TechnipFMC Middle East — Revenue decreased by 24.9% to $149.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.5%, from $134.40M to $149.80M. Over 4 years (FY 2021 to FY 2025), Middle East — Revenue shows an upward trend with a 23.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates successful project wins, expansion of service contracts, or higher activity levels in regional oil and gas developments. A decrease suggests project delays, contract completions, or a reduction in regional capital spending by clients.
This metric represents the total gross sales generated by the company's operations within the Middle East geographic reg...
Peers in the oilfield services sector typically report revenue by geographic segment to highlight regional exposure; this metric is comparable to regional revenue disclosures from companies like SLB, Baker Hughes, or Halliburton.
fti_segment_middle_east_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 | $74.30M | $69.60M | $61.80M | $60.90M | $106.30M | $89.60M | $134.10M | $121.10M | $101.50M | $89.10M | $46.10M | $79.50M | $106.80M | $116.00M | $213.30M | $134.40M | $195.20M | $187.30M | $199.60M | $149.80M |
| QoQ Change | — | -6.3% | -11.2% | -1.5% | +74.5% | -15.7% | +49.7% | -9.7% | -16.2% | -12.2% | -48.3% | +72.5% | +34.3% | +8.6% | +83.9% | -37.0% | +45.2% | -4.0% | +6.6% | -24.9% |
| YoY Change | — | — | — | — | +43.1% | +28.7% | +117.0% | +98.9% | -4.5% | -0.6% | -65.6% | -34.4% | +5.2% | +30.2% | +362.7% | +69.1% | +82.8% | +61.5% | -6.4% | +11.5% |