FORUM ENERGY TECHNOLOGIES, INC. 8-K/A

What Happened

• Forum Energy Technologies, Inc. issued a press release on February 19, 2026 announcing financial results for the quarter ended December 31, 2025. That press release was furnished as Exhibit 99.1 to an 8-K amendment filed May 15, 2026.
• The release includes a range of non‑GAAP financial measures and a reconciliation to the most directly comparable GAAP measures.

Key Details

• Press release date: February 19, 2026; 8-K amendment filed: May 15, 2026 (signed by John C. Ivascu).
• Non‑GAAP measures disclosed: EBITDA, adjusted EBITDA, adjusted operating income, adjusted net income, Adjusted Diluted EPS, book-to-bill ratio, free cash flow before acquisitions (free cash flow), free cash flow yield, net leverage ratio, and free cash flow conversion.
• The filing includes reconciliations of the non‑GAAP metrics to GAAP results.
• The company states these metrics are provided to help assess operating performance and liquidity and are widely used in the investment community; the furnished information is not deemed “filed” under Section 18 of the Exchange Act.

Why It Matters

• For investors, the press release gives both GAAP results and supplemental non‑GAAP measures (like EBITDA and free cash flow) that management uses to evaluate operating performance, liquidity and capital allocation capacity.
• The reconciliations allow investors to compare the non‑GAAP metrics to GAAP figures and better understand adjustments management made; however, non‑GAAP measures should not be viewed as a substitute for GAAP results.