---
title: "FORUM ENERGY TECHNOLOGIES, INC. Q2 2026: Revenue $226.2M, EPS $1.05— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294539505.md"
description: "Forum Energy Technologies reported Q2 2026 revenue of $226.2M and diluted EPS of $1.05, up 13.2% and 72.1% year-over-year respectively. Net income rose to $12.4M, driven by strong sales in Drilling & Completions and Artificial Lift segments. Improved margins resulted from cost savings and operating leverage, with management citing sustained demand for efficiency technologies despite geopolitical volatility."
datetime: "2026-07-31T16:41:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294539505.md)
  - [en](https://longbridge.com/en/news/294539505.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294539505.md)
---

# FORUM ENERGY TECHNOLOGIES, INC. Q2 2026: Revenue $226.2M, EPS $1.05— 10-Q Summary

Forum Energy Technologies, Inc. reported second-quarter 2026 results with revenue of $226.2M and diluted EPS of $1.05, driven by higher sales across Drilling & Completions and Artificial Lift and resulting in stronger net income versus the prior-year quarter.

**Financial Highlights**

-   Revenue was $226.2M, compared with $199.8M in the prior-year quarter; YoY change 13.2%.
-   Net income was $12.4M, compared with $7.7M in the prior-year quarter; YoY change 61.1%.
-   Diluted EPS was $1.05, compared with $0.61 in the prior-year quarter; YoY change 72.1%.

**Business Highlights**

-   Total revenue rose 13.2% quarter over quarter and 10.7% year-to-date, led by Drilling & Completions and Artificial Lift segments.
-   Consumables and activity-based products accounted for roughly 75% of H1 revenue, supporting recurring demand versus capital products.
-   Strong sales of ROVs, wireline cable, coiled tubing, sand/flow control and valves helped lift segment performance and margins.
-   Improved margins reflected cost savings, facility consolidation and operating leverage that increased segment operating income and profitability.
-   Management noted that geopolitical-driven commodity volatility and disciplined customer spending should sustain demand for efficiency and emissions‑reducing technologies.

Original SEC Filing: FORUM ENERGY TECHNOLOGIES, INC. \[ FET \] - 10-Q - Jul. 31, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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