TechnipFMC PLC
NYSE:FTI
Income Statement
Earnings Waterfall
TechnipFMC PLC
Income Statement
TechnipFMC PLC
| Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
14
|
25
|
38
|
162
|
165
|
156
|
156
|
160
|
147
|
146
|
151
|
135
|
164
|
209
|
223
|
134
|
140
|
132
|
143
|
157
|
157
|
150
|
144
|
139
|
128
|
131
|
126
|
122
|
122
|
114
|
106
|
97
|
94
|
89
|
85
|
81
|
|
| Revenue |
9 200
N/A
|
10 182
+11%
|
11 656
+14%
|
13 422
+15%
|
15 057
+12%
|
14 794
-2%
|
13 910
-6%
|
12 913
-7%
|
12 553
-3%
|
12 341
-2%
|
12 814
+4%
|
13 005
+1%
|
6 950
-47%
|
5 620
-19%
|
3 806
-32%
|
2 198
-42%
|
6 531
+197%
|
6 580
+1%
|
6 629
+1%
|
6 481
-2%
|
6 404
-1%
|
6 327
-1%
|
6 376
+1%
|
6 529
+2%
|
6 700
+3%
|
6 862
+2%
|
7 117
+4%
|
7 441
+5%
|
7 824
+5%
|
8 149
+4%
|
8 502
+4%
|
8 794
+3%
|
9 083
+3%
|
9 275
+2%
|
9 484
+2%
|
9 783
+3%
|
9 933
+2%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(7 630)
|
(8 603)
|
(9 835)
|
(11 369)
|
(12 525)
|
(12 070)
|
(11 333)
|
(10 432)
|
(10 278)
|
(10 162)
|
(10 487)
|
(10 646)
|
(5 892)
|
(4 888)
|
(3 592)
|
(2 387)
|
(5 836)
|
(5 873)
|
(5 865)
|
(5 710)
|
(5 580)
|
(5 509)
|
(5 545)
|
(5 655)
|
(5 804)
|
(5 930)
|
(6 094)
|
(6 310)
|
(6 550)
|
(6 755)
|
(6 938)
|
(7 102)
|
(7 360)
|
(7 429)
|
(7 545)
|
(7 734)
|
(7 751)
|
|
| Gross Profit |
1 570
N/A
|
1 579
+1%
|
1 822
+15%
|
2 053
+13%
|
2 532
+23%
|
2 724
+8%
|
2 578
-5%
|
2 481
-4%
|
2 275
-8%
|
2 179
-4%
|
2 327
+7%
|
2 359
+1%
|
1 058
-55%
|
731
-31%
|
214
-71%
|
(189)
N/A
|
695
N/A
|
707
+2%
|
764
+8%
|
771
+1%
|
824
+7%
|
819
-1%
|
831
+2%
|
874
+5%
|
896
+2%
|
932
+4%
|
1 023
+10%
|
1 131
+11%
|
1 274
+13%
|
1 395
+9%
|
1 565
+12%
|
1 693
+8%
|
1 723
+2%
|
1 847
+7%
|
1 939
+5%
|
2 049
+6%
|
2 181
+6%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(678)
|
(808)
|
(956)
|
(1 126)
|
(1 274)
|
(1 321)
|
(1 338)
|
(1 292)
|
(1 330)
|
(1 323)
|
(1 342)
|
(1 391)
|
(945)
|
(824)
|
(656)
|
(517)
|
(799)
|
(743)
|
(752)
|
(721)
|
(723)
|
(733)
|
(696)
|
(695)
|
(684)
|
(679)
|
(691)
|
(722)
|
(745)
|
(753)
|
(775)
|
(777)
|
(741)
|
(766)
|
(764)
|
(757)
|
(788)
|
|
| Selling, General & Administrative |
(573)
|
(679)
|
(804)
|
