---
schema_version: "secwatch.filing_event.v1"
accession: "0001401257-23-000067"
form_type: "8-K"
ticker: "FET"
cik: "0001401257"
company_name: "FORUM ENERGY TECHNOLOGIES, INC."
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T05:49:54.781866+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FET Q2 revenue $185M (+8% YoY), net loss $7M; guides FY adj EBITDA ~$80M

## Summary
- Revenue $185M, up 8% YoY; orders $186M, book-to-bill 100%.
- Net loss of $7M and diluted EPS -$0.64 (vs Q1 loss $3M); adjusted EPS $0.10.
- Adjusted EBITDA $17M, up 12% YoY; international revenue grew 10% sequentially.
- Q3 guidance: revenue $180-200M, adj EBITDA $16-20M. FY adj EBITDA ~$80M, FCF ~$20M.
- Drilling & Downhole segment rev +5% QoQ; Completions rev -2%; Production rev -15%.

## SEC filing metadata
- accession: 0001401257-23-000067
- form_type: 8-K
- ticker: FET
- cik: 0001401257
- company_name: FORUM ENERGY TECHNOLOGIES, INC.
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1401257/000140125723000067/0001401257-23-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401257/000140125723000067/fet-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001401257-23-000067
- JSON: https://secwatch.observer/filing/0001401257-23-000067.json
- Plain text: https://secwatch.observer/filing/0001401257-23-000067.txt

## Key facts
- Earnings Releases
  FORUM ENERGY TECHNOLOGIES, INC. reported second quarter 2023 results: revenue $185 million, net income $7 million, EPS $0.64 per diluted share.
  - Period: second quarter 2023
  - Revenue: $185 million
  - Net income: $7 million
  - EPS: $0.64 per diluted share
  - Result: reported results
  source text: in such filing. --- EX-99.1 (EX-99.1 EARNINGS RELEASE 2Q23) --- EARNINGS RELEASE 2Q23 Document Forum Energy Technologies Announces Second Quarter 2023 Results • Revenue: $185 million, an 8% year-over-year increase • Net loss: $7 million and diluted EPS of negative $0.64 • Adjusted EBITDA: $17 million, a 12% year-over-year increase • Orders: $186 million and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1401257/000140125723000067/0001401257-23-000067-index.htm

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