Technipfmc Plc · NYSE:FTI
Technipfmc — Investor Presentation (October 2026)
39 slides from Technipfmc's investor presentation, October 2026
Slide 1: Investor Relations Overview
Investor Relations Overview October 2026
Slide 2: Disclaimer
Disclaimer Forward-looking statements This communication contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements usually relat
Slide 3: Contents
Contents 1 Operational and financial highlights 2 Company overview Investor Relations Overview | 3
Slide 4: Section 1: Operational and financial highlights
Section 1: Operational and financial highlights Investor Relations Overview | 4
Slide 5: Q3 2026 Highlights
Q3 2026 Highlights • Total Company inbound of $2.3 billion; Subsea orders of $2.1 billion • Subsea Opportunities List expands to $32 billion; 9th consecutive quarter of growth (project value midpoint) • Total Company adjusted EBITDA of $636 million, excluding the impact of foreign exchange • Cash pr
Slide 6: Q3 2026 Segment results
Q3 2026 Segment results Subsea Three Months Ended Change • Revenue increased 5% sequentially driven by higher project In $ millions 3Q26 2Q26 3Q25 QoQ YoY activity, specifically iEPCI® projects in Indonesia and Brazil, as Revenue 2,600 2,487 2,319 5% 12% well as increased services activity. The reve
Slide 7: Subsea opportunities over next 24 months
Subsea opportunities over next 24 months* Project values $250m to $500m $500m to $1,000m Above $1,000m Equinor Equinor AkerBP Cenovus Bay du Nord Ringvei Vest Symra/Solveig North White Rose Ext. Equinor Ithaca Energy Adura Marginal fields Cambo Puffin bp Eni Tiber Gila/Gibson Ithaca Energy Equinor N
Slide 8: Q3 2026 Updates – Subsea opportunities
Q3 2026 Updates – Subsea opportunities Project values $250m to $500m $500m to $1,000m Above $1,000m Projects added Projects removed Projects with revised scope Subsea opportunities in the next 24 months $35 Combined value, in billions* $32.1 Harbour Energy LLOG $30.0 $30.5 Zama Who Dat $30 $29.0 $27
Slide 9: 2026 Full-year financial guidance
2026 Full-year financial guidance1 As of October 29, 2026 Subsea Corporate and Other • Revenue in a range of $9.6 – 9.8 billion • Corporate expense, net $115 – 125 million (excludes charges and credits) • Adjusted EBITDA margin in a range of 21 – 22% • Net interest expense $10 – 20 million Surface T
Slide 10: Q3 2026 Cash flow and net cash
Q3 2026 Cash flow and net cash Free cash flow $470M (in $ millions) (61) Net Cash (In millions, unaudited) (340) 531 September 30, 2026 (73) Cash and cash equivalents $ 1,049 Short-term debt and current portion of long-term debt (122) Long-term debt, less current portion (282) 1,049 992 Net cash $ 6
Slide 11: Backlog scheduling provides visibility
Backlog scheduling provides visibility Subsea1 Surface Technologies as of September 30, 2026 as of September 30, 2026 2026 $1.9B 2026 $189M 2028+ $15.5 $579 $7.5B billion million 2027 2027+ $6.1B $390M 1 Backlog does not capture all revenue potential for Subsea Services Investor Relations Overview |
Slide 12: Section 2: Company overview
Section 2: Company overview Investor Relations Overview | 12
Slide 13: TechnipFMC snapshot
TechnipFMC snapshot #1 3 38 Integrated solutions Pillars for Energy Transition Countries with current provider for the oil and gas (Offshore floating renewables, operations industry GHG removal, Hydrogen) >90% $10.7bn $16.1bn Total company Total company Total company international revenue revenue2 b
Slide 14: Sustainability at TechnipFMC
Sustainability at TechnipFMC Our sustainability approach is guided by our Core Values and Foundational Beliefs, which underpin our commitment to responsible corporate citizenship. TechnipFMC Corporate Strategy Technology Integration Collaboration Alliances Execution Environmental Social Governance •
Slide 15: Our environmental focus on carbon reduction
Our environmental focus on carbon reduction Targeting 50% reduction in Scope 1 and 2 emissions by 20301 Wind Hydro Hybrid / Biofuels 1. Versus 2017 re-baseline Investor Relations Overview | 15
Slide 16: Technology leadership
Technology leadership Integration technologies Digital and automation Robotics NextGen Precision Subsea 2.0® subsea controls robotics for ROV Surface production Subsea iProduction automation mechatronics Using differentiated technologies to Applying Subsea digital and Utilizing mechatronics to trans
Slide 17: Overview of TechnipFMC segments
Overview of TechnipFMC segments Subsea Surface Technologies Financial contribution Subsea products ‣ Drilling, completion and production wellhead Revenue1 Surface 11% ‣ Trees, manifolds, control, templates, flowline equipment, chokes, compact valves, manifolds and systems, umbilicals and flexibles c
Slide 18: Subsea competitive strengths
Subsea competitive strengths Market leading positions built Differentiated offering of Technology advancements to upon innovation and deep integrated products, services: drive greater efficiency and industry knowledge iFEED®, iEPCI® and iLoF simplification Subsea Production FEED Studies Flexibles Um
Slide 19: SPS / SURF – critical components of offshore development
SPS / SURF – critical components of offshore development Oil Strong history of & gas industry has strong history SPS / SURF is one of the largest subseatree of subsea treeorders orders components of project costs Subsea tree orders by region 2012-2025 (trees) 600 551 Drilling / Well SPS / SURF Const
Slide 20: Improving project economics for deepwater projects
Improving project economics for deepwater projects More than 400 deepwater discoveries 500 have yet to be developed 410 Projects 400 Good progress on deepwater cost reductions with potential for additional 300 savings +40% to 60% 200 Standardization, technology and strong project execution can
Slide 21: Subsea offers a full suite of capabilities
