---
schema_version: "secwatch.filing_event.v1"
accession: "0001401257-25-000058"
form_type: "8-K"
ticker: "FET"
cik: "0001401257"
company_name: "FORUM ENERGY TECHNOLOGIES, INC."
filed_at: "2025-05-02T23:59:59+00:00"
generated_at: "2026-05-22T22:26:46.043021+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Forum Energy Q1 revenue $193M, net income $1M; maintains FY free cash flow guidance $40-60M

## Summary
- Revenue $193M, net income $1M ($0.09 diluted EPS); adjusted net income $500k ($0.04 diluted EPS).
- Adjusted EBITDA $20M; orders $201M, book-to-bill 104%.
- Operating cash flow $9M, free cash flow $7M (7th consecutive positive quarter).
- Drilling & Completions segment rev $116M (+4%), EBITDA $12M (+31%); Subsea orders up ~60%.
- Artificial Lift & Downhole segment rev $78M (-13%), EBITDA $14M (-30%); FY FCF guidance unchanged $40-60M.

## SEC filing metadata
- accession: 0001401257-25-000058
- form_type: 8-K
- ticker: FET
- cik: 0001401257
- company_name: FORUM ENERGY TECHNOLOGIES, INC.
- filed_at: 2025-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1401257/000140125725000058/0001401257-25-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401257/000140125725000058/fet-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001401257-25-000058
- JSON: https://secwatch.observer/filing/0001401257-25-000058.json
- Plain text: https://secwatch.observer/filing/0001401257-25-000058.txt

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