m | $19.9m | |
| 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 | |
| Goodwill, Impairment Loss | $0 | $68.0m | $298.8m | $471.0m | — | — | — | — | — | — | |
| 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) | |
| Income (Loss) from Equity Method Investments | $1.8m | $1.0m | $140k | ($318k) | $0 | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | ($82.0m) | $10.3m | ($7.8m) | ($128.4m) | $16.6m | |
| Net Income (Loss) Attributable to Parent | ($82.0m) | ($59.4m) | ($374.1m) | ($567.1m) | ($96.9m) | ($82.7m) | $3.7m | ($18.9m) | ($135.3m) | ($9.7m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $30k | $0 | $0 | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | ($0.90) | ($0.60) | ($3.44) | ($5.15) | ($17.37) | ($14.65) | $0.65 | ($1.85) | ($11.00) | ($0.81) | |
| Earnings Per Share, Diluted | ($0.90) | ($0.60) | ($3.44) | ($5.15) | ($17.37) | ($14.65) | $0.62 | ($1.85) | ($11.00) | ($0.81) | |
| 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 | |
| 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 | |
| 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 | |
| Business Combination, Acquisition Related Costs | $865k | $6.5m | $3.4m | $1.2m | $3.1m | — | — | — | $7.7m | — | |
| 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 | |
| Interest Expense | $27.4m | $26.8m | — | — | — | — | — | — | — | — | |
| 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 | |
| Income Tax Expense (Benefit) | ($56.1m) | $4.1m | ($15.7m) | ($1.8m) | ($12.9m) | $642k | $6.6m | $11.1m | $6.9m | $26.2m | |
| Interest Income (Expense), Nonoperating, Net | — | — | ($32.5m) | ($31.6m) | ($30.3m) | ($32.0m) | ($31.5m) | ($18.3m) | ($31.5m) | ($18.3m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.