FORUM ENERGY TECHNOLOGIES, INC. 8-K
Research Summary
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Forum Energy Technologies Reports Earnings for Quarter Ended Dec 31, 2025
What Happened
Forum Energy Technologies, Inc. (FET) furnished a Form 8-K on Feb 19, 2026 to announce its earnings for the quarter ended December 31, 2025. The company attached a press release (Exhibit 99.1) disclosing results and presenting several non-GAAP financial measures alongside reconciliations to comparable GAAP metrics. The report was signed by John C. Ivascu, Executive Vice President and General Counsel.
Key Details
- Press release dated February 19, 2026, reporting results for the quarter ended December 31, 2025.
- Company furnished (not “filed”) non-GAAP measures including EBITDA, adjusted EBITDA, adjusted operating income, adjusted net income, Adjusted Diluted EPS, book-to-bill ratio, free cash flow (before acquisitions), free cash flow yield, net leverage ratio, and free cash flow conversion.
- The press release includes a reconciliation of the non-GAAP measures to the most directly comparable GAAP measures.
- The company explained management’s view that these metrics help assess operating performance and liquidity and are widely used by investors, but cautioned they are not substitutes for GAAP results.
Why It Matters
This 8-K notifies investors that FET has published its quarterly earnings and provided supplemental non-GAAP metrics and reconciliations that management uses to assess operations and liquidity (e.g., EBITDA and free cash flow). These measures can help investors compare operating performance across periods, but should be reviewed together with the GAAP results in the press release. The filing itself is furnished (limiting Section 18 liability), so investors should rely on the press release and any subsequent filings for full financial detail.