What is TechnipFMC's R&D?

TechnipFMC (FTI) reported R&D of $17.8M in Q1 2026.

How has TechnipFMC's R&D changed year-over-year?

TechnipFMC's R&D decreased by 6.8% year-over-year, from $19.1M to $17.8M.

What is the long-term trend for TechnipFMC's R&D?

Over 4 years (2021 to 2025), TechnipFMC's R&D has grown at a 1.5% compound annual growth rate (CAGR), from $78.4M to $83.1M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

TechnipFMC FTI R&D

R&D at other companies

Schlumberger SLB

$164M-4.7%

Baker HughesBKR

$133M-8.9%

Weatherford InternationalWFRD

$21M-27.6%

Flotek IndustriesFTK

$396K+11.5%

Segments

By segment

See full

Subsea$16.7M-8.7%

Surface Technologies$1.1M+37.5%

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

See full

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

See full

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$26.43B+85.1%

Enterprise value$26.78B+80.2%

P/E24.4×+8.7×

P/S2.6×+1.1×

Profitability

See full

Gross margin83.5%—

Operating margin1.2%—

Net margin10.6%+1.7pp

FCF margin13.2%-0.2pp

Returns & leverage

See full

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:ResearchAndDevelopmentExpense.

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 R&D?: TechnipFMC (FTI) reported R&D of $17.8M in Q1 2026.
How has TechnipFMC's R&D changed year-over-year?: TechnipFMC's R&D decreased by 6.8% year-over-year, from $19.1M to $17.8M.
What is the long-term trend for TechnipFMC's R&D?: Over 4 years (2021 to 2025), TechnipFMC's R&D has grown at a 1.5% compound annual growth rate (CAGR), from $78.4M to $83.1M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.