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TechnipFMC vs Innovex International: revenue, profit, margins and growth compared

TechnipFMC brought in $9.9B of revenue in fiscal 2025, Innovex International $978.3M in fiscal 2025. Revenue changed by +9.4% at TechnipFMC and +48.0% at Innovex International on the year before, so Innovex International grew faster. TechnipFMC kept 9.7% of its revenue as net profit, Innovex International 8.5%.

Side by side, latest fiscal year

FTIINVX
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$9.9B$978.3M
Revenue growth+9.4%+48.0%
Net income$963.9M$83.3M
Net margin9.7%8.5%
Free cash flow$1.4Bn/a
Free cash flow margin14.6%n/a
Earnings per share (diluted)$2.30$1.20
Cash$1B$203.4M
Debt$430M$25.6M
Price to earnings30.923.8
Market value$27.8B$2B
Dividend yield0.28%n/a
Rank by revenue in sector#121 of 778 · Consumer discretionary#464 of 778 · Consumer discretionary

Over the years

Revenue
FTI FY2018: $12.6BFTI FY2019: $7BFTI FY2020: $6.5BFTI FY2021: $6.4BFTI FY2022: $6.7BFTI FY2023: $7.8BFTI FY2024: $9.1BFTI FY2025: $9.9BINVX FY2018: $384.6MINVX FY2019: $414.8MINVX FY2020: $365MINVX FY2021: $322.4MINVX FY2022: $467.2MINVX FY2023: $555.5MINVX FY2024: $660.8MINVX FY2025: $978.3MFY18FY19FY20FY21FY22FY23FY24FY25
FTI $9.9BINVX $978.3M
Net income
FTI FY2018: -$1.9BFTI FY2019: -$2.4BFTI FY2020: -$3.3BFTI FY2021: $13.3MFTI FY2022: -$107.2MFTI FY2023: $56.2MFTI FY2024: $842.9MFTI FY2025: $963.9MINVX FY2018: -$95.7MINVX FY2019: $1.7MINVX FY2020: -$30.8MINVX FY2021: -$128.5MINVX FY2022: $63.3MINVX FY2023: $73.9MINVX FY2024: $140.3MINVX FY2025: $83.3MFY18FY19FY20FY21FY22FY23FY24FY25
FTI $963.9MINVX $83.3M
Net margin
FTI FY2018: -15.3%FTI FY2019: -34.8%FTI FY2020: -50.3%FTI FY2021: 0.2%FTI FY2022: -1.6%FTI FY2023: 0.7%FTI FY2024: 9.3%FTI FY2025: 9.7%INVX FY2018: -24.9%INVX FY2019: 0.4%INVX FY2020: -8.4%INVX FY2021: -39.8%INVX FY2022: 13.5%INVX FY2023: 13.3%INVX FY2024: 21.2%INVX FY2025: 8.5%FY18FY19FY20FY21FY22FY23FY24FY25
FTI 9.7%INVX 8.5%
Revenue growth
FTI FY2019: -44.6%FTI FY2020: -6.0%FTI FY2021: -1.9%FTI FY2022: +4.6%FTI FY2023: +16.8%FTI FY2024: +16.1%FTI FY2025: +9.4%INVX FY2019: +7.8%INVX FY2020: -12.0%INVX FY2021: -11.7%INVX FY2022: +44.9%INVX FY2023: +18.9%INVX FY2024: +18.9%INVX FY2025: +48.0%FY19FY20FY21FY22FY23FY24FY25
FTI +9.4%INVX +48.0%
Free cash flow
FTI FY2018: -$553.5MFTI FY2019: $435.8MFTI FY2020: $400.8MFTI FY2021: $589.6MFTI FY2022: $194.2MFTI FY2023: $467.8MFTI FY2024: $679.4MFTI FY2025: $1.4BINVX FY2018: $13.4MINVX FY2019: $3.2MINVX FY2020: -$33MINVX FY2021: $28.4MINVX FY2022: -$24.7MINVX FY2023: $43.2MFY18FY19FY20FY21FY22FY23FY24FY25
FTI $1.4BINVX $43.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about TechnipFMC and Innovex International

Which is bigger by revenue, TechnipFMC or Innovex International?

TechnipFMC is bigger by revenue: $9.9B in fiscal 2025, against $978.3M for Innovex International in fiscal 2025.

Which keeps more of its revenue as profit, TechnipFMC or Innovex International?

TechnipFMC had a net margin of 9.7% in fiscal 2025; Innovex International had 8.5% in fiscal 2025.

Which grew revenue faster, TechnipFMC or Innovex International?

In their latest fiscal years revenue changed by +9.4% at TechnipFMC and +48.0% at Innovex International.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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