Q3 25 EPS
$0.75
BEAT +13.74%
Est. $0.66
Q3 25 Revenue
$2.65B
BEAT +1.33%
Est. $2.61B
vs S&P Since Q3 25
+57.1%
BEATING MARKET
FTI +68.0% vs S&P +10.9%
Market Reaction
Did FTI Beat Earnings? Q3 2025 Results
TechnipFMC delivered a standout third quarter, posting adjusted diluted EPS of $0.75 against a consensus estimate of $0.66, a 13.74% beat, while revenue of $2.65 billion came in 1.33% ahead of expectations and grew 12.7% year-over-year. The driving f… Read more TechnipFMC delivered a standout third quarter, posting adjusted diluted EPS of $0.75 against a consensus estimate of $0.66, a 13.74% beat, while revenue of $2.65 billion came in 1.33% ahead of expectations and grew 12.7% year-over-year. The driving force behind the quarter was the Subsea segment, which generated $2.32 billion in revenue, up 14.4% year-over-year, with operating profit climbing 39% as iEPCI project momentum accelerated across Africa, the Americas, and Australia. Subsea inbound orders of $2.38 billion marked the 15th time in 16 quarters that the book-to-bill ratio exceeded 1.0x, and total Subsea backlog swelled to $16.04 billion. Free cash flow of $447.80 million was exceptional, prompting management to raise full-year 2025 free cash flow guidance to $1.30–$1.45 billion from $1.00–$1.15 billion. The company also initiated 2026 Subsea revenue guidance of $9.10–$9.50 billion with adjusted EBITDA margin of 20.5–22%, signaling durable confidence in offshore spending, and authorized an additional $2 billion in share repurchases.
Key Takeaways
- • Increased iEPCI project activity in Africa, the Americas, and Australia
- • Strong Subsea inbound orders with book-to-bill above 1.0x for 15 of the past 16 quarters
- • Higher international market activity in Surface Technologies, particularly North Sea and Asia Pacific
- • Continued strength in South America driving Subsea orders
- • Early repayment of 6.50% Senior Notes due February 2026 reducing debt by $258.3 million
FTI YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
FTI Revenue by Segment
With YoY comparisons, source: SEC Filings
“I am very proud of the continued strength in our execution and the delivery of another quarter of high-quality inbound, with 15 of the past 16 quarters achieving a book-to-bill above one. This commercial success is the cornerstone of our ability to deliver growth in both revenue and profitability.”
— Doug Pferdehirt, Q3 2025 Earnings Press Release
FTI Earnings Trends
FTI vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
FTI EPS Trend
Earnings per share: estimate vs actual
FTI Revenue Trend
Quarterly revenue: estimate vs actual
FTI Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.56 | $0.64 | +14.33% | $2.49B | -1.21% |
| Q4 25 BEAT FY | $0.52 | $0.70 | +35.48% | $2.52B | -0.92% |
| FY Full Year | $2.28 | $2.45 | +7.27% | $9.93B | -0.25% |
| Q3 25 BEAT | $0.66 | $0.75 | +13.74% | $2.65B | +1.33% |
| Q2 25 BEAT | $0.58 | $0.68 | +17.95% | $2.53B | +1.97% |
| Q1 25 MISS | $0.37 | $0.33 | -9.98% | $2.23B | -0.81% |