Flagship explainer

How FORUM ENERGY TECHNOLOGIES, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$791M · 100%Cost of revenue$572M · 72%Gross profit$219M · 28%Operating income$30.1M · 4%Income before tax$16.6M · 2%Income tax$26.2M · 3%Net income−$9.7M · −1%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$791M100%
Cost of revenue$572M72%
$219M28%
$30.1M4%
Income before tax$16.6M2%
Income tax$26.2M3%
−$9.7M−1%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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