Key Takeaways Forum Energy launched 10 new products in 2025, and lifted its backlog to $312M, up 46% from 2024.FET drives growth via innovation, customer collaboration and structural cost cuts to boost margins.Forum Energy generated $80M free cash flow, repurchased ~1.4M shares and cut net debt by 28% in 2025.Forum Energy Technologies, Inc. (FET) is primarily involved in providing highly engineered products to support the operations of oil, natural gas and renewable companies. As a global manufacturing firm ...