TechnipFMC plc reported third‑quarter 2025 results on 23 October 2025, with total company revenue of $2,647.3 million and net income of $309.7 million, representing a 4.4 % sequential increase and a 12.7 % year‑over‑year rise. Adjusted EBITDA reached $518.9 million, giving an adjusted EBITDA margin of 19.6 % and a 0.4 % sequential decline from the prior quarter. The company generated free cash flow of $447.8 million and distributed $271 million to shareholders through dividends and share repurchases.
In the Subsea segment, revenue was $2,319.2 million, operating profit $401.3 million, and adjusted EBITDA $505.6 million, with inbound orders of $2,381.5 million and a backlog of $16,038.2 million. Subsea’s adjusted EBITDA margin remained steady at 21.8 %, while the segment’s book‑to‑bill ratio held at 1.0x. The segment’s performance was driven by increased activity in Africa, the Americas, and Australia, offset by reduced activity in Norway.
The Surface Technologies segment posted revenue of $328.1 million, operating profit $36.8 million, and adjusted EBITDA $53.8 million, with inbound orders of $266.6 million and a backlog of $775.4 million. Adjusted EBITDA margin for the segment was 16.4 %, unchanged from the prior quarter. The segment benefited from higher activity in the North Sea and Asia Pacific, partially offset by lower activity in North America.
The Board of Directors authorized an additional share‑repurchase program of up to $2 billion, bringing the total authorized repurchases to $2.3 billion, and declared a quarterly cash dividend of $0.05 per share. TechnipFMC’s cash and cash equivalents stood at $876.6 million, and the company’s debt levels remained stable with a net debt of $438 million. These actions underscore the company’s commitment to returning value to shareholders while maintaining a strong balance sheet.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.