TechnipFMC (FTI) Cost of Revenue (2016 - 2026)
TechnipFMC (FTI) posted Cost of Revenue of $2.08 billion for Q2 2026, up 7.1% from $1.94 billion a year earlier and up 11.7% from the prior quarter.
TechnipFMC (FTI) Cost of Revenue (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at TechnipFMC was $7.89 billion, up 6.2% year-over-year; for FY2025, it came in at $7.58 billion, up 5.1% from FY2024.
- Annual Cost of Revenue has increased for four consecutive years, with a five-year compound annual growth rate of 5.8% (FY2020 to FY2025).
- In prior years, TechnipFMC's Cost of Revenue was $7.21 billion in FY2024 (+13.3%), $6.36 billion in FY2023 (+12.8%), $5.64 billion in FY2022 (+3.4%) and $5.45 billion in FY2021 (-4.7%).
- The Q2 2026 figure stands as the highest quarterly Cost of Revenue since Q3 2019.
- On a year-over-year basis, Cost of Revenue has increased in each of the last six quarters, with growth averaging 7.0% over the last seven quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q1 2024, with growth of 14.1%; the weakest was Q3 2021, with a decline of 10.6%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $1.86 billion (Q1 2026), $1.95 billion (Q4 2025) and $2 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 7.58 Bn |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | 5.16 Bn |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | 2.08 Bn |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | 4.91 Bn |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 1.61 Bn |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | 480.42 Mn |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | 608.00 Mn |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn | 772.00 Mn |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn | 144.36 Mn |
| 10 | Valaris | 5.43 Bn | 3.05 Bn | 123.70 Mn | 415.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.08 Bn |
| Mar 31, 2026 | 1.86 Bn |
| Dec 31, 2025 | 1.95 Bn |
| Sep 30, 2025 | 2.00 Bn |
| Jun 30, 2025 | 1.94 Bn |
| Mar 31, 2025 | 1.73 Bn |
| Dec 31, 2024 | 1.95 Bn |
| Sep 30, 2024 | 1.82 Bn |
| Jun 30, 2024 | 1.78 Bn |
| Mar 31, 2024 | 1.66 Bn |
| Dec 31, 2023 | -420.90 Mn |
| Sep 30, 2023 | 1.63 Bn |
| Jun 30, 2023 | 1.60 Bn |
| Mar 31, 2023 | 1.46 Bn |
| Dec 31, 2022 | 1.43 Bn |
| Sep 30, 2022 | 1.44 Bn |
| Jun 30, 2022 | 1.44 Bn |
| Mar 31, 2022 | 1.33 Bn |
| Dec 31, 2021 | 1.30 Bn |
| Sep 30, 2021 | 1.33 Bn |
TechnipFMC Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "FTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();