v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue        
Lease revenue $ 73.4 $ 59.7 $ 134.8 $ 122.0
Total revenue 2,534.7 2,325.6 4,768.3 4,367.6
Costs and expenses        
Cost of lease revenue 40.9 40.3 83.4 78.6
Selling, general and administrative expense 173.2 174.9 357.4 334.7
Research and development expense 14.1 15.2 33.2 32.8
Restructuring, impairment and other expenses 16.4 2.4 17.6 7.4
Total costs and expenses 2,145.1 2,017.2 4,118.3 3,900.2
Other expense, net (10.7) (44.1) (40.3) (56.4)
Gain on disposal of Measurement Solutions business (Note 18) 0.0 0.0 0.0 75.2
Income from equity affiliates (Note 9) 10.3 2.6 19.7 4.0
Income before net interest expense and income taxes 389.2 266.9 629.4 490.2
Interest income 7.8 5.7 20.5 19.4
Interest expense (22.2) (27.1) (44.8) (53.5)
Income before income taxes 374.8 245.5 605.1 456.1
Provision for income taxes (Note 15) 106.5 59.2 193.5 108.9
Net income 268.3 186.3 411.6 347.2
Net (income) attributable to non-controlling interests 1.2 0.2 (0.1) (3.6)
Net income attributable to TechnipFMC plc $ 269.5 $ 186.5 $ 411.5 $ 343.6
Earnings per share attributable to TechnipFMC plc        
Basic (usd per share) $ 0.65 $ 0.43 $ 0.98 $ 0.80
Diluted (usd per share) $ 0.64 $ 0.42 $ 0.97 $ 0.78
Weighted average shares outstanding (Note 5)        
Basic (in shares) 415.4 430.2 418.3 431.9
Diluted (in shares) 420.5 440.1 426.2 443.2
Service revenue        
Revenue        
Revenue $ 1,459.9 $ 1,405.7 $ 2,763.9 $ 2,571.5
Costs and expenses        
Cost of product and service revenue 1,116.8 1,112.1 2,207.2 2,131.2
Product revenue        
Revenue        
Revenue 1,001.4 860.2 1,869.6 1,674.1
Costs and expenses        
Cost of product and service revenue $ 783.7 $ 672.3 $ 1,419.5 $ 1,315.5