Earnings Releases·Oct 29, 2026, 6:48 AM ET

TechnipFMC — Third Quarter 2026 Earnings Summary

Total revenue rose 9.4% year-over-year to $2,895.8 million, while net income increased 35.1% YoY to $418.4 million ($1.05 per share); adjusted EBITDA grew 21.0% YoY to $627.8 million with a 21.7% margin.
Full-year 2026 guidance was upgraded for Subsea revenue ($9.6B–$9.8B vs. previously $9.2B–$9.6B) and free cash flow ($1.45B–$1.55B vs. previously $1.3B–$1.45B), alongside a lowered effective tax rate outlook (25%–27%).
Inbound orders declined 12.4% YoY to $2,319.5 million, though the Subsea Opportunities List expanded for the ninth consecutive quarter to $32 billion, signaling sustained deepwater activity.
The company returned $339.5 million to shareholders during the quarter, including $320 million in share repurchases, and secured strategic agreements with PETRONAS and bp.