Forum Energy Technologies Q2 2026 net income rises 61% to $12.41 million; revenue increases 8% to $226.22 million

Reuters2026/07/30 21:22

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Forum Energy Technologies posted Q2 2026 net income of $12.41 million as revenue rose 8% sequentially to $226.22 million.
Adjusted EBITDA climbed 48% year over year to $31.73 million, with adjusted net income of $13.71 million.
Net leverage fell to 1.1x, with free cash flow enabling share repurchases while reducing leverage.
Q3 revenue is forecast at $225 million-$245 million, with full-year revenue guidance raised to $870 million-$910 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Forum Energy Technologies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260730243910) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Forum Energy Technologies Q2 2026 net income rises 61% to $12.41 million; revenue increases 8% to $226.22 million

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