(945)
|
(1 061)
|
(1 110)
|
(1 123)
|
(1 090)
|
(1 141)
|
(1 135)
|
(1 178)
|
(1 225)
|
(796)
|
(693)
|
(527)
|
(411)
|
(724)
|
(676)
|
(691)
|
(663)
|
(645)
|
(657)
|
(627)
|
(626)
|
(617)
|
(611)
|
(618)
|
(650)
|
(676)
|
(682)
|
(707)
|
(711)
|
(667)
|
(692)
|
(690)
|
(676)
|
(705)
|
|
| Research & Development |
(105)
|
(129)
|
(152)
|
(181)
|
(213)
|
(211)
|
(215)
|
(203)
|
(189)
|
(188)
|
(164)
|
(166)
|
(150)
|
(135)
|
(131)
|
(111)
|
(75)
|
(66)
|
(61)
|
(58)
|
(78)
|
(77)
|
(69)
|
(69)
|
(67)
|
(68)
|
(73)
|
(72)
|
(69)
|
(71)
|
(70)
|
(68)
|
(73)
|
(75)
|
(74)
|
(81)
|
(83)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
2
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
|
| Operating Income |
892
N/A
|
771
-14%
|
866
+12%
|
926
+7%
|
1 258
+36%
|
1 404
+12%
|
1 239
-12%
|
1 189
-4%
|
945
-21%
|
856
-9%
|
985
+15%
|
968
-2%
|
113
-88%
|
(93)
N/A
|
(442)
-377%
|
(706)
-60%
|
(105)
+85%
|
(36)
+66%
|
12
N/A
|
49
+305%
|
101
+104%
|
85
-16%
|
135
+58%
|
179
+33%
|
213
+19%
|
253
+19%
|
332
+31%
|
410
+23%
|
529
+29%
|
642
+21%
|
788
+23%
|
914
+16%
|
983
+7%
|
1 080
+10%
|
1 175
+9%
|
1 293
+10%
|
1 393
+8%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
109
|
141
|
203
|
126
|
145
|
101
|
93
|
86
|
39
|
60
|
21
|
(60)
|
(32)
|
(48)
|
(54)
|
2
|
(17)
|
428
|
270
|
239
|
180
|
(292)
|
(147)
|
(137)
|
(104)
|
(3)
|
(9)
|
17
|
(54)
|
(61)
|
(51)
|
(52)
|
(42)
|
(31)
|
(16)
|
(10)
|
8
|
|
| Non-Reccuring Items |
(436)
|
(464)
|
(395)
|
(439)
|
(293)
|
(246)
|
(255)
|
(203)
|
(1 868)
|
(1 879)
|
(1 881)
|
(2 021)
|
(2 471)
|
(5 641)
|
(5 723)
|
(5 621)
|
(3 402)
|
(252)
|
(150)
|
(120)
|
(129)
|
(81)
|
(116)
|
(99)
|
(45)
|
(45)
|
(13)
|
(10)
|
(20)
|
51
|
53
|
54
|
46
|
(26)
|
(40)
|
(39)
|
(73)
|
|
| Total Other Income |
(13)
|
(26)
|
(117)
|
(231)
|
(431)
|
(475)
|
(364)
|
(388)
|
(604)
|
(631)
|
(780)
|
(777)
|
(182)
|
(75)
|
100
|
190
|
25
|
69
|
88
|
74
|
47
|
23
|
28
|
38
|
5
|
(85)
|
(271)
|
(317)
|
(248)
|
(259)
|
(121)
|
(87)
|
(46)
|
(63)
|
(30)
|
(40)
|
(58)
|
|
| Pre-Tax Income |
551
N/A
|
422
-24%
|
558
+32%
|
383
-31%
|
680
+78%
|
784
+15%
|
713
-9%
|
685
-4%
|
(1 488)
N/A
|
(1 595)
-7%
|
