Forum Energy Technologies, Inc. (FET)

NYSE: FET · Real-Time Price · USD
63.61
+0.20 (0.32%)
At close: Apr 28, 2026, 4:00 PM EDT
63.61
0.00 (0.00%)
After-hours: Apr 28, 2026, 4:10 PM EDT
0.32%
Market Cap 721.86M
Revenue (ttm) 791.47M
Net Income (ttm) -9.66M
Shares Out 11.33M
EPS (ttm) -0.81
PE Ratio n/a
Forward PE 35.30
Dividend n/a
Ex-Dividend Date n/a
Volume 79,774
Open 63.70
Previous Close 63.41
Day's Range 62.50 - 63.94
52-Week Range 13.55 - 65.43
Beta 0.59
Analysts n/a
Price Target n/a
Earnings Date Apr 30, 2026

About FET

Forum Energy Technologies, Inc. designs, manufactures, and supplies products serving the oil, natural gas, defense, and renewable energy industries in the United States and internationally. It operates through two segments, Drilling and Completions; and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures, and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation, and intervention markets, including applications in oil and natural gas, renewable energy, defense, and communic... [Read more]

Sector Energy
IPO Date Apr 12, 2012
Employees 1,700
Stock Exchange NYSE
Ticker Symbol FET
Full Company Profile

Financial Performance

In 2025, Forum Energy Technologies's revenue was $791.47 million, a decrease of -3.06% compared to the previous year's $816.43 million. Losses were -$9.66 million, -92.86% less than in 2024.

Financial Statements

News

Forum Energy Technologies Announces Timing of First Quarter 2026 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its first quarter 2026 earnings conference call at 10:00 a.m. Central Time on Friday, May 1, 202...

14 days ago - Business Wire

Forum Energy Technologies Transcript: Emerging Growth Conference 91

The company highlighted strong revenue and EBITDA growth, significant capital returns, and a disciplined, capital-light business model. Its strategy focuses on market share gains in both established and growth markets, aiming to double revenue and quadruple EBITDA by 2030.

26 days ago - Transcripts

Forum Energy Technologies to Present at the Emerging Growth Conference

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, and Lyle Williams, Executive Vice President and Chief Financ...

27 days ago - Business Wire

Forum Energy Technologies Transcript: Investor Summit Virtual Conference

The company highlighted strong financial growth, significant capital returns, and a robust outlook driven by innovation and targeted market expansion. Guidance projects $840M revenue in 2026, with potential to double revenue and quadruple EBITDA by 2030 through share gains and market growth.

4 weeks ago - Transcripts

Forum Energy Technologies to Present at the Investor Summit Virtual Conference

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, and Lyle Williams, Executive Vice President and Chief Financ...

5 weeks ago - Business Wire

Forum Energy Technologies Transcript: Sidoti March Small-Cap Virtual Conference

The company highlighted strong revenue and EBITDA growth, significant capital returns, and a robust backlog entering 2026. Strategic focus on targeted markets, innovation, and international expansion supports a plan to double revenue and quadruple EBITDA by 2030.

5 weeks ago - Transcripts

Forum Energy Technologies to Present at the Sidoti Virtual Small Cap Conference

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, and Lyle Williams, Executive Vice President and Chief Financ...

6 weeks ago - Business Wire

Forum Energy Technologies Earnings Call Transcript: Q4 2025

Delivered strong 2025 results with revenue and Free Cash Flow at the top end of guidance, driven by market share gains, innovation, and cost discipline. Entered 2026 with record backlog, guiding for 6% revenue and 16% EBITDA growth, and maintaining a flexible capital allocation strategy.

2 months ago - Transcripts

Forum Energy Technologies Announces Fourth Quarter and Full Year 2025 Results and Outlook; Repurchased 11% of Shares Outstanding in 2025

HOUSTON--(BUSINESS WIRE)--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. Adjusted ...

2 months ago - Business Wire

FET Extends Credit Facility Maturity to February 2031

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today it has entered into an amendment to its senior secured asset-based lending credit facility (“Credit Facility”). We...

2 months ago - Business Wire

Forum Energy Technologies Announces Timing of Fourth Quarter and Full Year 2025 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its fourth quarter and full year 2025 earnings conference call at 10:00 a.m. Central Time on Fri...

