TechnipFMC plc
For the period ended Sep 30, 2026. Filed Oct 29, 2026.
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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.
Sep 30, 2026 · Filed Oct 29, 2026
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Inbound Orders and Order Backlog
Inbound orders -Inbound orders represent the estimated sales value of confirmed customer orders received during the reporting period.
| Inbound Orders | ||||
|---|---|---|---|---|
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
| (In millions) | 2026 | 2025 | 2026 | 2025 |
| Subsea | $2,051.5 | $2,381.5 | $6,462.3 | $7,720.1 |
| Surface Technologies | 268.0 | 266.6 | 736.2 | 848.1 |
| Total inbound orders | $2,319.5 | $2,648.1 | $7,198.5 | $8,568.2 |
Order backlog -Order backlog is calculated as the estimated sales value of unfilled, confirmed customer orders at the reporting date. Backlog reflects the current expectations of project execution.
| Order Backlog | ||
|---|---|---|
| (In millions) | September 30,2026 | December 31,2025 |
| Subsea | $15,487.0 | $15,871.7 |
| Surface Technologies | 578.8 | 699.9 |
| Total order backlog | $16,065.8 | $16,571.6 |
Subsea - Subsea backlog of $15,487.0 million as of September 30, 2026 decreased by $384.7 million compared to December 31, 2025, and was composed of various subsea projects, including TotalEnergies Mozambique LNG and GranMorgu; bp Tiber, Kaskida and NEP; Petrobras Mero 3 HISEP® and Global 24; Shell Orca; Equinor Raia and Johan Sverdrup Phase 3; ExxonMobil Hammerhead and Whiptail; Vår Energi Ofelia & Gjøa Nord; ENI Coral North and Baleine Phase 3; Azule Greater PAJ and West Hub Tails and Woodside Great Western Flank Phase 4.
Surface Technologies - Order backlog for Surface Technologies as of September 30, 2026 decreased by $121.1 million compared to December 31, 2025. Surface Technologies’ backlog of $578.8 million as of September 30, 2026, was composed primarily of projects for customers in the Middle East, namely ADNOC and Saudi Aramco. The remaining backlog was composed of various projects in the rest of the world.
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