(1 655)
-4%
|
(1 890)
-14%
|
(2 571)
-36%
|
(5 857)
-128%
|
(6 119)
-4%
|
(6 135)
0%
|
(3 499)
+43%
|
209
N/A
|
220
+5%
|
243
+10%
|
198
-18%
|
(264)
N/A
|
(99)
+63%
|
(19)
+81%
|
69
N/A
|
120
+74%
|
39
-67%
|
99
+152%
|
207
+108%
|
372
+80%
|
671
+80%
|
831
+24%
|
940
+13%
|
961
+2%
|
1 089
+13%
|
1 204
+11%
|
1 270
+5%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(180)
|
(186)
|
(267)
|
(276)
|
(368)
|
(366)
|
(344)
|
(299)
|
(411)
|
(376)
|
(312)
|
(327)
|
(79)
|
(41)
|
(68)
|
4
|
(19)
|
(67)
|
(74)
|
(78)
|
(111)
|
(115)
|
(100)
|
(130)
|
(105)
|
(114)
|
(138)
|
(115)
|
(155)
|
(167)
|
(183)
|
(158)
|
(85)
|
(122)
|
(170)
|
(252)
|
(303)
|
|
| Income from Continuing Operations |
371
|
235
|
291
|
107
|
312
|
418
|
369
|
386
|
(1 899)
|
(1 971)
|
(1 967)
|
(2 217)
|
(2 650)
|
(5 898)
|
(6 187)
|
(6 131)
|
(3 518)
|
142
|
145
|
165
|
87
|
(379)
|
(199)
|
(149)
|
(37)
|
6
|
(99)
|
(16)
|
52
|
205
|
487
|
672
|
855
|
837
|
920
|
952
|
967
|
|
| Income to Minority Interest |
22
|
19
|
24
|
27
|
(21)
|
(14)
|
(24)
|
(24)
|
(11)
|
(13)
|
(26)
|
(32)
|
5
|
(3)
|
12
|
9
|
(35)
|
(29)
|
(30)
|
(25)
|
1
|
(5)
|
(9)
|
(13)
|
(25)
|
(25)
|
(10)
|
(8)
|
4
|
8
|
(1)
|
(1)
|
(12)
|
(10)
|
(9)
|
(6)
|
(3)
|
|
| Net Income (Common) |
393
N/A
|
254
-35%
|
315
+24%
|
133
-58%
|
113
-15%
|
227
+101%
|
168
-26%
|
184
+9%
|
(1 922)
N/A
|
(1 996)
-4%
|
(2 005)
0%
|
(2 261)
-13%
|
(2 415)
-7%
|
(5 692)
-136%
|
(5 778)
-1%
|
(5 662)
+2%
|
(3 288)
+42%
|
337
N/A
|
158
-53%
|
130
-18%
|
13
-90%
|
(417)
N/A
|
(248)
+41%
|
(226)
+9%
|
(107)
+53%
|
(45)
+58%
|
(134)
-198%
|
(34)
+75%
|
56
N/A
|
213
+279%
|
487
+129%
|
672
+38%
|
843
+26%
|
828
-2%
|
911
+10%
|
946
+4%
|
964
+2%
|
|
| EPS (Diluted) |
3.14
N/A
|
0.54
-83%
|
0.67
+24%
|
0.28
-58%
|
0.24
-14%
|
0.48
+100%
|
0.36
-25%
|
0.4
+11%
|
-4.19
N/A
|
-4.39
-5%
|
-4.44
-1%
|
-5.05
-14%
|
-5.39
-7%
|
-12.72
-136%
|
-12.88
-1%
|
-12.59
+2%
|
-7.32
+42%
|
0.74
N/A
|
0.35
-53%
|
0.3
-14%
|
0.02
-93%
|
-0.92
N/A
|
-0.54
+41%
|
-0.5
+7%
|
-0.23
+54%
|
-0.09
+61%
|
-0.3
-233%
|
-0.06
+80%
|
0.12
N/A
|
0.47
+292%
|
1.09
+132%
|
1.51
+39%
|
1.91
+26%
|
1.92
+1%
|
2.16
+13%
|
2.27
+5%
|
2.3
+1%
|
|