Business Segments · Lease revenue

Subsea — Lease revenue

TechnipFMC Subsea — Lease revenue increased by 14.1% to $29.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 64.0%, from $17.80M to $29.20M. Over 4 years (FY 2021 to FY 2025), Subsea — Lease revenue shows an upward trend with a 24.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ2 2018
Last reportedQ1 2026

How to read this metric

Higher lease revenue suggests a growing installed base of equipment and a shift toward recurring service models.

Detailed definition

Revenue derived specifically from leasing subsea equipment to customers rather than direct sales. This represents a recu...

Peer comparison

Common in capital-intensive industries where equipment rental is a strategic alternative to outright purchase.

Metric ID: fti_segment_subsea_lease_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$16.10M$8.80M$8.40M$12.00M$18.30M$14.00M$12.70M$7.50M$17.90M$39.70M$32.90M$19.70M$18.10M$15.60M$19.00M$17.80M$28.40M$33.60M$25.60M$29.20M
QoQ Change-45.3%-4.5%+42.9%+52.5%-23.5%-9.3%-40.9%+138.7%+121.8%-17.1%-40.1%-8.1%-13.8%+21.8%-6.3%+59.6%+18.3%-23.8%+14.1%
YoY Change+13.7%+59.1%+51.2%-37.5%-2.2%+183.6%+159.1%+162.7%+1.1%-60.7%-42.2%-9.6%+56.9%+115.4%+34.7%+64.0%
Range$7.50M$39.70M
CAGR+13.4%
Avg YoY Growth+46.8%
Median YoY Growth+43.0%

Frequently Asked Questions

What is TechnipFMC's subsea — lease revenue?
TechnipFMC (FTI) reported subsea — lease revenue of $29.20M in Q1 2026.
How has TechnipFMC's subsea — lease revenue changed year-over-year?
TechnipFMC's subsea — lease revenue increased by 64.0% year-over-year, from $17.80M to $29.20M.
What is the long-term trend for TechnipFMC's subsea — lease revenue?
Over 4 years (2021 to 2025), TechnipFMC's subsea — lease revenue has grown at a 24.0% compound annual growth rate (CAGR), from $44.60M to $105.40M.
What does subsea — lease revenue mean?
Revenue earned from renting out subsea equipment to clients.