Source-grounded facts extracted from FORUM ENERGY TECHNOLOGIES, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
FORUM ENERGY TECHNOLOGIES, INC. reported Full Year 2026 results: revenue $800 - $880 million, net income $18 - $38 million. Guidance initiated.
“Full Year 2026 Guidance (comparisons at midpoint) • Revenue: $800 - $880 million, up 6% • Adjusted net income: $18 - $38 million, up $21 million • Adjusted EBITDA: $90 - $110 million, a 16% increase • Free cash flow: $55 - $75 million, 65% free cash flow conversion”
FORUM ENERGY TECHNOLOGIES, INC. reported the quarter ended December 31, 2025 results: revenue $202.2 million, net income $2.1 million or $0.17 per diluted share, EPS $0.17 per diluted share. Guidance initiated.
“Forum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2025 revenue of $202.2 million and net income of $2.1 million or $0.17 per diluted share.”
FORUM ENERGY TECHNOLOGIES, INC. shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm for 2026 at the 2026-05-08 meeting.
“Stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2026: Votes Cast For 9,290,299 Against 11,667 Abstentions 9,055 Broker Non-Votes 5,025”
FORUM ENERGY TECHNOLOGIES, INC. shareholders approved Approval of an Amendment to the Company’s Second Amended and Restated 2016 Stock and Incentive Plan to increase the number of shares available for issuance at the 2026-05-08 meeting.
“Stockholders approved the Plan Amendment: Votes Cast For 7,447,446 Against 229,527 Abstentions 5,579 Broker Non-Votes 1,633,494”
FORUM ENERGY TECHNOLOGIES, INC. shareholders approved Approval of Executive Compensation (non-binding advisory vote) at the 2026-05-08 meeting.
“Stockholders approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers: Votes Cast For 7,520,299 Against 155,102 Abstentions 7,152 Broker Non-Votes 1,633,493”
FORUM ENERGY TECHNOLOGIES, INC. shareholders approved Election of Class II Directors at the 2026-05-08 meeting.
“The following individuals were elected as Class II directors to the Company’s Board of Directors (the “Board”) for a term of three years, each to serve until the 2029 Annual Meeting of Stockholders or until his or her successor is duly elected and qualified: Nominee For Withheld Broker Non-Votes Evelyn M. Angelle 7,594,328 88,225 1,633,493 John A. Carrig 7,280,415 407,163 1,628,468 Neal A. Lux 7,610,937 71,616 1,633,493”
FORUM ENERGY TECHNOLOGIES, INC. reported first quarter 2026 results: revenue $209 million, net income $4 million or $0.39 per diluted share, EPS $0.39 per diluted share. Guidance raised.
“Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2026 revenue of $209 million and net income of $4 million or $0.39 per diluted share.”
FORUM ENERGY TECHNOLOGIES, INC. amended credit facility with Wells Fargo Bank, National Association at 2.00% to 2.50% maturing February 4, 2031.
“among other changes, (i) extend the scheduled maturity date from September 8, 2028 to February 4, 2031, (ii) revise the interest rate margin over SOFR applicable to outstanding loans, previously ranging from 2.25% to 2.75% determined based on Forum's total net leverage ratio, to instead range from 2.00% to 2.50%, determined based on excess availability under the Credit Agreement and (iii) increase the U.S. letter of credit sublimit from $70 million to $100 million.”
FORUM ENERGY TECHNOLOGIES, INC. amended Credit Agreement Amendment with Wells Fargo Bank, National Association (effective 2026-02-04).
“On February 4, 2026, Forum Energy Technologies, Inc. (“Forum”) entered into an amendment (the “Credit Agreement Amendment”) to the Third Amended and Restated Credit Agreement, dated as of October 30, 2017 (as amended, restated, amended and restated, supplemented or otherwise modified, the “Credit Agreement”), among Forum, as borrower, the other borrowers party thereto, the guarantors party thereto, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto.”
Mark W. Smith was appointed as Director at FORUM ENERGY TECHNOLOGIES, INC..
“Mr. Smith was appointed as a Class I director with a term expiring at the 2028 Annual Meeting of Stockholders”
Aron H. Marquez was appointed as Director at FORUM ENERGY TECHNOLOGIES, INC..
“Mr. Marquez was appointed as a Class III director with a term expiring at the 2027 Annual Meeting of Stockholders”
FORUM ENERGY TECHNOLOGIES, INC.: Amendment to increase authorized shares of common stock (effective 2025-05-12).
“The Charter Amendment became effective upon the filing of a Certificate of Amendment to Third Amended and Restated Certificate of Incorporation of the Company (the “Certificate”) with the Secretary of State of the State of Delaware on May 12, 2025.”
