Technipfmc Plc · NYSE:FTI
Technipfmc — Q3 2026 Earnings Presentation
20 slides from Technipfmc's earnings presentation, Oct 29, 2026
Slide 1: Q3 2026 Earnings Presentation
Q3 2026 Earnings Presentation October 29, 2026 © 2025 TechnipFMC. All rights reserved. The information contained in this document is company confidential and proprietary property of TechnipFMC and its affiliates. It is to be used only for the benefit of TechnipFMC and may not be distributed, transmi
Slide 2: Disclaimer
Disclaimer Forward-looking statements This communication contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements usually relat
Slide 3: Operational highlights and financial results
Operational highlights and financial results
Slide 4: Q3 2026 Highlights
Q3 2026 Highlights • Total Company inbound of $2.3 billion; Subsea orders of $2.1 billion • Subsea Opportunities List expands to $32 billion; 9th consecutive quarter of growth (project value midpoint) • Total Company adjusted EBITDA of $636 million, excluding the impact of foreign exchange • Cash pr
Slide 5: Q3 2026 Segment results
Q3 2026 Segment results Subsea Three Months Ended Change • Revenue increased 5% sequentially driven by higher project In $ millions 3Q26 2Q26 3Q25 QoQ YoY activity, specifically iEPCI® projects in Indonesia and Brazil, as Revenue 2,600 2,487 2,319 5% 12% well as increased services activity. The reve
Slide 6: 2026 Full-year financial guidance
1 2026 Full-year financial guidance As of October 29, 2026 Subsea Corporate and Other • Revenue in a range of $9.6 – 9.8 billion • Corporate expense, net $115 – 125 million (excludes charges and credits) • Adjusted EBITDA margin in a range of 21 – 22% • Net interest expense $10 – 20 million Surface
Slide 7: Subsea opportunities over next 24 months
Subsea opportunities over next 24 months* Project values $250m to $500m $500m to $1,000m Above $1,000m Equinor Equinor AkerBP Cenovus Bay du Nord Ringvei Vest Symra/Solveig North White Rose Ext. Equinor Ithaca Energy Adura Marginal fields Cambo Puffin bp Eni Tiber Gila/Gibson Ithaca Energy Equinor N
Slide 8: Q3 2026 Updates – Subsea opportunities
Q3 2026 Updates – Subsea opportunities Project values $250m to $500m $500m to $1,000m Above $1,000m Projects added Projects removed Projects with revised scope Subsea opportunities in the next 24 months $35 Combined value, in billions* $32.1 Harbour Energy LLOG $30.0 $30.5 Zama Who Dat $30 $29.0 $27
Slide 9: Q3 2026 Cash flow and net cash
Q3 2026 Cash flow and net cash Free cash flow $470M (in $ millions) (61) Net Cash (In millions, unaudited) (340) 531 September 30, 2026 (73) Cash and cash equivalents $ 1,049 Short-term debt and current portion of long-term debt (122) Long-term debt, less current portion (282) 1,049 992 Net cash $ 6
Slide 10: Backlog scheduling provides visibility
Backlog scheduling provides visibility Subsea1 Surface Technologies as of September 30, 2026 as of September 30, 2026 2026 $1.9B 2026 $189M 2028+ $15.5 $579 $7.5B billion million 2027 2027+ $6.1B $390M 1 Backlog does not capture all revenue potential for Subsea Services 10
Slide 11: Appendix
Appendix
Slide 12: Glossary
Glossary Term Definition Term Definition CCS Carbon capture and storage iFEED® integrated Front-End Engineering and Design CTO Configure-to-Order iLOF integrated Life of Field ESG Environmental, social, and governance LNG Liquefied natural gas FID Final investment decision MMb/d Million barrels per
Slide 13: Non-GAAP financial measures definitions
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 6 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, except per share data, unaudited) In addition to financial results determined in accordance with U.S. generally accepted accounting principles (GAAP), the third quarter 2026 Ear
Slide 14: Net income to Adjusted EBITDA reconciliation
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 7 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) Three Months Ended Nine Months Ended September 30, September September 30, September 30, 2026 June 30, 2026 30, 2025 2026 2025 Net income attributable to TechnipFMC p
Slide 15: Three Months Ended September 30, 2026
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 8 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) Three Months Ended September 30, 2026 Foreign Surface Corporate Exchange, Subsea Technologies Expense net Total Revenue $ 2,600.0 $ 295.8 $ — $ — $ 2,895.8 Operating
Slide 16: Three Months Ended June 30, 2026
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 8 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) Three Months Ended June 30, 2026 Foreign Surface Corporate Exchange, Subsea Technologies Expense net Total Revenue $ 2,486.9 $ 276.2 $ — $ — $ 2,763.1 Operating profi
Slide 17: Three Months Ended September 30, 2025
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 8 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) Three Months Ended September 30, 2025 Foreign Surface Corporate Exchange, Subsea Technologies Expense net Total Revenue $ 2,319.2 $ 328.1 $ — $ — $ 2,647.3 Operating
Slide 18: Net cash reconciliation
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 10 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) September 30, 2026 June 30, 2026 September 30, 2025 Cash and cash equivalents $ 1,049.3 $ 991.8 $ 876.6 Short-term debt and current portion of long-term debt (121.5)
Slide 19: Free cash flow reconciliation
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 11 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) Three Months Ended September 30, Nine Months Ended September 30, 2026 2026 2025 Cash provided by operating activities $ 530.7 $ 1,411.2 $ 1,311.0 Capital expenditure
Slide 20: TechnipFMC
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