Recent Updates — FTI

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.

TechnipFMC plc reported second-quarter 2026 financial results, posting total revenue of $2,763.1 million and net income of $362.7 million, or $0.90 per diluted share. Subsea segment revenue reached $2,486.9 million with an adjusted EBITDA margin of 23.2 percent, while inbound orders totaled $2,507.1 million. The company generated $488 million in free cash flow and returned $440 million to shareholders through a combination of share repurchases totaling $420.1 million and dividends of $19.8 million. TechnipFMC operates as a technology provider delivering integrated projects, products, and services to the traditional and new energy industries.