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, Inc. shareholder Michael Danford filed to potentially sell 1,500 shares of common stock listed on the NYSE. The filing lists an aggregate market value of about $118,365 for these shares and notes 11,246,295 shares of common stock outstanding. Over the past three months, Danford previously sold 3,000 shares for proceeds of $166,475.78.
State Street Corporation has reported beneficial ownership of 601,047 shares of Forum Energy Technologies, Inc. common stock. This represents 5.3% of the outstanding class. State Street reports no sole voting or dispositive power over these shares, but shared voting power over 586,943 shares and shared dispositive power over 601,047 shares, reflecting holdings managed through its asset management subsidiaries, including SSGA Funds Management, Inc., State Street Global Advisors Europe Limited, and State Street Global Advisors Trust Company.
Forum Energy Technologies EVP, General Counsel & CCO John C. Ivascu reported sales of 5,000 shares of common stock on August 3, 2026, in two transactions (3,598 shares at a weighted-average $70.41 and 1,402 shares at a weighted-average $71.21) executed under a pre-arranged Rule 10b5-1 trading plan, with individual trades between $70.00–$70.99 and $71.00–$71.72. The plan was entered during an open trading window and disclosed in a Form 10-Q filed May 1, 2026.
Forum Energy Technologies reported stronger Q2 2026 results, with revenue of $226.2 million, up 13.2% from Q2 2025. Net income rose to $12.4 million and diluted EPS to $1.05, supported by revenue growth and margin expansion in both Drilling and Completions and Artificial Lift and Downhole.
For the first half of 2026, revenue totaled $434.9 million and net income $16.9 million. Operating cash flow was $14.1 million, reflecting higher accounts receivable from increased sales. As of June 30, 2026, cash was $33.7 million, total debt principal $148.5 million, and undrawn Credit Facility availability $62.0 million.
Vanguard Capital Management LLC, on behalf of certain affiliated entities and funds, reports beneficial ownership of common stock of Forum Energy Technologies Inc. As of 06/30/2026, Vanguard Capital Management and its listed affiliates beneficially owned 539,092 shares, representing 4.76% of the class.
Vanguard Capital Management had sole voting power over 73,622 shares and sole dispositive power over 539,092 shares, with no shared voting or dispositive power. Dividends and sale proceeds may be received or directed by Vanguard Capital Management, including investment companies and other managed accounts, and no other single person has an interest in more than 5% of these securities.
Forum Energy Technologies reported strong second quarter 2026 results, with revenue of $226.2 million, up 8% sequentially. Net income was $12.4 million and diluted EPS was $1.05, while adjusted net income was $14 million and adjusted diluted EPS was $1.16. Adjusted EBITDA reached $32 million, up 39% sequentially, and the total book‑to‑bill ratio was 104%, indicating orders exceeded revenue.
Drilling and Completions revenue was $139.0 million and Artificial Lift and Downhole revenue was $87.4 million, both growing versus the prior quarter. Free cash flow supported $8 million of share repurchases in the first half of 2026, and the net leverage ratio improved to 1.1x. On this basis, the company raised all full‑year 2026 guidance metrics, including revenue to a range of $870–$910 million, adjusted EBITDA to $115–$125 million, adjusted net income to $42–$52 million, and free cash flow to $57–$77 million.
BlackRock, Inc. filed Amendment No. 3 reporting its beneficial ownership of common stock of Forum Energy Technologies, Inc. BlackRock reports beneficial ownership of 794,999 shares of common stock, representing 7.0% of the outstanding class.
BlackRock has sole voting power over 780,451 shares and sole dispositive power over 794,999 shares, with no shared voting or dispositive power. Various underlying clients and accounts have rights to dividends or sale proceeds, but no such person holds more than five percent of the outstanding common shares.
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.