HIGHBuilt-inProduct / Revenue mix
80%
consumable products and activity-based equipment
“10-K Item 1: 'approximately 80% of our revenue was derived from consumable products and activity-based equipment'”
FET · Concentration risk · 10-K extracted
Forum Energy Technologies (FET) concentration risks
Updated
The most significant concentration Forum Energy Technologies discloses is consumable products and activity-based equipment at 80%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Forum Energy Technologies’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH1
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partySupplier
limited-source component and raw material suppliers
“10-K Item 1: 'Certain of our component parts, products or raw materials are only available from a limited number of suppliers.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Forum Energy Technologies' concentration risk is primarily structural, with a supply-side dependency layered underneath. Approximately 80% of revenue was derived from consumable products and activity-based equipment, a structural exposure disclosed at a high share — meaning the large majority of the business's revenue mix runs through this one product category rather than being spread across a broader, more diversified equipment and services base. Underneath that, certain component parts, products, or raw materials are only available from a limited number of suppliers, a dependency-type exposure at a medium disclosed share. These two exposures compound in one direction: a revenue base heavily weighted toward consumables and activity-based equipment also depends on a limited supplier base for some of the inputs behind those very products, meaning a disruption on the supply side would flow directly into the category generating most of revenue. The product-mix concentration is the more consequential of the two given its high disclosed share, while the supplier dependency is a secondary, moderate risk layered on top. Net, Forum's disclosed concentration is a structural revenue-mix story reinforced by a supply constraint underneath it, rather than a customer- or geography-driven exposure.
For the engine’s reasoning on FET’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Oil & Gas Equipment & Services
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AROC | Archrock, Inc. | 2 | 1 | 0 | 3 |
| AESI | Atlas Energy Solutions Inc. | 1 | 2 | 0 | 3 |
| FET● | Forum Energy Technologies, Inc. | 1 | 1 | 0 | 2 |
| BKR | Baker Hughes Company | 1 | 0 | 0 | 1 |
| ACDC | ProFrac Holding Corp. | 0 | 3 | 0 | 3 |
| CLB | Core Laboratories Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.