FORUM ENERGY TECHNOLOGIES, INC. (FET) Latest Filing Signal

Based on earningsVibe SuperAnalyst™ synthesis of the latest 10-K, FORUM ENERGY TECHNOLOGIES, INC.'s filing signal turned negative.

Forum Energy Technologies, Inc. is a global manufacturing company that provides engineered products and solutions to the oil, natural gas, defense, and renewable energy industries, aiming to improve customer safety, efficiency, and environmental impact. The company operates through two primary segments: Drilling and Completions, and Artificial Lift and Downhole. In 2025, approximately 80% of its revenue was derived from consumable products and activity-based equipment, with the remainder from capital products and services. FET focuses on developing products that help oil and gas operators reduce expenses and emissions, while also expanding into renewable energy applications. Its customer base includes operators, service companies, pipeline and refinery operators, defense contractors, and renewable energy firms.

Revenue is primarily driven by the sale of consumable products and activity-based equipment, which accounted for approximately 80% of revenue in 2025. Capital products and services contribute the remaining revenue.