secwatch.observer — SEC 8-K summary
======================================

Issuer:     FORUM ENERGY TECHNOLOGIES, INC. (FET)
CIK:        0001401257
Form:       8-K/A
Filed at:   2026-05-15T21:15:50+00:00
Accession:  0001401257-26-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forum Energy Q4 revenue $202M, adj EPS $0.41; guides 2026 EBITDA up 16%
-----------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1401257/000140125726000042/0001401257-26-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1401257/000140125726000042/fet-20260219.htm
  HTML page:      https://secwatch.observer/filing/0001401257-26-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer