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Technip Energies 9M 2026 Financial Results

Globe Newswire•29/10/2026•02:30 ET
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Key Highlights

  • ➤€14.1bn order intake lifts backlog 54% to €24.5bn
  • ➤9M revenue €5.6bn, up 3% year over year
  • ➤Recurring EBITDA €384.7m, down 20%; margin fell to 6.9%
  • ➤2026 guidance confirmed; EBITDA target exceeds €800m by 2028
  • ➤Project Delivery EBITDA fell 33% as Middle East disruption pressured margins

Expert Statements

Arnaud Pieton, Chief Executive Officer of Technip Energies

“Technip Energies’ (T.EN) performance in the first nine months demonstrates the resilience of our execution model amid prolonged disruption to the operating environment in the Middle East. We delivered year-over-year revenue growth through disciplined execution and close coordination with our customers. As anticipated, profitability recovered from the second quarter low and we achieved our highest-ever quarterly EBITDA in the third quarter. We confirm our full-year guidance.”

Arnaud Pieton, Chief Executive Officer of Technip Energies

“That resilience is most evident in our response to the Strait of Hormuz crisis. Our teams have adapted quickly, deploying alternative logistical solutions that have allowed us to operate safely and keep our projects moving forward. Our operational progress is also translating into solid cash generation.”

Arnaud Pieton, Chief Executive Officer of Technip Energies

“Importantly, we have strengthened the foundations for sustainable growth, with year-to-date order intake of more than €14 billion and a significantly expanded backlog. Project Delivery orders have been particularly robust and diversified across end markets and geographies, supporting a strong growth trajectory in the coming years. Technology, Products & Services (TPS) is also seeing renewed commercial momentum, particularly across ethylene, hydrogen and fertilizers.”

Arnaud Pieton, Chief Executive Officer of Technip Energies

“This commercial strength validates our strategy of pursuing selective growth in Project Delivery, while enriching our TPS portfolio and increasing its contribution over time. In parallel, we are advancing adjacent business models through Reju, focused on the regeneration of post-consumer textile waste, and Rebound, for sustainable aviation fuels, to further enhance the quality and durability of our earnings.”

Arnaud Pieton, Chief Executive Officer of Technip Energies

“The developments in the Middle East reinforce the need for a more secure, diversified and resilient energy system. At the same time, the imperative to reduce emissions remains. Together, these trends will drive investment in both traditional and low-carbon infrastructure, aligning directly to T.EN’s capabilities and expanding our global opportunity set.”

Arnaud Pieton, Chief Executive Officer of Technip Energies

“With reinforced business and market fundamentals, we are on track to generate annual EBITDA of more than €800 million by 2028. Technip Energies is operating from a position of strength, with a near-record backlog underpinning multi-year visibility, a material net cash position supporting capital allocation flexibility, and a clear strategy for long-term value creation.”

Order intake of €14.1bn supports backlog of €24.5bn, providing excellent multi-year revenue visibility

Sustained strength in free cash flow generation and balance sheet position

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