Jun 2026 (Q2 FY26) — Jul 30, 2026
TechnipFMC Q2 FY26 — Strong Execution Drives Raised Full-Year Outlook
Read the full callTechnipFMC (FTI) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
TechnipFMC earnings: last reported Thu, 30 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 2,763 | +9.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 19.0 | +3.1 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 363 | +34.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
28 of 32 judged targets kept · 27 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Corporate expense (quarterly guide) | decline approximately 25% in the second quarter | Mar 2026 | Corporate expense was $26 million | Achieved |
| Full-year total company adjusted EBITDA | expected to exceed $2.1 billion at the midpoint of our guidance items | Dec 2025 | we are increasing our expectation for total company adjusted EBITDA to approximately $2.19 billion for the full year when excluding foreign exchange. | Revised Up |
| Surface Technologies quarterly revenue (sequential guide) | decline approximately 10% when compared to fourth quarter results | Dec 2025 | In Surface Technologies, revenue was $284 million, a decrease of 12% from the fourth quarter. | Missed |
4 of TechnipFMC plc's 59 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 56 more targets are in the full ledger.
Claimed
- Total company revenue reached $2.8 billion in the period.
- Adjusted EBITDA was $601 million, with a margin of 21.8% (excluding FX impacts).
- Free cash flow generated was $488 million, with $440 million distributed to shareholders.
- Subsea inbound orders reached $2.5 billion in the quarter, contributing to a book-to-bill above 1.
- Full-year adjusted EBITDA expectation increased to approximately $2.19 billion.
Qualified
- Surface Technologies revenue decreased 3% sequentially, driven by reduced activity in the Middle East due to ongoing conflict and lower North America activity.
Price
$68.23 −1.83% · −$1.27
Performance +89.6% 1Y
1Y: $35.99 on 14 Oct 2025 → $68.23. High $80.08 (3 Sept 2026), low $35.57 (15 Oct 2025).
- Previous close
- $69.5
- 52-week range
- $35.57 – $80.08
- One year
- +91.82%
Overview
- Symbol
- FTI
- Sector
- Energy
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
28 of 32 judged targets kept · 27 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Corporate expense (quarterly guide) | decline approximately 25% in the second quarter | Mar 2026 | Corporate expense was $26 million | Achieved |
| Full-year total company adjusted EBITDA | expected to exceed $2.1 billion at the midpoint of our guidance items | Dec 2025 | we are increasing our expectation for total company adjusted EBITDA to approximately $2.19 billion for the full year when excluding foreign exchange. | Revised Up |
| Surface Technologies quarterly revenue (sequential guide) | decline approximately 10% when compared to fourth quarter results | Dec 2025 | In Surface Technologies, revenue was $284 million, a decrease of 12% from the fourth quarter. | Missed |
Claimed
- Total company revenue reached $2.8 billion in the period.
- Adjusted EBITDA was $601 million, with a margin of 21.8% (excluding FX impacts).
- Free cash flow generated was $488 million, with $440 million distributed to shareholders.
- Subsea inbound orders reached $2.5 billion in the quarter, contributing to a book-to-bill above 1.
- Full-year adjusted EBITDA expectation increased to approximately $2.19 billion.
Qualified
- Surface Technologies revenue decreased 3% sequentially, driven by reduced activity in the Middle East due to ongoing conflict and lower North America activity.
