Earnings ·
TechnipFMC reports Q3 net income of $418M, EPS of $1.05; raises full-year Subsea revenue guidance
FTITechnipFMC plc
TechnipFMC reported third-quarter 2026 results with total revenue of $2,895.8 million and net income attributable to shareholders of $418.4 million, or $1.05 per diluted share. Adjusted EBITDA reached $627.8 million, up 21% year-over-year. The company raised its full-year Subsea revenue guidance to a range of $9.6–$9.8 billion and initiated 2027 Subsea revenue guidance of $10.0–$10.4 billion. Total inbound orders were $2,319.5 million, including $2.1 billion in Subsea awards from clients such as Azule Energy, PETRONAS, and Petrobras. Free cash flow was $470 million. TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering integrated projects, products, and services for offshore oil and gas development.