Friday 6 November 2026 Export FTI’s income statement to Excel — free account

TechnipFMC plc

FTI Energy Oil & Gas Equipment & Services

TechnipFMC plc’s revenue for fiscal 2025 (year ended December 2025) was $9.9 billion, up 9.35% from fiscal 2024.

Revenue: +9.39%
EPS: +40.8%
Free cash flow: +4.89%
Total debt: −10.2%

Quarter to September 2026, against a year earlier

61.96 2.54 −3.94%

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Market cap: $24.0B
P/E: 19.1×
Fwd P/E: 21.7×
Dividend yield: 0.32%
F-score: 9/9
Altman Z: 2.61
Beneish M: −2.99
Dividend safety: 78/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

TechnipFMC plc (FTI) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Subsea	8,666	87.25%
Surface Technologies	1,267	12.75%
Gross margin		21.96%
Operating margin		13.29%
Pre-tax margin		12.79%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Services	5,643 56.81%	5,521 60.78%	4,283 54.74%	3,628 54.15%	3,441 53.73%	3,267 50.02%	3,412 49.09%	9,058 72.16%	11,446 76.02%	9,129 99.23%
Products	3,998 40.25%	3,320 36.55%	3,267 41.76%	2,857 42.64%	2,804 43.79%	3,122 47.80%	3,272 47.07%	3,273 26.07%	3,416 22.69%	71 0.77%
Other, not broken out	292 2.94%	243 2.67%	274 3.50%	215 3.21%	158 2.47%	142 2.17%	267 3.83%	223 1.77%	195 1.29%	—
Revenue	9,933	9,083	7,824	6,700	6,404	6,531	6,950	12,553	15,057	9,200

Gross profit by product or service $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Services	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Products	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015
Subsea	8,666 87.25%	7,820 86.09%	6,435 82.24%	5,461 81.51%	5,329 83.22%	5,471 83.78%	5,420 77.98%	4,722 37.62%	5,877 39.03%	5,851 63.60%	6,521 56.84%
Surface Technologies	1,267 12.75%	1,263 13.91%	1,389 17.76%	1,239 18.49%	1,074 16.78%	1,059 16.22%	1,531 22.02%	1,488 11.85%	1,275 8.47%	—	—
Technip Energies	—	—	—	—	—	—	—	6,121 48.76%	7,905 52.50%	3,349 36.40%	4,951 43.16%
Other, not broken out	—	—	—	—	—	—	—	223 1.77%	—	—	—
Revenue	9,933	9,083	7,824	6,700	6,404	6,531	6,950	12,553	15,057	9,200	11,472

