---
schema_version: "secwatch.filing_event.v1"
accession: "0001401257-22-000003"
form_type: "8-K"
ticker: "FET"
cik: "0001401257"
company_name: "FORUM ENERGY TECHNOLOGIES, INC."
filed_at: "2022-02-07T23:59:59+00:00"
generated_at: "2026-06-27T10:35:25.902877+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Forum Energy Technologies expects Q4 2021 revenue and adjusted EBITDA below guidance

## Summary
- Q4 2021 revenue expected ~$148M, adjusted EBITDA ~$4M; both below prior guidance due to supply chain disruptions and COVID costs.
- Full-year 2021 revenue $541M (+$29M YoY) and adjusted EBITDA $20M (+$40M YoY).
- Q4 free cash flow negative ~$8M, better than prior guidance; net debt increased $3M in Q4.
- Repurchased 56K shares for $1.1M in Q4; spent $4M on two tuck-in acquisitions.
- Book-to-bill ratio ~1.1x in Q4; backlog supports revenue growth in 2022.

## SEC filing metadata
- accession: 0001401257-22-000003
- form_type: 8-K
- ticker: FET
- cik: 0001401257
- company_name: FORUM ENERGY TECHNOLOGIES, INC.
- filed_at: 2022-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1401257/000140125722000003/0001401257-22-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401257/000140125722000003/fet-20220207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001401257-22-000003
- JSON: https://secwatch.observer/filing/0001401257-22-000003.json
- Plain text: https://secwatch.observer/filing/0001401257-22-000003.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.