Similar companies
Income Statement (USD)
| Q1 '26 | QoQ | |
|---|---|---|
| Revenue | 209M | 3.2% |
| Gross Profit | 61M | 0.1% |
| Cost of Revenue | 148M | 4.7% |
| Operating expense | 50M | 15.7% |
| Net Income | 4.5M | 116.8% |
| EBITDA | 19M | 38.3% |
Balance Sheet (USD)
| Q1 '26 | QoQ | |
|---|---|---|
| Total Assets | 763M | 1.4% |
| Total Liabilities | 482M | 4.6% |
| Total Equity | 281M | 3.6% |
| Shares Outstanding | 12M | 3.7% |
Cash Flow (USD)
| Q1 '26 | QoQ | |
|---|---|---|
| Cash from operations | 1.6M | 92.7% |
| Cash from investing | -250,000 | 64.8% |
| Cash from financing | 1.9M | 109.7% |
EPS
Financial Highlights for Forum Energy Technologies in Q1 '26
Forum Energy Technologies reported a revenue of 209M, which is a 3.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 61M, marking a -0.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 148M, a 4.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 50M, showing a -15.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 4.5M, showing a 116.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 19M, showing a -38.3% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Forum Energy Technologies faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