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015
Subsea	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Surface Technologies	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Technip Energies	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015
Brazil	2,158 21.73%	1,711 18.83%	1,688 21.57%	1,047 15.63%	768 11.99%	601 9.20%	1,086 15.63%	1,479 11.78%	911 6.05%	1,007 10.95%	1,102 9.61%
United States	1,436 14.46%	1,766 19.44%	1,570 20.06%	1,348 20.12%	1,137 17.76%	1,320 20.21%	1,459 20.99%	1,276 10.16%	1,535 10.19%	1,034 11.24%	1,403 12.23%
Norway	1,376 13.85%	1,151 12.68%	1,134 14.49%	908 13.55%	980 15.30%	1,217 18.63%	1,353 19.46%	1,203 9.58%	971 6.45%	574 6.24%	1,293 11.27%
United Kingdom	840 8.46%	863 9.50%	867 11.08%	710 10.60%	543 8.47%	489 7.49%	536 7.71%	442 3.52%	466 3.09%	762 8.28%	1,155 10.07%
All other countries	768 7.73%	756 8.32%	913 11.67%	700 10.45%	611 9.54%	573 8.77%	786 11.30%	2,210 17.60%	3,084 20.48%	3,828 41.61%	4,460 38.88%
Guyana	749 7.54%	796 8.76%	500 6.40%	369 5.51%	315 4.91%	330 5.05%	7 0.10%	8 0.06%	—	—	—
Angola	536 5.39%	830 9.13%	401 5.12%	248 3.70%	406 6.34%	483 7.39%	498 7.17%	386 3.07%	1,016 6.75%	935 10.17%	1,014 8.84%
Australia	391 3.93%	350 3.85%	175 2.23%	295 4.41%	420 6.56%	123 1.88%	133 1.92%	927 7.38%	954 6.34%	777 8.44%	1,045 9.11%
Nigeria	327 3.29%	114 1.25%	54 0.70%	—	—	—	—	—	—	—	—
Indonesia	326 3.28%	169 1.86%	50 0.64%	43 0.64%	225 3.51%	280 4.29%	263 3.78%	131 1.04%	295 1.96%	—	—
Israel	268 2.70%	90 0.99%	9 0.11%	117 1.75%	—	179 2.75%	320 4.60%	244 1.94%	7 0.05%	—	—
Mozambique	217 2.18%	98 1.08%	154 1.96%	284 4.24%	472 7.37%	320 4.91%	80 1.15%	116 0.93%	—	—	—
United Arab Emirates	214 2.16%	195 2.15%	161 2.06%	118 1.76%	49 0.77%	39 0.60%	—	460 3.67%	309 2.05%	—	—
Saudi Arabia	196 1.97%	188 2.07%	149 1.90%	99 1.47%	120 1.87%	—	—	—	—	—	—
Suriname	132 1.32%	7 0.08%	0 0.00%	—	—	—	—	—	—	—	—
Malaysia	—	—	—	229 3.41%	207 3.23%	190 2.91%	197 2.84%	362 2.89%	375 2.49%	—	—
Ghana	—	—	—	185 2.76%	73 1.15%	34 0.52%	—	—	—	—	—
Trinidad And Tobago	—	—	—	—	78 1.22%	106 1.63%	43 0.62%	—	—	—	—
Singapore	—	—	—	—	—	220 3.37%	191 2.74%	23 0.19%	—	—	—
Indiana	—	—	—	—	—	27 0.41%	0 0.00%	214 1.70%	135 0.90%	—	—
Russian Federation	—	—	—	—	—	—	—	2,773 22.09%	4,894 32.50%	283 3.08%	0 0.00%
France	—	—	—	—	—	—	—	139 1.11%	—	—	—
China	—	—	—	—	—	—	—	112 0.89%	105 0.70%	—	—
Viet Nam	—	—	—	—	—	—	—	35 0.28%	—	—	—
Egypt	—	—	—	—	—	—	—	13 0.11%	—	—	—
Senegal	—	—	—	—	—	—	—	1 0.01%	—	—	—
Revenue	9,933	9,083	7,824	6,700	6,404	6,531	6,950	12,553	15,057	9,200	11,472

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Backlog	Q3 FY2026	$16.1B	$16.8B	−4.45%
Inbound orders	Q3 FY2026	$2.3B	—	—
Remaining performance obligations	Q3 FY2026	$15.1B	$16.8B	−10.19%
Subsea backlog	Q3 FY2026	$15.5B	$16.0B	−3.44%
Subsea book-to-bill	Q3 FY2026	0.8×	1.0×	−20.00%
Subsea inbound orders	Q3 FY2026	$2.1B	$2.4B	−13.86%
Surface Technologies backlog	Q3 FY2026	$578.8M	$775.4M	−25.35%
Surface Technologies inbound orders	Q3 FY2026	$268.0M	$266.6M	+0.53%
Total Company non-consolidated backlog	Q3 FY2026	$384.0M	$362.0M	+6.08%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q4 FY2022	Q3 FY2018	Q2 FY2018	Q1 FY2018
Backlog	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Inbound orders	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Subsea backlog	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Subsea book-to-bill	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Subsea inbound orders	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Surface Technologies backlog	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Surface Technologies inbound orders	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total Company non-consolidated backlog	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.