earnings
confidence high
sentiment positive
materiality 0.70
FET Q4 rev $202M, adj net income $5M; guides FY2026 EBITDA +16% at midpoint
FORUM ENERGY TECHNOLOGIES, INC.
2025-FY EPS
reported -$0.81
vs consensus $0.36
▼ miss
(-322.8%)
- Q4 net income $2.1M ($0.17 diluted EPS); adj net income $5.0M ($0.41 adj diluted EPS).
- Full year 2025 free cash flow $80M; repurchased 1.4M shares (11% of outstanding) for $35M.
- Backlog $312M, highest in 11 years, up 46% YoY; book-to-bill 113% for full year.
- FY2026 guidance: rev $800-880M (+6%), adj EBITDA $90-110M (+16%), free cash flow $55-75M.
- Drilling & Completions rev $127M (+8% QoQ); Artificial Lift & Downhole rev $75M (-4% QoQ).