Current Liabilities

Current portion of accrued product warranty

TechnipFMC Current portion of accrued product warranty decreased by 1.8% to $81.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.5%, from $82.30M to $81.10M. Over 5 years (FY 2020 to FY 2025), Current portion of accrued product warranty shows a downward trend with a -5.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ2 2025
Last reportedQ1 2026

How to read this metric

An increase may signal concerns regarding product quality or a larger installed base, while a decrease suggests improved product reliability or lower expected claims.

Detailed definition

This represents the estimated cost of fulfilling warranty obligations for products sold that are expected to be settled...

Peer comparison

Common in heavy machinery and automotive sectors; highly dependent on product reliability and warranty terms.

Metric ID: current_liabilities_product_warranty_accrual_classified_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$103.50M$90.50M$71.00M$64.80M$59.60M$63.60M$65.30M$63.50M$67.10M$79.00M$60.90M$57.70M$60.60M$63.30M$68.00M$82.30M$100.30M$94.60M$82.60M$81.10M
QoQ Change-12.6%-21.5%-8.7%-8.0%+6.7%+2.7%-2.8%+5.7%+17.7%-22.9%-5.3%+5.0%+4.5%+7.4%+21.0%+21.9%-5.7%-12.7%-1.8%
YoY Change-42.4%-29.7%-8.0%-2.0%+12.6%+24.2%-6.7%-9.1%-9.7%-19.9%+11.7%+42.6%+65.5%+49.4%+21.5%-1.5%
Range$57.70M$103.50M
CAGR-5.0%
Avg YoY Growth+6.2%
Median YoY Growth-1.7%
Current Streak3 quarters decline

Frequently Asked Questions

What is TechnipFMC's current portion of accrued product warranty?
TechnipFMC (FTI) reported current portion of accrued product warranty of $81.10M in Q1 2026.
How has TechnipFMC's current portion of accrued product warranty changed year-over-year?
TechnipFMC's current portion of accrued product warranty decreased by 1.5% year-over-year, from $82.30M to $81.10M.
What is the long-term trend for TechnipFMC's current portion of accrued product warranty?
Over 5 years (2020 to 2025), TechnipFMC's current portion of accrued product warranty has grown at a -5.5% compound annual growth rate (CAGR), from $109.60M to $82.60M.
What does current portion of accrued product warranty mean?
The estimated cost of warranty claims the company expects to pay out within the next year.