TechnipFMC FTI Services — Cost of product and service revenue
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Where this comes from
Reported directly by TechnipFMC in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
The official record: TechnipFMC’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is TechnipFMC's services — cost of product and service revenue?
- TechnipFMC (FTI) reported services — cost of product and service revenue of $1.01B in Q1 2026.
- How has TechnipFMC's services — cost of product and service revenue changed year-over-year?
- TechnipFMC's services — cost of product and service revenue decreased by 7.8% year-over-year, from $1.09B to $1.01B.
- What is the long-term trend for TechnipFMC's services — cost of product and service revenue?
- Over 4 years (2021 to 2025), TechnipFMC's services — cost of product and service revenue has grown at a 11.1% compound annual growth rate (CAGR), from $3.08B to $4.7B.
- What does services — cost of product and service revenue mean?
- This metric measures the direct costs associated with delivering technical services, including labor, specialized equipment mobilization, and field support expenses. It reflects the operational efficiency of the service division in executing projects and maintaining client assets. Monitoring this cost helps investors understand the direct margin profile of the company's service-oriented business model.