TechnipFMC Africa — Revenue increased by 7.6% to $413.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 59.3%, from $259.50M to $413.40M. Over 4 years (FY 2021 to FY 2025), Africa — Revenue shows an upward trend with a 4.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates successful project acquisition or expansion of service delivery in the region, while a decrease may signal project completions, regional economic headwinds, or increased competitive pressure.
This metric represents the total gross sales generated from operations, projects, and service contracts within the Afric...
Comparable to geographic revenue segments reported by other global oilfield service providers, though specific regional performance is highly dependent on local capital expenditure cycles and major offshore project awards.
fti_segment_africa_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $283.60M | $266.30M | $251.00M | $191.60M | $263.30M | $224.10M | $224.20M | $220.20M | $227.10M | $202.80M | $319.80M | $308.50M | $235.90M | $283.20M | $439.90M | $259.50M | $261.70M | $394.10M | $384.20M | $413.40M |
| QoQ Change | — | -6.1% | -5.7% | -23.7% | +37.4% | -14.9% | +0.0% | -1.8% | +3.1% | -10.7% | +57.7% | -3.5% | -23.5% | +20.1% | +55.3% | -41.0% | +0.8% | +50.6% | -2.5% | +7.6% |
| YoY Change | — | — | — | — | -7.2% | -15.8% | -10.7% | +14.9% | -13.7% | -9.5% | +42.6% | +40.1% | +3.9% | +39.6% | +37.6% | -15.9% | +10.9% | +39.2% | -12.7% | +59.3% |