Forum Energy Technologies reported second quarter 2026 results with revenue of $226 million, an 8% sequential increase. Net income rose 176% to $12 million ($1.05 per diluted share), while adjusted net income increased 148% to $14 million ($1.16 per diluted share). Adjusted EBITDA grew 39% sequentially to $32 million, and the company repurchased $8 million of stock in the first half of 2026. The firm raised its full year 2026 guidance for revenue to $870-$910 million, adjusted EBITDA to $115-$125 million, and adjusted net income to $42-$52 million. Forum Energy Technologies manufactures equipment and consumables for the oil and natural gas industry.