TechnipFMC Earnings Reports

TechnipFMC delivered a solid Q1 2025 with $2.23 billion in revenue and $142 million in net income. Subsea orders remained a key growth engine, driving a backlog increase. Free cash flow reached $380 million, aided by strong execution and working capital improvements.

TechnipFMC announced strong first quarter 2024 results with revenue of $2,042 million and net income of $157.1 million. The company saw significant growth in Subsea inbound orders, reaching $2.4 billion, and achieved an investment-grade credit rating from S&P Global Ratings. Shareholder distributions were $172 million, and the company expects full-year growth to exceed 70% versus 2023.

TechnipFMC announced strong Q4 2023 results, with revenue of $2,077.7 million and income of $53 million. The company's Subsea inbound orders reached $1.3 billion, contributing to a total company backlog of $13.2 billion, a 41% increase year-over-year. Cash flow from operations was $701 million, with free cash flow at $630 million.

TechnipFMC announced strong Q3 2023 results, with Subsea inbound orders of $1.8 billion and a total backlog of $12.1 billion. The company's operating results for both segments are now expected to be above the midpoint of full-year guidance. Total Company revenue was $2,056.9 million, with adjusted income from continuing operations at $93.7 million, or $0.21 per diluted share. Free cash flow was $178 million.

TechnipFMC announced strong Q2 2023 results, with revenue of $1,972.2 million and adjusted EBITDA of $254 million excluding foreign exchange. Subsea orders were exceptionally strong at $4.1 billion, driving sequential growth of 29% in segment backlog. The company initiated a quarterly dividend and increased share repurchase authorization to $800 million, demonstrating commitment to shareholder value.

TechnipFMC reported solid operational performance in Q1 2023, with total company revenue of $1.7 billion and adjusted EBITDA of $155 million excluding foreign exchange. The company had strong inbound orders of $2.9 billion, driving sequential growth in backlog to $10.6 billion. Subsea inbound orders were $2.5 billion, representing a book-to-bill of 1.8.

TechnipFMC's Q4 2022 revenue was $1,694.4 million. The company's loss from continuing operations was $26.7 million, or $0.06 per diluted share. Adjusted loss from continuing operations was $20.7 million, or $0.05 per diluted share. The company's inbound orders were $1,842.5 million, and the ending backlog was $9,353.0 million.

TechnipFMC announced third quarter 2022 results, with total company revenue of $1.733 billion. Subsea inbound orders of $1.4 billion support full-year outlook for orders to approach $7 billion. Surface Technologies inbound orders of $449 million driven by Middle East. Cash provided by operating activities of $212 million and free cash flow of $181 million. The company repurchased $50 million of ordinary shares following $400 million authorization in July.

TechnipFMC announced Q2 2022 results, featuring a subsea inbound of $1.9 billion and expectations to approach $7 billion for the full year. The company reduced gross debt by $530 million and initiated shareholder distributions with a $400 million share repurchase authorization. Revenue increased to $1,717.2 million, with a net income of $2.1 million, or $0.00 per diluted share.

TechnipFMC's Q1 2022 results showed a revenue of $1.56 billion and a loss of $42.3 million. Despite challenges in the global supply chain, the company experienced strong inbound orders, particularly in the Subsea segment, leading to backlog growth. The company is targeting debt reduction in the second quarter.

TechnipFMC's Q4 2021 saw a revenue of $1,523.3 million, a loss of $127.2 million, and an adjusted loss of $55.8 million. However, the company experienced strong inbound orders totaling $2,106.7 million and generated $423 million in free cash flow. The company is optimistic about a multi-year upcycle for energy demand.

TechnipFMC announced its Q3 2021 results, which showed Subsea inbound orders of $1.1 billion, cash flow from operations of $135.9 million, and free cash flow of $88.6 million. The company's cash and cash equivalents increased to $1.0 billion, with net debt reduced by $401 million.

TechnipFMC announced second quarter results with total company revenue improving sequentially to $1.7 billion. Subsea and Surface Technologies segments reported an adjusted EBITDA margin of 11 percent. Total Company inbound orders of $1.6 billion; Subsea inbound orders of $1.3 billion. Full-year guidance updated, supported by strength of first half results and market outlook

TechnipFMC announced first quarter 2021 results, demonstrating strong financial performance in both Subsea and Surface Technologies. The company reported income from continuing operations attributable to TechnipFMC plc was $430.3 million, or $0.95 per diluted share and free cash flow of $137 million. Subsea inbound orders more than doubled sequentially to $1.5 billion.

TechnipFMC's Q4 2020 results showed a decrease in revenue compared to the previous year, but an increase in adjusted earnings per share. The company successfully completed the spin-off of Technip Energies and achieved cost savings ahead of schedule. The company anticipates Brazil will be the most active region of the world for new project orders.

TechnipFMC announced strong operational results in Q3 2020, driven by strong execution across all segments. The company achieved its targeted cost savings of more than $350 million ahead of schedule and reported inbound orders of $2.2 billion. U.S. GAAP diluted loss per share was $0.01, while adjusted diluted earnings per share was $0.16.

TechnipFMC announced second quarter 2020 results, highlighting strong execution amidst a challenging environment. The company's resilient backlog stood at $20.6 billion, with $14.9 billion scheduled for 2021 and beyond. Net liquidity increased sequentially by $1.2 billion to $6.8 billion. The company is on track to deliver targeted cost savings exceeding $350 million by year-end and has updated financial guidance for all segments, while also initiating a free cash flow outlook.

TechnipFMC announced first quarter 2020 results, which included a net loss of $3,256.1 million, or $7.28 per diluted share. The company is implementing cost savings and adjusting its dividend policy. The company is targeting over $350 million in annualized cost savings. The company's backlog is $22 billion and cash and liquidity is $5.6 billion.

TechnipFMC's Q4 2019 results revealed a revenue increase of 12.2% year-over-year, reaching $3,726.8 million. However, the company reported a net loss of $2,414 million, or $5.40 per diluted share, including after-tax charges and credits of $2,429.1 million. Adjusted net income was $15.1 million, or $0.03 per diluted share.