TechnipFMC Q4 Revenue $2.5B, Adjusted EBITDA $440M; Full-Year Revenue $9.9B
TechnipFMC reported Q4 revenue of $2.517 billion, down 4.9% sequentially but up 6.3% year-over-year, with net income of $242.7 million (0.59 EPS) and adjusted EBITDA of $440.5 million. For full year 2025, revenue rose 9.4% to $9.933 billion and adjusted net income climbed 27.9% to $1.027 billion.
1. Fourth-Quarter 2025 Results
TechnipFMC generated $2.517 billion in Q4 revenue, down 4.9% sequentially but up 6.3% year-on-year. Net income was $242.7 million (0.59 EPS), adjusted EBITDA reached $440.5 million with a 17.5% margin, and after-tax charges totaled $43.8 million.
2. Full-Year 2025 Highlights
Full-year 2025 revenue climbed 9.4% to $9.933 billion, and net income rose 14.4% to $963.9 million (2.30 EPS). Adjusted net income increased 27.9% to $1.027 billion, while adjusted EBITDA grew 35% to $1.824 billion, supporting a $1.4 billion free cash flow and $1 billion in shareholder distributions.
3. Inbound Orders and Backlog Growth
Inbound orders were $2.588 billion in Q4 and $11.156 billion for the full year, driving backlog up 15.3% year-over-year to $16.572 billion. Subsea orders accounted for over 80% of inbound, reflecting a shift toward portfolio-based offshore development and reinforcing confidence in pipeline growth.