TechnipFMC Research and Development Expenses 2010-2024 | FTI

TechnipFMC annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • TechnipFMC research and development expenses for the quarter ending September 30, 2024 were $0.015B, a 12% decline year-over-year.
  • TechnipFMC research and development expenses for the twelve months ending September 30, 2024 were $0.068B, a 5.73% decline year-over-year.
  • TechnipFMC annual research and development expenses for 2023 were $0.069B, a 2.99% increase from 2022.
  • TechnipFMC annual research and development expenses for 2022 were $0.067B, a 14.54% decline from 2021.
  • TechnipFMC annual research and development expenses for 2021 were $0.078B, a 4.12% increase from 2020.
TechnipFMC Annual Research and Development Expenses
(Millions of US $)
2023 $69
2022 $67
2021 $78
2020 $75
2019 $150
2018 $189
2017 $213
2016 $105
2015 $96
2014 $124
2013 $112
2012 $117
2011 $91
2010 $68
2009 $51
TechnipFMC Quarterly Research and Development Expenses
(Millions of US $)
2024-09-30 $15
2024-06-30 $15
2024-03-31 $18
2023-12-31 $19
2023-09-30 $18
2023-06-30 $17
2023-03-31 $15
2022-12-31 $22
2022-09-30 $19
2022-06-30 $12
2022-03-31 $15
2021-12-31 $24
2021-09-30 $19
2021-06-30 $19
2021-03-31 $17
2020-12-31 $4
2020-09-30 $21
2020-06-30 $25
2020-03-31 $25
2019-12-31 $40
2019-09-30 $41
2019-06-30 $30
2019-03-31 $40
2018-12-31 $56
2018-09-30 $39
2018-06-30 $54
2018-03-31 $41
2017-12-31 $69
2017-09-30 $51
2017-06-30 $49
2017-03-31 $43
2016-12-31 $38
2016-09-30 $22
2016-06-30 $26
2016-03-31 $20
2015-12-31 $4
2015-09-30 $26
2015-06-30 $36
2015-03-31 $30
2014-12-31 $39
2014-09-30 $30
2014-06-30 $29
2014-03-31 $25
2013-12-31 $28
2013-09-30 $27
2013-06-30 $29
2013-03-31 $29
2012-12-31 $34
2012-09-30 $30
2012-06-30 $26
2012-03-31 $27
2011-12-31 $29
2011-09-30 $24
2011-06-30 $22
2011-03-31 $17
2010-12-31 $19
2010-09-30 $16
2010-06-30 $19
2010-03-31 $14
2009-12-31 $17
2009-09-30 $13
2009-06-30 $11
2009-03-31 $11
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - Field Services $12.171B $7.824B
TechnipFMC plc is a leading manufacturer and supplier of products, services and fully integrated technology solutions for the energy industry. The company is engaged in the designing, producing and servicing technologically sophisticated systems and products for subsea, onshore/offshore, and surface projects. TechnipFMC divides its operations into two major segments: Subsea and Surface Technologies. Subsea is engaged in the manufacture and design of products and systems, performs engineering, procurement and project management and provides services to oil and gas companies associated with offshore exploration and production. The Surface Technologies segment designs and produces systems and provides services used by oil and gas companies operating in land and shallow water exploration and production of crude oil and natural gas.
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