Forum Energy Technologies Posts Impressive Third Quarter Results

Forum Energy Technologies has delivered a standout performance in the third quarter of 2025, with financial metrics that have generated significant positive momentum for its shares. Investors are responding enthusiastically to the company’s substantial order intake and an improved outlook for free cash flow generation.

The company reported quarterly revenue of $196 million, a figure that landed at the high end of its projected range. More notably, new bookings surged to $240 million, resulting in a book-to-bill ratio of 122%. This robust demand propelled the company’s order backlog to a level not seen since 2015, marking a substantial 21% increase.

Profitability also showed marked improvement. The adjusted EBITDA figure climbed by 13% sequentially to Read more...