Technipfmc Plc · NYSE:FTI
Technipfmc — Q3 2025 Earnings Presentation
20 slides from Technipfmc's earnings presentation, Oct 23, 2025
Slide 1: Q3 2025 Earnings Presentation
Q3 2025 Earnings Presentation October 23, 2025 © 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 2025 Highlights
Q3 2025 Highlights • Total Company inbound of $2.6 billion, with 15 of past 16 quarters achieving a book-to-bill above 1.0x • Subsea orders of $2.4 billion; four announced awards reflect continued strength in South America • Commercial success reinforces confidence in delivering more than $10 billio
Slide 5: Q3 2025 Segment results
Q3 2025 Segment results Subsea In $ millions 3Q25 2Q25 3Q24 QoQ YoY • Revenue improved 5% sequentially, largely driven by Revenue 2,319 2,216 2,028 5% 14% increased project activity – particularly iEPCI™ projects – in Adjusted EBITDA 506 483 371 5% 36% Africa, the Americas, and Australia. This was p
Slide 6: 2025 Full-year financial guidance
1 2025 Full-year financial guidance As of October 23, 2025 Subsea Corporate and Other • Revenue in a range of $8.4 – 8.8 billion • Corporate expense, net $115 – 125 million (excludes charges and credits) • Adjusted EBITDA margin in a range of 19 – 20% • Net interest expense $45 – 55 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 Vår Energi Equinor bp Gjøa Nord/Cerisa/Ofelia Grosbeak and Ringvei Tiber Shell Equinor bp Puffin Heidrun Extension Guadalupe Eni Ithaca Northern Hub bp Tornado Kaskida – West Bump Eni Gendalo/Ganda
Slide 8: Q3 2025 Updates – Subsea opportunities
Q3 2025 Updates – Subsea opportunities Project values $250m to $500m $500m to $1,000m Above $1,000m Subsea opportunities in the next 24 months Projects added Projects removed Projects with revised scope $30 Combined value, in billions* $27.8 $26.5 $26.9 Ithaca PTTEP Equinor $25.5 $26.0 Tornado Block
Slide 9: Q3 2025 Cash flow and net cash
Q3 2025 Cash flow and net cash Free cash flow $448M (in $ millions) (77) Net Cash (In millions, unaudited) (271) 525 September 30, 2025 Cash and cash equivalents $ 877 (255) Short-term debt and current portion of long-term debt (34) 4 Long-term debt, less current portion (404) 950 Net cash $ 439 877
Slide 10: Backlog scheduling provides visibility
Backlog scheduling provides visibility Subsea1 Surface Technologies as of September 30, 2025 as of September 30, 2025 2025 $1.8B 2025 $200M 2027+ $16.0 $775 billion 2026 million $8.6B $5.7B 2026+ $575M 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
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 2025 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 30, September 30, September 30, 2025 June 30, 2025 2024 2025 2024 Net income attributable to TechnipFMC p
Slide 15: 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 Surface Corporate Foreign Subsea Technologies Expense Exchange, net Total Revenue $ 2,319.2 $ 328.1 $ — $ — $ 2,647.3 Operating
Slide 16: Three Months Ended June 30, 2025
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 8 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) Three Months Ended June 30, 2025 Surface Corporate Foreign Subsea Technologies Expense Exchange, net Total Revenue $ 2,216.3 $ 318.4 $ — $ — $ 2,534.7 Operating profi
Slide 17: Three Months Ended September 30, 2024
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 8 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) Three Months Ended September 30, 2024 Foreign Surface Corporate Exchange, Subsea Technologies Expense net Total Revenue $ 2,028.1 $ 320.3 $ — $ — $ 2,348.4 Operating
Slide 18: Net cash (debt)
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 10 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) September 30, 2025 June 30, 2025 September 30, 2024 Cash and cash equivalents $ 876.6 $ 950.0 $ 837.5 Short-term debt and current portion of long-term debt (33.6) (2
Slide 19: Free cash flow
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, 2025 2025 2024 Cash provided by operating activities $ 525.1 $ 1,311.0 $ 382.1 Capital expenditures
Slide 20: TechnipFMC
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