C. Christopher Gaut departed as Director at FORUM ENERGY TECHNOLOGIES, INC..
“On February 14, 2025, Mr. C. Christopher Gaut informed the Board of Directors (the “Board”) of Forum Energy Technologies, Inc. (“FET”) of his decision to retire from the Board at the end of his current term and not stand for re-election as a director at FET’s 2025 annual meeting of stockholders (the “2025 Annual Meeting”).”
FORUM ENERGY TECHNOLOGIES, INC. shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for 2024 at the 2024-05-10 meeting.
“Stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2024: Votes Cast For 9,807,160 Against 101,004 Abstentions 89,566 Broker Non-Votes 831”
FORUM ENERGY TECHNOLOGIES, INC. shareholders approved Approval of amendment to the Second Amended and Restated 2016 Stock and Incentive Plan at the 2024-05-10 meeting.
“Stockholders approved the amendment to the 2016 Plan: Votes Cast For 7,613,274 Against 235,784 Abstentions 66,730 Broker Non-Votes 2,082,773”
FORUM ENERGY TECHNOLOGIES, INC. shareholders approved Approval of Executive Compensation at the 2024-05-10 meeting.
“Stockholders approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers: Votes Cast For 7,730,508 Against 116,878 Abstentions 68,404 Broker Non-Votes 2,082,771”
FORUM ENERGY TECHNOLOGIES, INC. shareholders approved Election of Class III Directors at the 2024-05-10 meeting.
“The following individuals were elected as Class III directors to the Company's Board of Directors for a term of three years, each to serve until the annual meeting of stockholders in 2027 or until his successor is duly elected and qualified: Nominee For Withheld Broker Non-Votes Michael McShane 6,935,938 980,682 2,081,941 Paul E. Rowsey III 7,657,296 258,494 2,082,771”
FORUM ENERGY TECHNOLOGIES, INC. reported first quarter 2024 results: revenue $202 million, net income $10 million , or $0.85 p er diluted share, EPS $0.85 p er diluted share. Guidance reaffirmed.
“Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2024 revenue of $202 million, a 9% sequential increase.”
FORUM ENERGY TECHNOLOGIES, INC. reported the quarter ended December 31, 2023 results: revenue $185 million, net income $17 million, EPS $1.64 per diluted share.
“2024 Adjusted EBITDA guidance: $100 - $120 million HOUSTON, TEXAS, February 29, 2024 - Forum Energy Technologies, Inc. (NYSE: FET) today announced fourth quarter 2023 revenue of $185 million, a $6 million increase from the third quarter. The fourth quarter net loss was $17 million , or $1.64 p er diluted share, compared to third quarter net income of $8 million, or”
FORUM ENERGY TECHNOLOGIES, INC. reported the fourth quarter and full year 2023 results: revenue $739 million. Guidance initiated.
“of Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call; Provides Preliminary Results and 2024 Guidance Preliminary Full Year 2023 Results • Revenue: $739 million, a 6% year-over-year increase • Orders: $724 million and book-to-bill ratio of 98% • Adjusted EBITDA: between $67 and $69 million • Results delayed for finalization of valuation”
FORUM ENERGY TECHNOLOGIES, INC. completed an acquisition involving Variperm Holdings Ltd. and other sellers for 2.0 million shares of common stock and cash of US $150.0 million, as adjusted (closed 2024-01-04).
“On the Closing Date, the Acquisition was consummated in accordance with the terms and conditions of the Agreement. In connection with the consummation of the Acquisition, Forum paid aggregate consideration of (i) the Shares and (ii) an amount of cash equal to US $150.0 million, as adjusted for customary purchase price adjustments set forth in the Agreement relating to cash, net working capital, indebtedness and transaction expenses of Variperm as of the closing of the Transactions (the “ Cash Consideration ”).”
FORUM ENERGY TECHNOLOGIES, INC. amended Supplemental Indenture with the subsidiary guarantors and U.S. Bank Trust Company, National Association (effective 2024-01-04).
“Forum entered into the first supplemental indenture (the “ Supplemental Indenture ”) to the Indenture, dated as of August 4, 2020, by and among Forum, the subsidiary guarantors party thereto and U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as trustee (the “ Indenture ”), which adds a subsidiary of Forum as a guarantor to the Indenture.”
FORUM ENERGY TECHNOLOGIES, INC. entered into Investor Rights Agreement with the Sellers (effective 2024-01-04).
“On the Closing Date, Forum and the Sellers entered into an investor rights agreement (the “ Investor Rights Agreement ”) with respect to the 2.0 million shares of common stock, par value $0.01 per share, of Forum (“ Forum Common Stock ”, and such shares, the “ Shares ”) in connection with the consummation of the Acquisition”
FORUM ENERGY TECHNOLOGIES, INC. entered into Credit Agreement with the Sellers, certain of the Option Holders, and VES Partnership valued at $60.0 million (effective 2024-01-04).
