TechnipFMC plc

For the period ended Mar 31, 2025. Filed Apr 24, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Apr 24, 2025

FTI$64.55+0.9%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

	Three Months Ended
	March 31,
(In millions, except per share data)	2025	2024
Revenue
Service revenue	$1,304.0	$1,165.8
Product revenue	868.2	813.9
Lease revenue	61.4	62.3
Total revenue	2,233.6	2,042.0
Costs and expenses
Cost of service revenue	1,090.4	1,019.1
Cost of product revenue	635.8	643.2
Cost of lease revenue	42.5	38.3
Selling, general and administrative expense	184.2	159.8
Research and development expense	19.1	17.6
Restructuring, impairment and other expenses	1.2	5.0
Total costs and expenses	1,973.2	1,883.0
Other expense, net	(29.6)	(12.3)
Gain on disposal of Measurement Solutions business (Note 18)	—	75.2
Income from equity affiliates (Note 9)	9.4	1.4
Income before net interest expense and income taxes	240.2	223.3
Interest income	12.7	13.7
Interest expense	(22.6)	(26.4)
Income before income taxes	230.3	210.6
Provision for income taxes (Note 15)	87.0	49.7
Net income	143.3	160.9
Net (income) attributable to non-controlling interests	(1.3)	(3.8)
Net income attributable to TechnipFMC plc	$142.0	$157.1
Earnings per share attributable to TechnipFMC plc
Basic	$0.34	$0.36
Diluted	$0.33	$0.35
Weighted average shares outstanding (Note 5)
Basic	421.2	433.6
Diluted	431.2	446.3

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.