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

Q3 revenue is forecast at $225 million-$245 million, with full-year revenue guidance raised to $870 million-$910 million.

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.