Forum Energy Technologies Inc 2025年度报告

Form 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December31, 2025 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Forthe transition period from __________ to __________ Commission File Number 001-35504 FORUM ENERGY TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 61-1488595 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Securities registered pursuant to Section 12(b) of the Act: Securitiesregistered pursuant to Section 12(g) of the Act: None Indicateby check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☐No☑ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐No☑ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days. Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting companyor an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerginggrowth company” in Rule 12b-2 of the Exchange Act: Large accelerated filer☐Accelerated filer☑Non-accelerated filerSmaller reporting company☑Emerging growth company☐ Table of Contents If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of itsinternal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firmthat prepared or issued its audit report.☑ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant includedin the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No☑ The aggregate market value of Common Stock held by non-affiliates on June30, 2025, determined using the per share closing price on the NewYork Stock Exchange Composite tape of $19.47on June30, 2025, was approximately $225.5 million. For this purpose, our executive officers anddirectors are considered affiliates. As of February20, 2026, there were 11,256,150 common shares outstanding. Portions of our Proxy Statement for the 2026 Annual Meeting of Stockholders are incorporated by reference into Part III of this report. PART I Item 1. Business Forum Energy Technologies, Inc., a Delaware corporation (the “Company,” “FET,” “we,” “our” or “us”), is a globalmanufacturing company serving the oil, natural gas, defense and renewable energy industries. Our common shares arelisted on the New York Stock Exchange (“NYSE”) and NYSE Texas under the symbol “FET.” Our principal executiveoffices are located at 10344 Sam Houston Park Drive, Houston, Texas 77064, our telephone number is (713) 351-7900,and our website is www.f-e-t.com. Our Annual Reports on Form 10-K, quarterly reports on Form 10-Q and current reportson Form 8-K, and all amendments thereto, are available free of charge in the “Investors” section of our website as soon asreasonably practicable after such reports are electronically filed with or furnished to the Securities and ExchangeCommission (“SEC”). These reports are also available on the SEC’s website at www.sec.gov. Information contained on oraccessible from our website is not incorporated by reference into this Annual Report on Form 10-K and should not beconsidered part of this report or any other filing that we make with the SEC. Overview FET optimizes customer operations by improving safety, increas