---
schema_version: "secwatch.filing_event.v1"
accession: "0001401257-22-000070"
form_type: "8-K"
ticker: "FET"
cik: "0001401257"
company_name: "FORUM ENERGY TECHNOLOGIES, INC."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:00:29.130561+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Forum Energy Tech Q3 revenue $182M, net income $16.5M, adj EBITDA $17.8M, confirms FY guidance top end

## Summary
- Revenue $182M (+6% seq, +29% YoY); net income $16.5M ($1.82 diluted EPS).
- Adjusted EBITDA $17.8M (+15% seq); adjusted net loss $(0.25)/share excluding special items.
- Orders $198M, book-to-bill 1.09; operating cash flow $18.5M, free cash flow $17.3M.
- Confirms full-year 2022 adjusted EBITDA top end of $50-60M; H2 free cash flow $30-40M.
- Segment: Completions $72M (+9%), Drilling & Downhole $76M (-1%), Production $34M (+14%).

## SEC filing metadata
- accession: 0001401257-22-000070
- form_type: 8-K
- ticker: FET
- cik: 0001401257
- company_name: FORUM ENERGY TECHNOLOGIES, INC.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1401257/000140125722000070/0001401257-22-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401257/000140125722000070/fet-20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001401257-22-000070
- JSON: https://secwatch.observer/filing/0001401257-22-000070.json
- Plain text: https://secwatch.observer/filing/0001401257-22-000070.txt

## Key facts
- Earnings Releases
  FORUM ENERGY TECHNOLOGIES, INC. reported third quarter 2022 results: revenue $182 million, net income $16.5 million, EPS $1.82 per diluted share. Guidance reaffirmed.
  - Period: third quarter 2022
  - Revenue: $182 million
  - Net income: $16.5 million
  - EPS: $1.82 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Forum Energy Technologies Announces Third Quarter 2022 Results and Outlook • Revenue of $182 million, a 6% sequential increase • Orders of $198 million and book-to-bill ratio of 1.09 • Net income of $16.5 million and diluted EPS of $1.82
  evidence_url: https://www.sec.gov/Archives/edgar/data/1401257/000140125722000070/0001401257-22-000070-index.htm

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