Filing Flows › TechnipFMC (FTI) › Q2 2026 › vs Q2 2025
TechnipFMC (FTI) Q2 2026 vs Q2 2025 (year over year)
TechnipFMC's revenue rose $228M (+9%) from $2.5B in Q2 2025 to $2.8B in Q2 2026. The biggest changes: Services +$243M (+16%); Products −$14.3M (-1%). Operating margin 19.0% against 15.9% (+3.1 pts).
TechnipFMC, Q2 2026: revenue $2.8B (+9% year over year), operating margin 19.0%, net earnings $362M, operating cash flow $548M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 19.0% | 15.9% | +3.1 pts |
| Net margin | 13.1% | 10.6% | +2.5 pts |
| Free cash flow margin | 17.7% | 10.3% | +7.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Services | $1.8B | $1.5B | $243M | +16% |
| Products | $987M | $1.0B | −$14.3M | -1% |
| Revenue | $2.8B | $2.5B | $228M | +9% |
| Operating profit | $526M | $404M | $122M | +30% |
| Costs & expenses | $2.2B | $2.1B | $107M | +5% |
| Pre-tax earnings | $476M | $375M | $101M | +27% |
| Other expense, net | $49.3M | $28.9M | $20.4M | +71% |
| Research & development | $25.7M | $14.1M | $11.6M | +82% |
| SG&A | $169M | $173M | −$3.9M | -2% |
| Net earnings | $362M | $268M | $93.8M | +35% |
| Income tax | $114M | $106M | $7.6M | +7% |
| Depreciation & amortization | $97.1M | $115M | −$18.1M | -16% |
| Working capital & other | $88.8M | −$39.3M | $128M | — |
| Operating cash flow | $548M | $344M | $204M | +59% |
| Free cash flow (OCF − capex) | $488M | $261M | $227M | +87% |
| Capital expenditures | $60.1M | $83.6M | −$23.5M | -28% |
Questions
How much did TechnipFMC's revenue grow year over year in Q2 2026?
TechnipFMC's revenue rose $228M (+9%) from $2.5B in Q2 2025 to $2.8B in Q2 2026.
What drove TechnipFMC's revenue change in Q2 2026?
Services +$243M (+16%); Products −$14.3M (-1%).