“On the Closing Date, Forum entered into the Second Lien Seller Term Loan Credit Agreement, (the “ Credit Agreement ”), by and among Forum, as borrower, the Sellers and certain of the Option Holders (as defined in the Agreement), as lenders (the “ Lenders ”), and VES Partnership, as administrative and collateral agent for each of the Lenders. Pursuant to the Credit Agreement, Forum borrowed $60.0 million aggregate principal amount of term loans (the “ Term Loans ”), which mature in December 2026.”
C. Christopher Gaut changed role as Chairman of the Board at FORUM ENERGY TECHNOLOGIES, INC..
“the Board of Directors agreed with Mr. C. Christopher Gaut, Executive Chairman of the Board, that he will transition to serve as Chairman of the Board on January 1, 2024.”
Leslie A. Beyer was appointed as member of the Board at FORUM ENERGY TECHNOLOGIES, INC..
“On December 1, 2023 , the Board of Directors (the “Board”) of Forum Energy Technologies, Inc. (the “Company) appointed Ms. Leslie A. Beyer, as a member of the Board.”
FORUM ENERGY TECHNOLOGIES, INC. reported third quarter 2023 results: revenue $179 million, net income $8 million, EPS $0.77 per diluted share. Guidance lowered.
“Forum Energy Technologies Announces Third Quarter 2023 Results • Orders: $199 million and book-to-bill ratio of 111% • Revenue: $179 million • Net income: $8 million and diluted EPS of $0.77 • Adjusted EBITDA: $17 million • Operating cash flow and free cash flow: $26 million and $24 million, respectively”
Emily Reichert retired as Director at FORUM ENERGY TECHNOLOGIES, INC..
“On November 2, 2023, Dr. Emily Reichert, Ph.D., a member of the Forum board of directors (the “Board”) and the Nominating, Governance and Sustainability Committee, notified Forum of her retirement from the Board, effective as of November 2, 2023, to accommodate her recent appointment as Chief Executive Officer of the Massachusetts Clean Energy Center.”
FORUM ENERGY TECHNOLOGIES, INC. reported second quarter 2023 results: revenue $185 million, net income $7 million, EPS $0.64 per diluted share.
“in such filing. --- EX-99.1 (EX-99.1 EARNINGS RELEASE 2Q23) --- EARNINGS RELEASE 2Q23 Document Forum Energy Technologies Announces Second Quarter 2023 Results • Revenue: $185 million, an 8% year-over-year increase • Net loss: $7 million and diluted EPS of negative $0.64 • Adjusted EBITDA: $17 million, a 12% year-over-year increase • Orders: $186 million and”
FORUM ENERGY TECHNOLOGIES, INC.: Third Amended and Restated Bylaws to align with DGCL updates, update stockholder meeting rules, add emergency bylaw provision, and delete outdated references (effective 2023-05-12).
“On May 12, 2023, the Board of Directors (the “ Board ”) of Forum Energy Technologies, Inc. (the “ Company ”) approved and adopted Third Amended and Restated Bylaws of the Company (the “ Bylaws ”), which became effective immediately.”
FORUM ENERGY TECHNOLOGIES, INC. shareholders approved Ratification of Auditors at the 2023-05-12 meeting.
“Stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2023: Votes Cast For 8,368,340 Against 20,275 Abstentions 1,974 Broker Non-Votes —”
FORUM ENERGY TECHNOLOGIES, INC. shareholders approved Approval of Executive Compensation at the 2023-05-12 meeting.
“Stockholders approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers: Votes Cast For 5,185,800 Against 319,296 Abstentions 73,173 Broker Non-Votes 2,812,320”
FORUM ENERGY TECHNOLOGIES, INC. shareholders approved Election of Directors at the 2023-05-12 meeting.
“1. Election of Directors. The following individuals were elected as Class II directors to the Company's Board of Directors for a term of three years, each to serve until the annual meeting of stockholders in 2026 or until their successors are duly elected and qualified: Nominee For Withheld Broker Non-Votes Evelyn M. Angelle 5,501,788 76,481 2,812,320 John A. Carrig 5,338,089 240,180 2,812,320 Neal A. Lux 5,534,521 43,748 2,812,320”
FORUM ENERGY TECHNOLOGIES, INC. reported the quarter ended March 31, 2023 results: revenue $189 million, net income $4 million, EPS diluted EPS of negative $0.34. Guidance reaffirmed.
