Business Segments · Cost of Sales

Subsea — Cost of Sales

TechnipFMC Subsea — Cost of Sales decreased by 2.8% to $1.69B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.0%, from $1.54B to $1.69B. Over 3 years (FY 2022 to FY 2025), Subsea — Cost of Sales shows an upward trend with a 12.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

Rising costs relative to revenue may indicate supply chain inflation or operational inefficiencies in project execution.

Detailed definition

Direct costs associated with the production, delivery, and installation of subsea equipment and services. This includes...

Peer comparison

Standard cost of goods sold metric for manufacturing and service segments.

Metric ID: fti_segment_subsea_cost_of_sales

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.19B$1.19B$1.19B$1.19B$1.35B$1.35B$1.35B$1.35B$1.46B$1.58B$1.61B$1.71B$1.54B$1.70B$1.79B$1.74B$1.69B
QoQ Change+0.0%+0.0%+0.0%+13.6%+0.0%+0.0%+0.0%+7.8%+8.3%+1.6%+6.7%-10.2%+10.4%+5.1%-2.5%-2.8%
YoY Change+13.6%+13.6%+13.6%+13.6%+7.8%+16.7%+18.6%+26.6%+5.5%+7.6%+11.2%+1.7%+10.0%
Range$1.19B$1.79B
CAGR+9.2%
Avg YoY Growth+12.3%
Median YoY Growth+13.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is TechnipFMC's subsea — cost of sales?
TechnipFMC (FTI) reported subsea — cost of sales of $1.69B in Q1 2026.
How has TechnipFMC's subsea — cost of sales changed year-over-year?
TechnipFMC's subsea — cost of sales increased by 10.0% year-over-year, from $1.54B to $1.69B.
What is the long-term trend for TechnipFMC's subsea — cost of sales?
Over 3 years (2022 to 2025), TechnipFMC's subsea — cost of sales has grown at a 12.4% compound annual growth rate (CAGR), from $4.77B to $6.77B.
What does subsea — cost of sales mean?
The direct costs incurred to produce and deliver subsea products and services.