TechnipFMC(US:FTI)2025-10-23 12:30Financial Highlights - Total Company inbound orders reached $2.6 billion[7], achieving a book-to-bill above 1.0x for 15 of the past 16 quarters[8] - Adjusted EBITDA excluding F/X was $531 million[7] - Free cash flow amounted to $448 million[7], with full-year guidance increased to $1.3 – 1.45 billion[8] - Shareholder distributions totaled $271 million[8], and share repurchase authorization increased by $2 billion[8] Segment Performance - Subsea revenue increased by 5% sequentially and 14% year-over-year, reaching $2.319 billion[9] - Subsea Adjusted EBITDA increased by 5% sequentially and 36% year-over-year, reaching $506 million[9] - Subsea Adjusted EBITDA margin was 21.8%[9] - Surface Technologies revenue increased by 3% sequentially and 2% year-over-year, reaching $328 million[10] - Surface Technologies Adjusted EBITDA increased by 3% sequentially and 10% year-over-year, reaching $54 million[10] - Surface Technologies Adjusted EBITDA margin was 16.4%[10] Backlog and Future Opportunities - Subsea backlog reached $16.038 billion[9] - Surface Technologies backlog reached $775 million[10] - Subsea opportunities over the next 24 months are valued between $26.5 billion[19]