TechnipFMC plc

SEGMENT RESULTS OF OPERATIONS OF TECHNIPFMC PLC

THREE MONTHS ENDED JUNE 30, 2026 AND 2025

Subsea

Subsea revenue increased by $270.6 million during the three months ended June 30, 2026, compared to the same period in 2025, driven by increased backlog in 2025 related to higher energy demand and upstream spending, further aided by our unique commercial offerings. The increase in revenue was driven byiEPCI® and SPS supply activities, primarily $124.3 million from Latin America, $86.2 million from Asia Pacific, $67.2 million from Africa and $55.6 million from the Middle East. The rest of the world contributed a net decrease of $62.7 million primarily driven by project completions mainly in Europe and North America.

Subsea operating profit for the three months ended June 30, 2026 increased by $106.2 million compared to the prior-year period. This was largely due to higher volume, which contributed $62.8 million, and favorable activity mix, which added $42.1 million.

Surface Technologies

Surface Technologies revenue decreased by $42.2 million during the three months ended June 30, 2026, compared to the same period in 2025. The decrease wasprimarily attributable to a $40.1 million reduction in the Middle East, reflecting thescheduled timing of project related activity and the impact of regional conflict. Revenue in North America decreased by $4.0 million due to lower drilling activity. These declines were partially offset by increased activity across other international markets.

Surface Technologies operating profit for the three months ended June 30, 2026 increased by $15.6 million compared to the prior-year period. The increase was due to the absence of $19.0 million of restructuring and impairment charges incurred in 2025. This benefit was partially offset by $3.4 million of lower activity levels in the Middle East and North America.

Corporate Expense

Corporate expense were substantially unchanged compared to the prior-year period.

SEGMENT RESULTS OF OPERATIONS OF TECHNIPFMC PLC

SIX MONTHS ENDED JUNE 30, 2026 AND 2025

Subsea

Subsea revenue increased by $542.8 million during the six months ended June 30, 2026, compared to the same period in 2025, driven by increased backlog during 2025 related to higher energy demand and upstream spending, further aided by our unique commercial offerings. The increase in revenue was driven byiEPCI®, SPS supply and services activities, primarily $376.9 million from Latin America, $218.0 million from Africa and $82.7 million from the Middle East. The rest of the world contributed a net decrease of $134.8 million primarily driven by project completions mainly in Europe for $67.2 million and North America for $40.5 million.

Subsea operating profit for the six months ended June 30, 2026 increased by $207.3 million compared to the prior-year period. This was largely due to higher volume, which contributed $126.0 million, and favorable activity mix, which added $96.8 million. These improvements were partially offset by a $15.5 million increase in operating expense related to higher activity.

Surface Technologies

Surface Technologies revenue decreased by $55.3 million during the six months ended June 30, 2026, compared to the same period in 2025. The decrease wasprimarily attributable to $51.8 million reduction in the Middle East, reflecting thescheduled timing of project related activity and the impact of regional conflict. Revenue in North America decreased by $5.4 million due to lower drilling activity. These declines were partially offset by increased activity across other international markets.

Surface Technologies operating profitfor the six months ended June 30, 2026 increased by $22.5 million, compared to the same period in 2025. This was due to higher activity and favorable mix from international markets which contributed $8.6 million, together with the absence of $19.0 million of business transformation activities incurred in the prior-year period. These favorable impacts were partially offset by a $5.0 million reduction in operating profit due to lower activity levels in the Middle East and North America.

Corporate Expense

Corporate expense increased by $11.1 million, compared to the prior-year period, primarily driven by an increase in share-based compensation expense recognized during the first quarter of 2026.