TechnipFMC Subsea — Revenue increased by 0.6% to $2.21B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.1%, from $1.94B to $2.21B. Over 4 years (FY 2021 to FY 2025), Subsea — Revenue shows an upward trend with a 12.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Increasing revenue indicates strong demand for offshore oil and gas development projects and successful execution of subsea contracts.
Total revenue generated from the sale of subsea equipment and integrated subsea engineering and construction services. T...
Standard across oilfield service peers reporting subsea or offshore segments.
fti_segment_subsea_revenues| 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 | $1.39B | $1.31B | $1.24B | $1.29B | $1.41B | $1.42B | $1.34B | $1.39B | $1.62B | $1.71B | $1.72B | $1.73B | $2.01B | $2.03B | $2.05B | $1.94B | $2.22B | $2.32B | $2.19B | $2.21B |
| QoQ Change | — | -5.9% | -5.8% | +4.3% | +9.7% | +0.0% | -5.1% | +3.4% | +16.6% | +5.6% | +0.7% | +0.8% | +15.8% | +0.9% | +1.0% | -5.5% | +14.5% | +4.6% | -5.4% | +0.6% |
| YoY Change | — | — | — | — | +1.5% | +7.8% | +8.6% | +7.6% | +14.4% | +20.7% | +28.2% | +25.0% | +24.1% | +18.7% | +19.0% | +11.6% | +10.3% | +14.4% | +7.1% | +14.1% |