Services — Revenue
TechnipFMC Services — Revenue decreased by 8.4% to $1.21B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.3%, from $1.30B to $1.21B. Over 4 years (FY 2021 to FY 2025), Services — Revenue shows an upward trend with a 13.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher demand for maintenance, installation, or technical support services, often signaling a growing installed base of equipment or increased offshore activity. A decrease may suggest reduced client spending on asset maintenance or a shift in project mix toward equipment sales.
Detailed definition
This metric represents the total gross income generated from the provision of specialized offshore and subsea technical...
Peer comparison
Comparable to 'Service Revenue' or 'Aftermarket Revenue' reported by other oilfield service providers like Schlumberger or Baker Hughes.
fti_segment_services_revenueHistorical Data
| 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 | $913.40M | $901.00M | $800.10M | $896.70M | $974.90M | $902.00M | $854.70M | $868.10M | $1.05B | $1.18B | $1.19B | $1.17B | $1.41B | $1.49B | $1.46B | $1.30B | $1.46B | $1.56B | $1.32B | $1.21B |
| QoQ Change | — | -1.4% | -11.2% | +12.1% | +8.7% | -7.5% | -5.2% | +1.6% | +20.9% | +12.5% | +0.4% | -1.6% | +20.6% | +6.1% | -2.3% | -10.5% | +12.0% | +6.8% | -15.3% | -8.4% |
| YoY Change | — | — | — | — | +6.7% | +0.1% | +6.8% | -3.2% | +7.6% | +30.9% | +38.7% | +34.3% | +34.0% | +26.3% | +23.0% | +11.9% | +3.9% | +4.5% | -9.4% | -7.3% |
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Frequently Asked Questions
- What is TechnipFMC's services — revenue?
- TechnipFMC (FTI) reported services — revenue of $1.21B in Q1 2026.
- How has TechnipFMC's services — revenue changed year-over-year?
- TechnipFMC's services — revenue decreased by 7.3% year-over-year, from $1.30B to $1.21B.
- What is the long-term trend for TechnipFMC's services — revenue?
- Over 4 years (2021 to 2025), TechnipFMC's services — revenue has grown at a 13.2% compound annual growth rate (CAGR), from $3.44B to $5.64B.
- What does services — revenue mean?
- The total revenue earned from providing technical and maintenance services to oil and gas clients.