secwatch.observer — SEC 8-K summary
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Issuer:     FORUM ENERGY TECHNOLOGIES, INC. (FET)
CIK:        0001401257
Form:       8-K
Filed at:   2026-07-30T21:22:24+00:00
Accession:  0001401257-26-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forum Energy Q2 net income jumps 176% to $12M; raises FY guidance
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- Q2 revenue $226M (+8% seq); net income $12M ($1.05 EPS), up 176% and 169% sequentially.
- Adjusted EBITDA $32M (+39% seq); adjusted net income $14M ($1.16 adj EPS), up 148% and 147% seq.
- Full-year 2026 guidance raised: revenue $870-910M (13% YoY), adj EBITDA $115-125M (40% YoY).
- Orders $236M, book-to-bill 104%; share repurchases $8M in H1 2026; net leverage reduced to 1.1x.
- Drilling & Completions rev $139M (+10% seq), adj EBITDA $16M (+29% seq); Artificial Lift rev $87M (+6% seq), adj EBITDA $22M (+30% seq).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1401257/000140125726000049/0001401257-26-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1401257/000140125726000049/fet-20260730.htm
  HTML page:      https://secwatch.observer/filing/0001401257-26-000049

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