10-Q quarterly report · filed Jul 31, 2026

FORUM ENERGY TECHNOLOGIES, INC. (FET) Q2 2026 10-Q Quarterly Report

Short answer

FORUM ENERGY TECHNOLOGIES, INC. (FET) filed its Q2 2026 10-Q quarterly report on Jul 31, 2026 for the quarter ended Jun 30, 2026.

FORUM ENERGY TECHNOLOGIES, INC. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $226.2M, up 13.2% YoY from $199.8M
  • Artificial Lift and Downhole revenue $87.4M, up 5.9%; Drilling and Completions revenue $139.0M, up 18.6%
  • Segment operating margin 9.3% vs 4.1% YoY; Artificial Lift and Downhole margin 18.7% vs 12.6%
  • Cash $33.7M; operating cash flow $14.1M vs $25.1M YoY
  • Global active rigs 1,759 vs 1,777 YoY; geopolitical volatility and customer capital discipline as near-term headwinds

Risk Factors

  • No risk-factors section provided; submitted text covers equity repurchases, exhibits, and signatures
  • Repurchase authorization: $33.1 million remaining as of June 30, 2026
  • Share-repurchase cash outlay: $7.6 million during six months ended June 30, 2026
  • Subsequent repurchases: approximately 16 thousand shares for $0.8 million through July 24, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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