“Forum Energy Technologies Announces First Quarter 2023 Results and Reaffirms 2023 Guidance • Revenue: $189 million, a 22% year-over-year increase • Net loss: $4 million and diluted EPS of negative $0.34”
FORUM ENERGY TECHNOLOGIES, INC. amended Credit Agreement Amendment with Wells Fargo Bank, National Association valued at Amendment to Third Amended and Restated Credit Agreement; letter of credit sublimit increased from $ (effective 2023-04-01).
“On April 1, 2023, Forum Energy Technologies, Inc. (the “ Company ”) entered into an amendment (the “ Credit Agreement Amendment ”) to the Third Amended and Restated Credit Agreement, dated as of October 30, 2017 (as amended and supplemented, the “ Credit Agreement ”), among the Company, as borrower, the other borrowers party thereto, the guarantors party thereto, the lenders party thereto, Wells Fargo Bank, National Association, as Administrative Agent, and the other parties named therein.”
John Schmitz retired as Director at FORUM ENERGY TECHNOLOGIES, INC..
“On March 6, 2023 , Mr. John Schmitz, a member of the Forum Energy Technologies, Inc. (the “ Company ”) board of directors (the “ Board ”) and the Audit Committee, notified the Company of his retirement from the Board, effective as of the same date.”
FORUM ENERGY TECHNOLOGIES, INC. reported financial results for quarter ended December 31, 2022.
“On February 21, 2023 , Forum Energy Technologies, Inc. (the " Company ") issued a press release announcing earnings for the quarter ended December 31, 2022.”
FORUM ENERGY TECHNOLOGIES, INC. reported third quarter 2022 results: revenue $182 million, net income $16.5 million, EPS $1.82 per diluted share. Guidance reaffirmed.
“Forum Energy Technologies Announces Third Quarter 2022 Results and Outlook • Revenue of $182 million, a 6% sequential increase • Orders of $198 million and book-to-bill ratio of 1.09 • Net income of $16.5 million and diluted EPS of $1.82”
John McElroy resigned as Vice President and Chief Accounting Officer at FORUM ENERGY TECHNOLOGIES, INC..
“Mr. John McElroy, who resigned as Vice President and Chief Accounting Officer on August 19, 2022, with effect from September 2, 2022.”
Katherine T. Keller was appointed as Vice President and Principal Accounting Officer at FORUM ENERGY TECHNOLOGIES, INC..
“appointed Ms. Katherine T. Keller to serve as the Company’s Vice President and Principal Accounting Officer, effective September 2, 2022.”
C. Christopher Gaut was appointed as Executive Chairman at FORUM ENERGY TECHNOLOGIES, INC..
“Effective as of the same day, and as previously announced, Mr. C. Christopher Gaut was appointed Executive Chairman of the Company’s board of directors.”
Neal Lux was appointed as President and Chief Executive Officer at FORUM ENERGY TECHNOLOGIES, INC..
“Mr. Neal Lux was appointed as President and Chief Executive Officer of the Company and a member of the board of directors, effective February 18, 2022.”
Andrew Waite retired as Director at FORUM ENERGY TECHNOLOGIES, INC..
“On December 27, 2021, Mr. Andrew Waite, a member of the Forum Energy Technologies, Inc. (the “ Company ”) board of directors (the “ Board ”) and the Nominating, Governance & Sustainability Committee, notified the Company of his retirement from the Board, effective on December 31, 2021.”
C. Christopher Gaut changed role as Executive Chairman at FORUM ENERGY TECHNOLOGIES, INC..
“Mr. C. Christopher Gaut, the current Chairman, President and Chief Executive Officer, will retire from his positions as President and Chief Executive Officer and will become Executive Chairman of the Company’s board of directors”
Neal Lux was appointed as Class II director at FORUM ENERGY TECHNOLOGIES, INC..
“The Board has also appointed Mr. Lux as a Class II director, effective February 18, 2022.”
Neal Lux was appointed as President and Chief Executive Officer at FORUM ENERGY TECHNOLOGIES, INC..
“the Company announced the appointment of Mr. Neal Lux as President and Chief Executive Officer, effective February 18, 2022.”
Paul E. Rowsey III was appointed as director at FORUM ENERGY TECHNOLOGIES, INC..
“On November 1, 2021 , the Board of Directors (the “ Board ”) of Forum Energy Technologies, Inc. (the “ Company ) appointed Mr. Paul E. Rowsey III as a member of the Board.”
Dr. Emily Reichert was appointed as member of the Board at FORUM ENERGY TECHNOLOGIES, INC..
“On July 1, 2021 , the Board of Directors of Forum Energy Technologies, Inc. (the “Company”) appointed Dr. Emily Reichert, Ph.D., Chief Executive Officer of Greentown Labs, as a member of the Board.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.