The full ledger
Open TechnipFMC plc’s full ledger
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Call summaries
Every analysed call
TechnipFMC earnings calls (FTI)
Financials
What the filings say
Net profit, year on year: +35% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 2,348 | 2,367 | 2,234 | 2,535 | 2,647 | 2,517 | 2,493 | 2,763 |
| Expenses | 2,061 | 2,165 | 1,973 | 2,145 | 2,242 | 2,252 | 2,142 | 2,278 |
| Operating profit | 323 | 267 | 278 | 404 | 438 | 316 | 386 | 526 |
| Operating margin | 13.7% | 11.3% | 12.4% | 15.9% | 16.6% | 12.6% | 15.5% | 19.0% |
| Interest | 22 | 22 | 23 | 22 | 19 | 18 | 17 | 11 |
| Profit before tax | 272 | 212 | 230 | 375 | 387 | 278 | 356 | 476 |
| Tax rate | −2.2% | −8.4% | 37.8% | 28.4% | 19.7% | 12.0% | 26.9% | 24.0% |
| Net profit | 275 | 225 | 142 | 270 | 310 | 243 | 261 | 363 |
| EPS ($ per share) | 0.64 | — | 0.34 | 0.65 | 0.76 | — | 0.65 | 0.92 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 451 | 447 | 450 | 451 | 442 | 433 | 423 | 401 |
| Reserves | 1,072 | -1,563 | -4,915 | -4,904 | -5,010 | -4,993 | -4,310 | -3,761 |
| Total liabilities | 14,357 | 15,790 | 15,435 | 6,602 | 6,168 | 6,485 | 6,731 | 6,713 |
| Fixed assets | 3,260 | 3,162 | 2,756 | 2,597 | 2,355 | 2,271 | 2,134 | 2,285 |
| Total assets | 24,785 | 23,519 | 19,693 | 10,020 | 9,444 | 9,657 | 9,869 | 10,118 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -185 | 849 | 657 | 781 | 352 | 693 | 961 | 1,765 |
| Cash from investing | -460 | -420 | -181 | 817 | 162 | -126 | -76 | -298 |
| Cash from financing | -445 | -784 | -1,082 | -5,065 | -797 | -656 | -648 | -1,621 |
| Net cash flow | — | -350 | -382 | -3,480 | -270 | -105 | 206 | -126 |
| Capital expenditure | -368 | -413 | -256 | -192 | -158 | -225 | -282 | -317 |
| Free cash flow | -553 | 436 | 401 | 590 | 194 | 468 | 679 | 1,447 |
FTI revenue by segment
Subsea grew from 86% to 90% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Subsea | 86% | 87% | 87% | 87% | 88% | 87% | 89% | 90% | +12.2% |
| Surface Technologies | 14% | 13% | 13% | 13% | 12% | 13% | 11% | 10% | -13.3% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Revenue by region
Q2 FY2026 · share of revenue
- Latin America 36% ↑ 3 pt
- Europe and Central Asia 24%
- Africa 12%
- North America 12% ↓ 3 pt
- Asia Pacific 8% ↓ 2 pt
- Middle East 8% ↑ 3 pt
As FTI cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
99 filings between Dec 1, 2025 and Sep 22, 2026.
Open market
decisions to buy or sellPurchases
$500.0K
1 purchase by 1 insider
Sales
$77.58M
21 sales by 12 insiders
71% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 32
- Award — granted as compensation
- 3
- Option exercise — converted options into shares
- 35
- Tax withheld — shares kept back by the company to cover tax
Also filed: 7 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Pferdehirt Douglas J. | — | $45.65M | Mar 9, 2026 |
| Rounce Justin | — | $10.70M | Mar 9, 2026 |
| Melin Alf | — | $7.93M | Mar 10, 2026 |
| Landes Jonathan | — | $7.23M | Mar 9, 2026 |
| Duffe Luana | — | $3.13M | May 5, 2026 |
| Mullins Eric D. | $500.0K | — | Aug 14, 2026 |
| OLEARY JOHN C G | — | $462.2K | May 19, 2026 |
| Priestly Kay G | — | $448.0K | May 5, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 22, 2026 | Sanchez Mogollon Alfredo Eduardo President, Surface | Gift | 1,000 | $0 |
| Sep 21, 2026 | Conti Thierry President, EMS | Sale 10b5-1 plan | 6,000 | $431.1K |
| Sep 21, 2026 | Conti Thierry President, EMS | Gift 10b5-1 plan | 1,500 | $0 |
| Sep 21, 2026 | Aalders Cristina EVP, Chief Legal Officer & Sec | Gift | 500 | $0 |
| Sep 21, 2026 | Melin Alf EVP & Chief Financial Officer | Gift | 700 | $0 |
| Sep 21, 2026 | Pferdehirt Douglas J. Chair and CEO | Gift | 500,000 | $0 |
| Sep 1, 2026 | dos Santos Iannone Valeria Augusta EVP, People & Culture | Tax withheld | 628 | $49.2K |
