Forum Energy Technologies (FET) announced its Q4 and full-year 2025 results, reporting $202 million in revenue and $2 million in net income for Q4, and $891 million in orders for the full year with a 113% book-to-bill ratio. The company repurchased 11% of its shares outstanding in 2025 and provided full-year 2026 guidance including revenue of $800-$880 million and a 16% increase in adjusted EBITDA, driven by a strong backlog and market share gains.
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Forum Energy Technologies Announces Fourth Quarter and Full Year 2025 Results and Outlook; Repurchased 11% of Shares Outstanding in 2025
Forum Energy Technologies (FET) announced its Q4 and full-year 2025 results, reporting $202 million in revenue and $2 million in net income for Q4, and $891 million in orders for the full year with a 113% book-to-bill ratio. The company repurchased 11% of its shares outstanding in 2025 and provided full-year 2026 guidance including revenue of $800-$880 million and a 16% increase in adjusted EBITDA, driven by a strong backlog and market share gains.