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TechnipFMC FTI Subsea — Revenue

Other segment segments

Surface Technologies
$284.3M-4.4%

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Other financials

Income statement

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Revenue$2.5B+11.6%
Gross profit$586.5M+18.9%
Operating income$386.1M+38.8%
Net income$260.5M+83.5%
EPS (diluted)$0.64+93.9%

Balance sheet

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Cash & equivalents$960.8M-19.0%
Total debt$1.3B-24.4%
Total equity$3.4B+9.5%
Total assets$10.1B+1.1%

Cash flow

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Operating cash flow$332.5M-24.7%
CapEx$55.6M-10.0%
Free cash flow$276.9M-27.1%

Valuation

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Market cap$25.69B+80.0%
Enterprise value$26.04B+75.3%
P/E23.7×+8.1×
P/S2.5×+1.0×

Profitability

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Gross margin83.5%—
Operating margin1.2%—
Net margin10.6%+1.7pp
FCF margin13.2%-0.2pp

Returns & leverage

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Return on equity33.6%+6.4pp
Debt / equity0.4×-0.2×
Current ratio1.1×+0.1×

Where this comes from

Reported directly by TechnipFMC in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

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 subsea — revenue?
TechnipFMC (FTI) reported subsea — revenue of $2.21B in Q1 2026.
How has TechnipFMC's subsea — revenue changed year-over-year?
TechnipFMC's subsea — revenue increased by 14.1% year-over-year, from $1.94B to $2.21B.
What is the long-term trend for TechnipFMC's subsea — revenue?
Over 4 years (2021 to 2025), TechnipFMC's subsea — revenue has grown at a 12.9% compound annual growth rate (CAGR), from $5.33B to $8.67B.
What does subsea — revenue mean?
Total revenue generated from the sale of subsea equipment and integrated subsea engineering and construction services. This reflects the primary top-line performance of the company's offshore development business segment.