| Aug 25, 2026 | Pferdehirt Douglas J. Chair and CEO | Tax withheld | 639,925 | $48.12M |
| Aug 25, 2026 | Rounce Justin EVP & Chief Technology Officer | Tax withheld | 118,843 | $8.94M |
| Aug 25, 2026 | Melin Alf EVP & Chief Financial Officer | Tax withheld | 118,843 | $8.94M |
| Aug 14, 2026 | Mullins Eric D. Director | Purchase | 6,365 | $500.0K |
| Aug 3, 2026 | Aalders Cristina EVP, Chief Legal Officer & Sec | Tax withheld | 1,494 | $103.4K |
| Jul 27, 2026 | Melin Alf EVP & Chief Financial Officer | Award | 302,016 | $0 |
| Jul 27, 2026 | Rounce Justin EVP & Chief Technology Officer | Award | 302,016 | $0 |
| Jul 27, 2026 | Pferdehirt Douglas J. Chair and CEO | Award | 1,626,240 | $0 |
| Jun 1, 2026 | Mullins Eric D. Director | Award | 1,705 | $0 |
| May 19, 2026 | OLEARY JOHN C G Director | Sale | 6,350 | $462.2K |
| May 5, 2026 | Priestly Kay G Director | Sale | 6,000 | $448.0K |
| May 5, 2026 | FARLEY CLAIRE S Director | Sale | 4,500 | $336.0K |
| May 5, 2026 | Duffe Luana EVP, New Energy | Sale | 1,870 | $139.1K |
| Mar 24, 2026 | Zurquiyah Rousset Sophie Director | Sale | 6,350 | $440.2K |
| Mar 10, 2026 | Melin Alf EVP & Chief Financial Officer | Sale 10b5-1 plan | 43,554 | $2.75M |
| Mar 9, 2026 | Duffe Luana EVP, New Energy | Sale 10b5-1 plan | 47,951 | $2.99M |
| Mar 9, 2026 | Melin Alf EVP & Chief Financial Officer | Sale 10b5-1 plan | 53,189 | $3.31M |
| Mar 9, 2026 | Melin Alf EVP & Chief Financial Officer | Sale 10b5-1 plan | 30,532 | $1.87M |
| Mar 9, 2026 | Landes Jonathan President, Subsea | Gift 10b5-1 plan | 20,768 | $0 |
| Mar 9, 2026 | Landes Jonathan President, Subsea | Sale 10b5-1 plan | 36,067 | $2.28M |
| Mar 9, 2026 | Landes Jonathan President, Subsea | Sale 10b5-1 plan | 31,568 | $1.93M |
| Mar 9, 2026 | Landes Jonathan President, Subsea | Sale 10b5-1 plan | 48,559 | $3.02M |
| Mar 9, 2026 | Landes Jonathan President, Subsea | Option exercise 10b5-1 plan | 7,317 | $184.7K |
| Mar 9, 2026 | Rounce Justin EVP & Chief Technology Officer | Sale 10b5-1 plan | 45,758 | $2.89M |
| Mar 9, 2026 | Rounce Justin EVP & Chief Technology Officer | Sale 10b5-1 plan | 75,850 | $4.71M |
| Mar 9, 2026 | Landes Jonathan President, Subsea | Option exercise 10b5-1 plan | 10,873 | $229.4K |
| Mar 9, 2026 | Rounce Justin EVP & Chief Technology Officer | Sale 10b5-1 plan | 50,668 | $3.10M |
| Mar 9, 2026 | Rounce Justin EVP & Chief Technology Officer | Option exercise 10b5-1 plan | 39,108 | $644.1K |
| Mar 9, 2026 | Pferdehirt Douglas J. Chair and CEO | Sale 10b5-1 plan | 247,812 | $15.64M |
| Mar 9, 2026 | Pferdehirt Douglas J. Chair and CEO | Sale 10b5-1 plan | 318,349 | $19.77M |
| Mar 9, 2026 | Light David SVP & Chief Accounting Officer | Sale 10b5-1 plan | 6,622 | $413.4K |
| Mar 9, 2026 | Pferdehirt Douglas J. Chair and CEO | Sale 10b5-1 plan | 167,263 | $10.24M |
| Feb 25, 2026 | de Carvalho Filho Eleazar Director | Sale | 6,350 | $415.3K |
| Feb 24, 2026 | Pferdehirt Douglas J. Chair and CEO | Tax withheld | 15,221 | $995.5K |
| Feb 24, 2026 | Aalders Cristina EVP, Chief Legal Officer & Sec | Tax withheld | 793 | $51.9K |
| Feb 24, 2026 | Sanchez Mogollon Alfredo Eduardo President, Surface | Tax withheld | 313 | $20.5K |
| Feb 24, 2026 | dos Santos Iannone Valeria Augusta EVP, People & Culture | Tax withheld | 668 | $43.7K |
| Feb 24, 2026 | Light David SVP & Chief Accounting Officer | Tax withheld | 198 | $12.9K |
| Feb 24, 2026 | Rounce Justin EVP & Chief Technology Officer | Tax withheld | 2,707 | $177.0K |
| Feb 24, 2026 | Conti Thierry President, EMS | Tax withheld | 962 | $62.9K |
| Feb 24, 2026 | Duffe Luana EVP, New Energy | Tax withheld | 672 | $43.9K |
| Feb 24, 2026 | Melin Alf EVP & Chief Financial Officer | Tax withheld | 3,008 | $196.7K |
| Feb 24, 2026 | Landes Jonathan President, Subsea | Tax withheld | 2,366 | $154.7K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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