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AI brief of an SEC Form 8-K · FORUM ENERGY TECHNOLOGIES, INC. (FET)

Forum Energy Technologies raises 2026 guidance as Q3 revenue reaches $237 million

Positive Impact 4 of 5 guidance Written later

Forum Energy Technologies reported third quarter 2026 revenue of $237 million and adjusted EBITDA of $36 million, and raised its full-year 2026 guidance. GAAP diluted EPS was $0.93, down from $1.05 in the prior quarter, while adjusted diluted EPS was $1.51, up from $1.16.

Key points

  • Q3 2026 revenue of $237 million, up 5% sequentially; orders of $244 million and book-to-bill ratio of 103%
  • Net income of $11 million and diluted EPS of $0.93, versus a net loss of $21 million in Q3 2025; adjusted diluted EPS of $1.51
  • Full-year 2026 guidance raised to revenue of $900 million to $920 million and adjusted EBITDA of $123 million to $129 million
  • Q4 2026 guidance: revenue of $230 million to $250 million and adjusted EBITDA of $33 million to $39 million

The filing

CompanyFORUM ENERGY TECHNOLOGIES, INC. (FET)
Form8-K, current report
Filed with the SECOct 29, 2026, 4:55 PM ET
Accession number0001401257-26-000069

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.