Business Segments · Revenue

Subsea — Revenue

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.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

Increasing revenue indicates strong demand for offshore oil and gas development projects and successful execution of subsea contracts.

Detailed definition

Total revenue generated from the sale of subsea equipment and integrated subsea engineering and construction services. T...

Peer comparison

Standard across oilfield service peers reporting subsea or offshore segments.

Metric ID: fti_segment_subsea_revenues

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$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%
Range$1.24B$2.32B
CAGR+10.2%
Avg YoY Growth+14.6%
Median YoY Growth+14.2%

Frequently Asked Questions

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?
The total sales generated by the subsea business segment.