earnings
confidence high
sentiment positive
materiality 0.80
Forum Energy Q4 revenue $202M, adj EPS $0.41; guides 2026 EBITDA up 16%
FORUM ENERGY TECHNOLOGIES, INC.
2026-Q1 EPS
reported $0.39
vs consensus $0.44
▼ miss
(-12.2%)
- Q4 revenue $202.2M, net income $2.1M ($0.17 diluted); adjusted net income $5.0M ($0.41).
- Adjusted EBITDA $23M; full-year free cash flow $80M; repurchased 11% of shares ($35M).
- Backlog $312M at year-end, highest in 11 years, up 46% YoY; 12% from new products.
- FY 2026 guidance: revenue $800-880M, adj EBITDA $90-110M (16% YoY growth), FCF $55-75M.
- Drilling & Completions revenue +8% QoQ; Artificial Lift revenue -4% but EBITDA flat.
item 2.02item 9.01