Subsea offers a full suite of capabilities Conceptual Design Life-of-Field Project Execution & FEED1 and Maintenance Engineering Procurement Equipment Construction Installation supply Maximized Unique asset Rationalized subsea reliability and architecture Joint SPS+SURF R&D Shortened time to first a
Slide 22: Integrated approach redefining subsea project economics
Integrated approach redefining subsea project economics Traditional approach Enhancements Key benefits One global contractor Reduced material costs Integrated procurement Simplified equipment set-up Optimized subsea architecture Fewer subsea production Optimized flow assurance system i
Slide 23: Making subsea short-cycle with Subsea 2.0 + iEPCI
Making subsea short-cycle with Subsea 2.0® + iEPCI® Subsea 6 month Break-even Shell Kaikias iEPCI® schedule price 2.0® reduction <$30/bbl TechnipFMC is changing the subsea paradigm from a long-cycle to a short-cycle business, using Subsea 2.0® and a truly integrated approach (iEPCI®) to field develo
Slide 24: Unique drivers of Subsea revenue growth
Unique drivers of Subsea revenue growth Subsea Services Alliance partners • Drives value and efficiency throughout the life of field • Long-term, mutually beneficial relationships • Resilient, margin-accretive aftermarket services • iEPCI® alliances utilize full integrated offering • Service potenti
Slide 25: All-electric subsea production systems
All-electric subsea production systems Reducing infrastructure to create low carbon opportunities • Infrastructure and installation time reduced with removal of hydraulic lines, simplified umbilicals and lighter assets • Enables full field electrification of subsea production system, allowing for us
Slide 26: Surface Technologies competitive strengths
Surface Technologies competitive strengths Leading market positions in Delivering technology that Integrated offering delivers up several niche product offerings extends asset life, improves to $1m in savings per well, returns creates unique growth platform Wellhead Flowline Stimulation, Flowback an
Slide 27: iProduction
iProduction Separation system Replicating the Subsea playbook to transform onshore production • Proprietary technology and integrated ecosystem streamlines operations; reduces footprint, GHG emissions, capital costs, time to first oil • • Integrated offering operates under a single digital interface
Slide 28: New Energy
New Energy Core competencies drive our three strategic pillars Greenhouse gas removal Offshore floating renewables Hydrogen New Energy business to serve as system architect and integrator Market approach driven by 3 main pillars; our role in the long-term path to net zero will be as offshore ‘Energy
Slide 29: Appendix
Appendix Investor Relations Overview | 29
Slide 30: Glossary
Glossary Term Definition Term Definition CAGR Compound Annual Growth Rate iLOF Integrated Life of Field CCS Carbon Capture and Storage LNG Liquefied Natural Gas ESG Environmental, Social and Governance MMb/d Million Barrels per Day FID Final Investment Decision Mtpa Million Metric Tons per Annum F/X
Slide 31: Q3 2026 Supporting financial data
Q3 2026 Supporting financial data Investor Relations Overview | 31
Slide 32: Reconciliation of GAAP to non-GAAP financial measures
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 6 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, except per share data, unaudited) In addition to financial results determined in accordance with U.S. generally accepted accounting principles (GAAP), the third quarter 2026 Ear
Slide 33: Net income to Adjusted EBITDA reconciliation
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 7 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) Three Months Ended Nine Months Ended September 30, September September 30, September 30, 2026 June 30, 2026 30, 2025 2026 2025 Net income attributable to TechnipFMC p
Slide 34: Three Months Ended September 30, 2026
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 8 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) Three Months Ended September 30, 2026 Foreign Surface Corporate Exchange, Subsea Technologies Expense net Total Revenue $ 2,600.0 $ 295.8 $ — $ — $ 2,895.8 Operating
Slide 35: Three Months Ended June 30, 2026
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 8 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) Three Months Ended June 30, 2026 Foreign Surface Corporate Exchange, Subsea Technologies Expense net Total Revenue $ 2,486.9 $ 276.2 $ — $ — $ 2,763.1 Operating profi
Slide 36: Three Months Ended September 30, 2025
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 8 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) Three Months Ended September 30, 2025 Foreign Surface Corporate Exchange, Subsea Technologies Expense net Total Revenue $ 2,319.2 $ 328.1 $ — $ — $ 2,647.3 Operating
Slide 37: Net cash reconciliation
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 10 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) September 30, 2026 June 30, 2026 September 30, 2025 Cash and cash equivalents $ 1,049.3 $ 991.8 $ 876.6 Short-term debt and current portion of long-term debt (121.5)
Slide 38: Free cash flow reconciliation
TECHNIPFMC PLC AND CONSOLIDATED SUBSIDIARIES Exhibit 11 RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, unaudited) Three Months Ended September 30, Nine Months Ended September 30, 2026 2026 2025 Cash provided by operating activities $ 530.7 $ 1,411.2 $ 1,311.0 Capital expenditure
Slide 39: Investor Relations contacts
Investor Relations contacts Matthew Seinsheimer Senior Vice President, Investor Relations and Corporate Development Tel.: +1 281 260 3665 Email: [email protected] James Davis Director, Investor Relations Tel.: +1 281 260 3665 Email: [email protected] TechnipFMC.com