Welcome to our dedicated page for Forum Energy Technologies SEC filings (Ticker: FET), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Forum Energy Technologies, Inc. filings document a public manufacturing company with common stock traded under the FET symbol and operations tied to oil, natural gas, defense, and renewable energy markets. Its 8-K reports include quarterly earnings releases, segment performance disclosures, and reconciliations for non-GAAP measures such as EBITDA, adjusted EBITDA, adjusted operating income, adjusted net income, free cash flow, book-to-bill ratio, and net leverage ratio.
The company’s SEC filings also cover material definitive agreements, including amendments to its senior secured asset-based lending credit facility, related debt-obligation disclosures, proxy materials for annual stockholder meetings, director elections and appointments, board committee matters, executive compensation, equity awards, governance policies, and stockholder voting items.
Forum Energy Technologies submitted a Form 144 notice to sell 3,000 shares of Common Stock on 05/13/2026. The filing lists multiple historical stock bonus grant dates and amounts tied to compensatory payments. The excerpt catalogs award dates from 02/20/2017 through 02/16/2021.
Forum Energy Technologies reported fourth quarter 2025 revenue of $202.2 million with net income of $2.1 million, or $0.17 per diluted share. Adjusted net income was $5.0 million, or about $0.41 per diluted share, and adjusted EBITDA reached $23 million.
For full year 2025, revenue was $791.5 million and the company posted a net loss of $9.7 million, while adjusted EBITDA was $86.4 million. Operating cash flow was $70 million and free cash flow before acquisitions was about $80 million, helping fund repurchases of 1.4 million shares, or 11% of shares outstanding, for $35 million and reduce net debt to a 1.2x net leverage ratio.
For 2026, the company guides revenue of $800–$880 million, adjusted net income of $18–$38 million, adjusted EBITDA of $90–$110 million and free cash flow of $55–$75 million, implying mid‑single‑digit revenue growth, a 16% adjusted EBITDA increase and strong free cash flow conversion.
Forum Energy Technologies, Inc. senior vice president and chief human resources officer Michael Dewayne Danford reported an open-market sale of 3,000 shares of common stock. The shares were sold at a weighted average price of $55.49 per share, in multiple trades between $55.39 and $55.79.
After this transaction, Danford directly owns 54,139 shares of Forum Energy Technologies common stock, indicating he retains a substantial ongoing equity stake in the company.
Forum Energy Technologies, Inc. reported results of its 2026 Annual Meeting of Stockholders. Stockholders approved a Fourth Amendment to the company’s Second Amended and Restated 2016 Stock and Incentive Plan, increasing the number of shares that may be granted under the plan by 625,000 shares.
Three Class II directors — Evelyn M. Angelle, John A. Carrig and Neal A. Lux — were elected for three-year terms. Stockholders also approved, on a non-binding advisory basis, the compensation of named executive officers and ratified Deloitte & Touche LLP as independent registered public accounting firm for 2026.
Forum Energy Technologies delivered stronger Q1 2026 results with sharply higher profit. Revenue rose to $208.7 million from $193.3 million, driven by higher subsea ROV and coiled tubing sales in Drilling and Completions and increased sand, flow control and valve sales in Artificial Lift and Downhole.
Segment operating income increased to $11.0 million, with Artificial Lift and Downhole margin expanding to 14.1%. Net income grew to $4.5 million versus $1.1 million a year ago, lifting diluted EPS to $0.39. Operating cash flow was modest at $1.6 million as higher receivables absorbed cash, while the company ended the quarter with $37.5 million in cash, $55.1 million drawn on its Credit Facility and $53.6 million of remaining availability.
Forum Energy Technologies reported solid first quarter 2026 growth and raised its full-year outlook. Revenue reached $209 million, with net income of $4 million, or $0.39 per diluted share. Adjusted for restructuring, net income was $6 million, or about $0.47 per diluted share.
Adjusted EBITDA was $23 million, and management said revenue and adjusted EBITDA grew 8% and 14% year-over-year. Orders were $221 million, producing a book-to-bill ratio of 106% and a backlog increase of 44% versus the first quarter of 2025. The company repurchased $5 million of shares.
Forum now expects second quarter 2026 adjusted EBITDA between $24 million and $30 million and increased its full-year 2026 adjusted EBITDA guidance to $95–$110 million, with a mid-point of $103 million, described as a 20% increase over 2025 results.
Vanguard Capital Management reported beneficial ownership of 570,075 shares of Forum Energy Technologies Inc. common stock, representing 5.03% of the class as of 03/31/2026. The filing shows sole voting power for 74,362 shares and sole dispositive power for 570,075 shares. The statement is signed on 04/29/2026 by Ashley Grim.
Forum Energy Technologies is asking stockholders to vote on four items at its 2026 annual meeting: re-elect three Class II directors, approve executive compensation on an advisory basis, amend the 2016 stock incentive plan to increase shares available, and ratify Deloitte & Touche as auditor.
Management highlights strong 2025 execution, including a 139% stock price increase, $70 million of operating cash flow and $80 million of free cash flow, which helped repurchase about 11% of shares outstanding and reduce leverage to 1.2x 2025 Adjusted EBITDA.
The company reports 11,328,657 shares outstanding as of March 13, 2026, with major holders including BlackRock, Vanguard and Dimensional. Eight of nine directors are independent, several qualify as audit committee financial experts, and the board emphasizes diversity, stock ownership requirements, clawbacks, cybersecurity oversight and sustainability initiatives.
Forum Energy Technologies Inc — The Vanguard Group filed Amendment No. 1 to a Schedule 13G/A reporting 0 shares beneficially owned, representing 0% of the common stock as stated in the filing. The report includes a disclosure that Vanguard underwent an internal realignment on January 12, 2026, and certain subsidiaries will report disaggregated ownership going forward.