Quarterly ResultApr 30, 2026, 06:52 AM
FTI Q1 Revenue $2.49B, EPS $0.64; $285M Shareholder Distributions
AI Summary
TechnipFMC plc reported strong first-quarter 2026 results, with total revenue increasing 11.6% year-over-year to $2.49 billion and diluted EPS rising 93.9% to $0.64. The company generated $277 million in free cash flow and returned $285 million to shareholders, including $265 million in share repurchases. Subsea inbound orders reached $1.9 billion, and the Subsea Opportunities List expanded to $30 billion, positioning the company for continued growth.
Key Highlights
- Total shareholder distributions were $285 million, including $265 million in share repurchases.
- Q1 2026 total company revenue increased 11.6% year-over-year to $2.49 billion.
- Diluted earnings per share (EPS) rose 93.9% year-over-year to $0.64.
- Subsea inbound orders reached $1.9 billion, contributing to total company inbound of $2.2 billion.
- Free cash flow generated was $277 million; cash flow from operations was $332 million.
- Subsea revenue increased 14.1% year-over-year to $2.21 billion.
- Surface Technologies revenue decreased 4.4% year-over-year to $284.3 million.
- Subsea Opportunities List grew to $30 billion for potential awards over the next 24 months.