EarningsQ2 2026 Earnings Report
THNPF Q2 2026 EPS Results
Actual EPS$0.07
Consensus EPS$0.58
Beat/MissMissed by -$0.51
One Year Ago EPS$0.62
THNPF Q2 2026 Revenue Results
Actual Revenue$4.29B
Expected Revenue$2.09B
Beat/MissBeat by +$2.20B
YoY Revenue Growth+6.23%
Earnings Announcement Details
QuarterQ2 2026
Date07/30/2026
TimeBefore Open
Conference CallThursday, July 30, 2026
THNPF Upcoming Earnings
Technip Energies NV's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mixed but constructive picture: significant operational and profitability headwinds driven by the Middle East conflict materially compressed H1 EBITDA and forced a prudent reset of Project Delivery margin guidance. Offsetting that near-term weakness were exceptional commercial results (EUR 12.7bn orders, backlog EUR 25bn), a record cash position (EUR 4.8bn), strong free cash conversion (86% ex-WC), completed shareholder returns (EUR 150m buyback, dividend) and resilient TPS margins. Management emphasized contractual protections, ongoing cost-recovery negotiations, and confidence in a meaningful recovery in Project Delivery margins from 2027, which together with the high-quality backlog and strong balance sheet underpin a constructive medium-term outlook.Company Guidance
Record Order Intake and Backlog Expansion
Exceptional H1 order intake of EUR 12.7 billion (book-to-bill 3.4), driving group backlog to a record EUR 25 billion (up >50% year-to-date), equivalent to ~3x full year revenue and providing strong medium-term visibility.
Revenue Stability
Group revenues stable year-over-year at EUR 3.7 billion, demonstrating resilience in a complex operating environment.
Strong Cash and Balance Sheet Position
Gross cash reached a record EUR 4.8 billion (approximately EUR 1.0 billion higher than year-end), economic net cash position > EUR 900 million, and net contract liability of EUR 4.1 billion, supporting flexibility for investment and shareholder returns.
High Free Cash Flow Conversion
Free cash flow conversion (excluding working capital and provisions) was robust at 86%; actual free cash flow was EUR 183 million. Company expects to maintain conversion in a 70%–85% range going forward.
Capital Returns and Financing Activity
Completed EUR 150 million share buyback in H1, paid annual dividend, and priced a EUR 500 million bond. Total capital returns in 2026 expected around EUR 300 million (~>50% of 2025 free cash flow and ~5% of market cap).
TPS Margin Resilience and Growth
Technology, Products & Services (TPS) delivered resilient performance: revenues down 2% (flat at constant FX) while recurring EBITDA margin expanded to 15.4% (+30 basis points year-over-year), keeping TPS EBITDA broadly in line with prior year; TPS H1 orders EUR 857 million and backlog ~EUR 1.5 billion.
Employee Ownership and ESOP Success
ESOP 2026 was ~75% oversubscribed with ~8,000 employees participating; 45% of employees are now shareholders and employees collectively own 3.5% of the stock, strengthening alignment with long-term strategy.
THNPF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed