TechnipFMC plc (FTI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.49B | 2.51B | 2.64B | 2.54B | 2.24B | 2.39B | 2.35B | 2.33B | 2.04B | 2.08B | 2.06B | 1.97B | 1.72B | 1.72B | 1.73B | 1.72B | 1.56B | 1.52B | 1.58B | 1.67B |
| Revenue Growth % | 11.21% | 4.94% | 12.49% | 9.36% | 9.76% | 14.75% | 14.17% | 17.92% | 18.9% | 20.99% | 18.69% | 14.85% | 10.39% | 12.89% | 9.73% | 2.9% | -4.67% | -4.81% | -8.57% | 3% |
| Cost of Goods Sold | 2.14B | 1.99B | 2.04B | 1.96B | 1.79B | 1.94B | 1.85B | 1.82B | 1.7B | 1.65B | 1.69B | 1.64B | 1.5B | 1.45B | 1.47B | 1.48B | 1.37B | 1.33B | 1.36B | 1.44B |
| COGS % of Revenue | 85.92% | 79.52% | 77.34% | 76.89% | 79.65% | 81.07% | 78.97% | 78.46% | 83.28% | 79.52% | 82.19% | 83.25% | 87.14% | 84.49% | 85.08% | 86.09% | 88.07% | 87.44% | 86.36% | 86.44% |
| Gross Profit | 351M | 513.2M | 598.6M | 587.8M | 456.1M | 451.9M | 493.8M | 500.9M | 341.4M | 426.2M | 366.4M | 330.4M | 220.9M | 266.7M | 258.6M | 238.8M | 185.6M | 191.4M | 215.4M | 226.3M |
| Gross Margin % | 14.08% | 20.48% | 22.66% | 23.11% | 20.35% | 18.93% | 21.03% | 21.54% | 16.72% | 20.48% | 17.81% | 16.75% | 12.86% | 15.51% | 14.92% | 13.91% | 11.93% | 12.56% | 13.64% | 13.56% |
| Gross Profit Growth % | -23.04% | 13.56% | 21.22% | 17.35% | 33.6% | 6.03% | 34.77% | 51.6% | 54.55% | 59.8% | 41.69% | 38.36% | 19.02% | 39.34% | 20.06% | 5.52% | -2.73% | 38.6% | 3.21% | 33.51% |
| Operating Expenses | 0 | 202.1M | 195.7M | 187.3M | 203.3M | 192M | 207M | 193.1M | 177.3M | 233.8M | 204.1M | 166M | 172.6M | 195.4M | 176.8M | 154.6M | 174.2M | 175.1M | 179M | 191.8M |
| OpEx % of Revenue | - | 8.07% | 7.41% | 7.36% | 9.07% | 8.04% | 8.81% | 8.3% | 8.68% | 11.24% | 9.92% | 8.42% | 10.05% | 11.36% | 10.2% | 9% | 11.2% | 11.49% | 11.33% | 11.49% |
| Selling, General & Admin | 0 | 174.7M | 173.2M | 173.2M | 184.2M | 143.8M | 191.6M | 177.9M | 159.7M | 191.5M | 186.6M | 149.2M | 157.2M | 150.5M | 157.8M | 143.1M | 159.6M | 151.1M | 160.3M | 172.6M |
| SG&A % of Revenue | - | 6.97% | 6.56% | 6.81% | 8.22% | 6.02% | 8.16% | 7.65% | 7.82% | 9.2% | 9.07% | 7.57% | 9.15% | 8.75% | 9.11% | 8.33% | 10.26% | 9.92% | 10.15% | 10.34% |
| Research & Development | 0 | 27.4M | 22.5M | 14.1M | 19.1M | 48.2M | 15.4M | 15.2M | 17.6M | 42.3M | 17.5M | 16.8M | 15.4M | 44.9M | 19M | 11.5M | 14.6M | 24M | 18.7M | 19.2M |
| R&D % of Revenue | - | 1.09% | 0.85% | 0.55% | 0.85% | 2.02% | 0.66% | 0.65% | 0.86% | 2.03% | 0.85% | 0.85% | 0.9% | 2.61% | 1.1% | 0.67% | 0.94% | 1.58% | 1.18% | 1.15% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 351M | 311.1M | 402.9M | 400.5M | 252.8M | 259.9M | 286.8M | 307.8M | 164.1M | 192.4M | 162.3M | 164.4M | 48.3M | 71.3M | 81.8M | 84.2M | 11.4M | 16.3M | 36.4M | 34.5M |
| Operating Margin % | 14.08% | 12.42% | 15.25% | 15.75% | 11.28% | 10.89% | 12.21% | 13.24% | 8.04% | 9.25% | 7.89% | 8.34% | 2.81% | 4.15% | 4.72% | 4.9% | 0.73% | 1.07% | 2.3% | 2.07% |
| Operating Income Growth % | 38.84% | 19.7% | 40.48% | 30.12% | 54.05% | 35.08% | 76.71% | 87.23% | 239.75% | 169.85% | 98.41% | 95.25% | 323.68% | 337.42% | 124.73% | 144.06% | -57.3% | 129.58% | 496.72% | 357.46% |
| EBITDA | 454.6M | 388M | 521.1M | 515.7M | 355.2M | 346.2M | 380.8M | 399.9M | 263.6M | 283.7M | 255.6M | 261.4M | 141.3M | 157.9M | 176.3M | 178.2M | 107.3M | 112M | 132.9M | 132.5M |
| EBITDA Margin % | 18.24% | 15.49% | 19.73% | 20.28% | 15.85% | 14.5% | 16.22% | 17.2% | 12.91% | 13.64% | 12.43% | 13.25% | 8.23% | 9.18% | 10.17% | 10.38% | 6.9% | 7.35% | 8.41% | 7.94% |
| EBITDA Growth % | 27.98% | 12.07% | 36.84% | 28.96% | 34.75% | 22.03% | 48.98% | 52.98% | 86.55% | 79.67% | 44.98% | 46.69% | 31.69% | 40.98% | 32.66% | 34.49% | -11.98% | 90.8% | 32.5% | 52.65% |
| D&A (Non-Cash Add-back) | 103.6M | 76.9M | 118.2M | 115.2M | 102.4M | 86.3M | 94M | 92.1M | 99.5M | 91.3M | 93.3M | 97M | 93M | 86.6M | 94.5M | 94M | 95.9M | 95.7M | 96.5M | 98M |
| EBIT | 351M | 311.1M | 402.9M | 400.5M | 252.8M | 270.6M | 286.8M | 307.8M | 164.1M | 214.4M | 162.3M | 164.4M | 47.7M | 108.4M | 81.8M | 84.2M | 11.5M | 16.3M | 36.4M | 34.5M |
| Net Interest Income | -6M | -4.6M | -10.6M | -14.4M | -9.9M | -13.5M | -15.9M | -21.4M | -12.7M | -13M | -26.7M | -30.3M | -18.7M | -28.4M | -30.9M | -27.7M | -33.9M | -34.3M | -39.3M | -35.2M |
| Interest Income | 0 | 13.1M | 8.3M | 7.8M | 12.7M | 8.2M | 6.3M | 5.7M | 13.7M | 17.1M | 4M | 4.1M | 8.3M | 5.6M | 4.2M | 4M | 4M | 5.1M | 2.1M | 2.7M |
| Interest Expense | 6M | 17.7M | 18.9M | 22.2M | 22.6M | 21.7M | 22.2M | 27.1M | 26.4M | 30.1M | 30.7M | 34.4M | 27M | 34M | 35.1M | 31.7M | 37.9M | 39.4M | 41.4M | 37.9M |
| Other Income/Expense | 4.8M | -33.2M | -15.9M | -25.7M | -22.5M | -36.2M | -14.4M | -62.3M | 46.5M | -135.3M | -49.1M | -217.4M | -3.1M | -105.7M | -28.4M | -56.6M | -17.2M | -110.4M | -63.1M | -172.2M |
| Pretax Income | 355.8M | 277.9M | 387M | 374.8M | 230.3M | 223.7M | 272.4M | 245.5M | 210.6M | 57.1M | 113.2M | -53M | 45.2M | -34.4M | 53.4M | 27.6M | -5.8M | -94.1M | -26.7M | -137.7M |
| Pretax Margin % | 14.27% | 11.09% | 14.65% | 14.74% | 10.27% | 9.37% | 11.6% | 10.56% | 10.31% | 2.74% | 5.5% | -2.69% | 2.63% | -2% | 3.08% | 1.61% | -0.37% | -6.18% | -1.69% | -8.25% |
| Income Tax | 95.9M | 33.3M | 76.1M | 106.5M | 87M | -32.7M | -6M | 59.2M | 49.7M | 43.7M | 19.5M | 43.3M | 37.4M | 34.7M | 42.7M | 19.8M | 28.5M | 39.4M | 12.3M | 34.9M |
| Effective Tax Rate % | 26.95% | 11.98% | 19.66% | 28.42% | 37.78% | -14.62% | -2.2% | 24.11% | 23.6% | 76.53% | 17.23% | -81.7% | 82.74% | -100.87% | 79.96% | 71.74% | -491.38% | -41.87% | -46.07% | -25.34% |
| Net Income | 260.5M | 242.7M | 309.7M | 269.5M | 142M | 251.4M | 274.6M | 186.5M | 157.1M | 19.7M | 90M | -87.2M | 400K | -66.8M | -10.3M | 2.1M | -61.7M | -155.7M | -32.2M | -167M |
| Net Margin % | 10.45% | 9.69% | 11.72% | 10.6% | 6.34% | 10.53% | 11.69% | 8.02% | 7.69% | 0.95% | 4.38% | -4.42% | 0.02% | -3.88% | -0.59% | 0.12% | -3.97% | -10.22% | -2.04% | -10.01% |
| Net Income Growth % | 83.45% | -3.46% | 12.78% | 44.5% | -9.61% | 1176.14% | 205.11% | 313.88% | 39175% | 129.49% | 973.79% | -4252.38% | 100.65% | 57.1% | 68.01% | 101.26% | -116.76% | -296.18% | -725.64% | -1527.35% |
| Net Income (Continuing) | 259.9M | 244.6M | 310.9M | 268.3M | 143.3M | 256.4M | 278.4M | 186.3M | 160.9M | 13.4M | 93.7M | -96.3M | 7.8M | -69.1M | 10.7M | 7.8M | -34.3M | -133.5M | -39M | -172.6M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | -1000K | 0 | -1000K | -1000K | 1000K | 1000K |
| Minority Interest | 7.9M | 41.5M | 45.2M | 45M | 45.9M | 44.6M | 40M | 37.2M | 39.3M | 35.4M | 41.8M | 31.6M | 41.9M | 36.5M | 27.4M | 25M | 24.1M | 15.7M | 22.3M | 42.9M |
| EPS (Diluted) | 0.64 | 0.59 | 0.75 | 0.64 | 0.33 | 0.57 | 0.63 | 0.42 | 0.35 | 0.04 | 0.20 | -0.20 | 0.00 | -0.17 | 0.01 | 0.00 | -0.09 | -0.28 | -0.09 | -0.39 |
| EPS Growth % | 93.94% | 3.51% | 19.05% | 52.38% | -5.71% | 1314.39% | 215% | 310% | - | 123.71% | 1900% | - | 100.96% | 39.29% | 111.1% | 101.18% | -109.87% | -64.71% | 35.64% | 2.5% |
| EPS (Basic) | 0.65 | 0.60 | 0.76 | 0.65 | 0.34 | 0.59 | 0.64 | 0.43 | 0.36 | 0.05 | 0.21 | -0.20 | 0.00 | -0.17 | 0.01 | 0.00 | -0.09 | -0.28 | -0.09 | -0.39 |
| Diluted Shares Outstanding | 409.9M | 409.7M | 415.7M | 420.5M | 431.2M | 435.8M | 438.8M | 440.1M | 446.3M | 448.6M | 450.3M | 440.1M | 455M | 444.6M | 458.1M | 456.8M | 451.1M | 454.6M | 450.7M | 450.6M |
| Basic Shares Outstanding | 400.1M | 402.8M | 409.5M | 415.4M | 421.2M | 424.5M | 428.3M | 430.2M | 433.6M | 434.4M | 436.9M | 440.1M | 442.1M | 444.6M | 450.1M | 452.2M | 451.1M | 450.5M | 450.7M | 447.95M |
| Dividend Payout Ratio | - | 8.32% | 6.62% | 7.64% | 14.79% | 8.43% | 7.83% | 11.53% | 13.81% | 110.15% | 24.22% | - | - | - | - | - | - | - | - | - |