TechnipFMC plc income statement
In fiscal 2025, TechnipFMC plc reported revenue of $9.93bn, up 9.4% on the year before, operating income of $1.44bn (a 14.5% margin) and net income of $964m, or $2.30 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.5 | 9.2 | 15.1 | 12.6 | 7.0 | 6.5 | 6.4 | 6.7 | 7.8 | 9.1 | 9.9 | 10.7 |
| Cost of revenue | — | 0.0 | — | — | — | — | — | 5.8 | 6.5 | 7.4 | — | — |
| Gross profit | — | 9.2 | — | — | — | — | — | 0.9 | 1.3 | 1.7 | — | — |
| Research and development | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Selling, general and administrative | 0.7 | 0.6 | 1.1 | 1.1 | 0.8 | 0.7 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 |
| Operating income | 0.6 | 0.8 | 1.4 | −0.5 | −2.1 | −3.2 | 0.2 | 0.4 | 0.7 | 1.2 | 1.4 | 1.8 |
| Interest expense | 0.1 | 0.1 | 0.5 | 0.5 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Provision for credit losses | — | — | — | — | — | — | −0.0 | −0.0 | 0.0 | 0.0 | — | — |
| Income before tax | 0.2 | 0.6 | 0.7 | −1.5 | −2.6 | −3.5 | 0.2 | 0.1 | 0.2 | 0.9 | 1.3 | 1.6 |
| Income tax | 0.1 | 0.2 | 0.5 | 0.4 | 0.1 | 0.0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.3 | 0.3 |
| Net income | 0.0 | 0.4 | 0.1 | −1.9 | −2.4 | −3.3 | 0.0 | −0.1 | 0.1 | 0.8 | 1.0 | 1.3 |
| Diluted EPS | $0.13 | $2.35 | $0.24 | −$4.20 | −$5.39 | −$7.33 | $0.03 | −$0.24 | $0.12 | $1.91 | $2.30 | $3.16 |
| Diluted shares (average) | 127m | 125m | 448m | 458m | 448m | 449m | 455m | 450m | 452m | 441m | 420m | 406m |
| EBITDA | 0.9 | 1.1 | 2.0 | 0.0 | −1.6 | −2.8 | 0.6 | 0.8 | 1.0 | 1.6 | 1.9 | 2.2 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,367 | 2,234 | 2,535 | 2,647 | 2,517 | 2,493 | 2,763 | 2,896 |
| Cost of revenue | — | 1,777 | 1,948 | — | — | — | — | — |
| Gross profit | — | 457 | 587 | — | — | — | — | — |
| Research and development | 25 | 19 | 14 | 23 | 27 | 18 | 26 | 30 |
| Selling, general and administrative | 145 | 184 | 173 | 173 | 175 | 216 | 169 | 183 |
| Operating income | 267 | 278 | 404 | 438 | 316 | 386 | 526 | 564 |
| Interest expense | 22 | 23 | 22 | 19 | 18 | 17 | 11 | 12 |
| Provision for credit losses | −7 | 3 | −3 | −1 | — | — | — | — |
| Income before tax | 212 | 230 | 375 | 387 | 278 | 356 | 476 | 523 |
| Income tax | −18 | 87 | 107 | 76 | 33 | 96 | 114 | 104 |
| Net income | 225 | 142 | 270 | 310 | 243 | 261 | 363 | 418 |
| Diluted EPS | $0.51 | $0.33 | $0.64 | $0.75 | $0.59 | $0.64 | $0.90 | $1.05 |
| EBITDA | 374 | 381 | 519 | 556 | 422 | 490 | 623 | 665 |
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