Skip to main content
Reading time: 4 minutes

Technip Energies H1 2026 Financial Results

Press Release

  • Order intake of €12.7bn drives backlog to a new high of €25bn, equivalent to three years of revenue
  • H1 impacted by the Middle East situation; revenue of €3.7bn, EBITDA of €212m after recognition of provisions
  • Free cash flow, excluding working capital & provisions, of €183m, representing 86% conversion from EBITDA
  • Updated conditional segment guidance for 2026:
    • Project Delivery revenue: €5.7 - 6.3bn (unchanged); EBITDA margin: >5.0% (previously 6.5% - 7.5%)
    • Technology, Product & Services revenue: €1.9 - 2.2bn (unchanged); EBITDA margin: ~15% (previously ~14.5%)
  • Global need for energy supply diversification and sovereignty leading to improved longer-term outlook

Paris, Thursday, July 30, 2026. Technip Energies (the “Company”), a global technology & engineering powerhouse leading in energy and decarbonization infrastructure, today announces its unaudited financial results for the first half of 2026.

Arnaud Pieton, Chief Executive Officer of Technip Energies, commented:

“Technip Energies’ (T.EN) first-half performance reflected a particularly complex operating environment. While we delivered stable year-over-year revenues, EBITDA margins were impacted by operational and contractual challenges linked to the situation in the Middle East. Importantly, we continued to reinforce the fundamentals that support our longer-term growth, with order intake, a significantly expanded backlog, and increased capital returns to shareholders.”

“In the Middle East, all T.EN personnel are safe and well, and our projects remain fully mobilized, with activity stabilizing through the second quarter. In our first-half results, we have taken a prudent assessment of the situation, reflecting the continuation of the conflict and its associated disruption and secondary cost impacts. While cost recovery is expected under strong contractual protections, the extent and timing will depend on the evolving situation and commercial discussions. This affects our full-year outlook and, assuming no change to current operating conditions in the second half, we are reducing Project Delivery margin guidance. At the same time, we have raised our margin expectation for Technology, Products & Services (TPS) on the back of a strong first half.”

“On the commercial front, we achieved exceptional first-half order intake of €12.7 billion, with substantial year-over-year growth in Project Delivery. This drove group backlog up by more than 50 percent year-to-date to €25 billion, equivalent to around three times full year revenue and reinforcing our medium-term growth trajectory. Given the scale of awards already secured, full-year order intake is expected to be concentrated in the first half, notably in Project Delivery.”

“Major second-quarter awards included Commonwealth LNG, our first LNG project in the United States utilizing our SnapLNG™ modular solution, as well as Coral Norte FLNG in Mozambique, which demonstrates our leadership in floating liquefaction and the value of replication. Our diversification strategy is also delivering results, with around 75 percent of new awards over the last 24 months originating outside the Middle East.”

“The Strait of Hormuz crisis is reshaping global energy capital investment, with greater emphasis on energy sovereignty, supply diversification and new export routes. Against this backdrop, T.EN is seeing increased front-end engagement and demand for fast-track projects, alongside an improving opportunity pipeline in LNG, offshore, energy derivatives and sustainable fuels. This will support order intake from 2027 through the end of the decade and reinforce our growth momentum into the 2030s.”


Please download the pdf to learn more about:

  • Key financials – adjusted IFRS
  • Key financials – IFRS
  • Updated conditional 2026 segment guidance – adjusted IFRS
  • Operational and financial review
  • Company financial performance
  • Business highlights
  • Corporate and other items - adjusted IFRS
  • Debt and Liquidity - adjusted IFRS
  • Completion of share buyback program
  • AGM and Dividend
  • Forward-looking statements
  • Appendix

Conference call information

Technip Energies will host its H1 2026 results conference call and webcast on Thursday, July 30, 2026 at 14:00 CET. Details:

France:                          +33 1 70 91 87 04

United Kingdom:          +44 121 281 8004

United States:               +1 718 7058796

Conference Code:         880901

The event will be webcast simultaneously and can be accessed at:

T.EN H1 2026 Results Webcast

About Technip Energies

Technip Energies is a global technology and engineering powerhouse. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality.

Through collaboration and excellence in execution, our 18,000+ employees across 35 countries are fully committed to bridging prosperity with sustainability for a world designed to last.

Technip Energies generated revenues of €7.2 billion in 2025 and is listed on Euronext Paris. The Company also has American Depositary Receipts trading over the counter.

For further information: www.ten.com.

Contacts

Investor Relations

Phillip Lindsay

Vice President, Investor Relations

Tel: +44 20 7585 5051

Email: [email protected]

Media Relations

Jason Hyonne

Manager, Press Relations & Social Media

Tel: +33 1 47 78 22 89

Email: [email protected]