earnings
confidence high
sentiment positive
materiality 0.70
FET Q2 revenue $200M, net income $8M, raises FY free cash flow guidance to $60-80M
FORUM ENERGY TECHNOLOGIES, INC.
2025-Q2 EPS
reported $0.70
vs consensus $0.12
▲ beat
(+477.6%)
- Revenue $200M (+3% sequential); net income $8M ($0.61 diluted EPS); adjusted EBITDA $21M (+2% seq).
- Orders $263M, 132% book-to-bill; backlog highest in over ten years.
- Raises 2025 free cash flow guidance to $60-$80M; Q3 adjusted EBITDA expected $19-$23M.
- Repurchased 579k shares for $11M YTD; plans another ~10% of shares outstanding.
- Drilling & Completions orders +35% to $178M; Artificial Lift & Downhole adj. EBITDA +24% to $17M.