3 months ago - Business Wire

Forum Energy Technologies Announces Appointment of The Honorable Leslie A. Beyer to its Board of Directors

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced the appointment of The Honorable Leslie A. Beyer to its Board of Directors. Ms. Beyer will also serve as a member ...

3 months ago - Business Wire

Nauticus Robotics™ and Forum Energy Technologies Expand Subsea Autonomy Through a Manufacturing and Sales Agreement

HOUSTON , Dec. 11, 2025 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT, "Nauticus"), a leader in autonomous subsea robotics and intelligent software, today announced the signing of a Manufactur...

Other symbols: KITT
4 months ago - PRNewsWire

Forum Energy Technologies Transcript: Q4 Investor Summit Virtual

The company reported strong financial growth, outperforming industry benchmarks in revenue, cash flow, and stock price. Strategic focus on leadership and growth markets, operational efficiency, and capital returns positions it for significant expansion, with robust backlog and cost savings supporting future performance.

5 months ago - Transcripts

Forum Energy Technologies Transcript: 17th Annual Southwest IDEAS Conference

The conference highlighted strong financial growth, a capital-light model, and a strategy focused on market leadership and innovation. Plans include expanding internationally, especially in growth markets, and leveraging operating efficiency to double revenue and quadruple EBITDA by 2030.

5 months ago - Transcripts

Forum Energy Technologies to Present at the 17th Annual Southwest IDEAS Investor Conference

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, will present at the 17th Annual Southwest IDEAS Investor Con...

5 months ago - Business Wire

Forum Energy Technologies Earnings Call Transcript: Q3 2025

Q3 saw strong revenue, EBITDA, and free cash flow, with backlog at a multi-year high and robust share repurchases. Cost-saving initiatives and facility consolidations are set to boost margins, while the company targets doubling revenue by 2030 through market expansion and new products.

6 months ago - Transcripts

Forum Energy Technologies Announces Third Quarter 2025 Results; Raises Full Year 2025 Cash Flow Guidance

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced third quarter 2025 revenue of $196 million and net loss of $21 million or $1.76 per diluted share. Adjusted for $2...

6 months ago - Business Wire

Forum Energy Technologies Announces Timing of Third Quarter 2025 Earnings Conference Call

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that it will host its third quarter 2025 earnings conference call at 10:00 a.m. Central Time on Friday, October 31...

7 months ago - Business Wire

Forum Energy Technologies Transcript: Water Tower Research Fireside Chat

Vision 2030 targets doubling revenue by 2030 through market share gains in leadership and growth markets, leveraging innovation, international expansion, and a capital-light model. Financial guidance remains strong despite industry softness, with increased free cash flow and active share repurchases supporting shareholder value.

7 months ago - Transcripts

Forum Energy Technologies to Participate in Water Tower Research Fireside Chat

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today that Neal Lux, President and Chief Executive Officer, and Lyle Williams, Executive Vice President and Chief Financ...

7 months ago - Business Wire

Interactive Strength Inc. (Nasdaq:TRNR) Updates FAQ's About Increased Guidance to $80M Pro Forma Revenue, Sportstech and TRNR's $50M Digital Asset Treasury

AUSTIN, TX / ACCESS Newswire / September 11, 2025 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the Wattbike, CLMBR and FOR...

Other symbols: TRNR
8 months ago - Accesswire

Forum Energy Technologies Announces Secondary Listing on NYSE Texas

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) announced today the secondary listing of its common stock on NYSE Texas, a fully electronic equities exchange headquartered in Dal...

9 months ago - Business Wire

Forum Energy Technologies Earnings Call Transcript: Q2 2025

Sequential growth in bookings, revenue, and free cash flow drove backlog to a decade high, with strong offshore and subsea performance. Raised 2025 free cash flow guidance and accelerated share repurchases, while maintaining a focus on cost reductions and market share gains.

9 months ago - Transcripts

Forum Energy Technologies Announces Second Quarter 2025 Results; Raises Full Year 2025 Cash Flow Guidance

HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced second quarter 2025 revenue of $200 million and net income of $8 million or $0.61 per diluted share. Adjusted for ...

9 months ago - Business Wire