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Side-by-side financial comparison of TechnipFMC plc (FTI) and SHOPIFY INC. (SHOP). Click either name above to swap in a different company.

SHOPIFY INC. is the larger business by last-quarter revenue ($3.7B vs $2.5B, roughly 1.5× TechnipFMC plc). SHOPIFY INC. runs the higher net margin — 20.2% vs 10.5%, a 9.8% gap on every dollar of revenue. On growth, SHOPIFY INC. posted the faster year-over-year revenue change (30.6% vs 11.6%). SHOPIFY INC. produced more free cash flow last quarter ($715.0M vs $276.9M). Over the past eight quarters, SHOPIFY INC.'s revenue compounded faster (40.5% CAGR vs 3.5%).

TechnipFMC plc is a French-American, UK-domiciled global oil and gas company that provides services for the energy industry. The company was formed by the merger of FMC Technologies of the United States and Technip of France that was announced in 2016 and completed in 2017.

Shopify Inc., stylized as shopify, is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario that operates a platform for retail point-of-sale systems. The company has over 5 million customers and processed US$292.3 billion in transactions in 2024, of which 57% was in the United States. Major customers include Tesla, LVMH, Nestlé, PepsiCo, AB InBev, Kraft Heinz, Lindt, Whole Foods Market, Red Bull, and Hyatt.

FTI vs SHOP — Head-to-Head

Bigger by revenue
SHOP
SHOP
1.5× larger
SHOP
$3.7B
$2.5B
FTI
Growing faster (revenue YoY)
SHOP
SHOP
+19.0% gap
SHOP
30.6%
11.6%
FTI
Higher net margin
SHOP
SHOP
9.8% more per $
SHOP
20.2%
10.5%
FTI
More free cash flow
SHOP
SHOP
$438.1M more FCF
SHOP
$715.0M
$276.9M
FTI
Faster 2-yr revenue CAGR
SHOP
SHOP
Annualised
SHOP
40.5%
3.5%
FTI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FTI
FTI
SHOP
SHOP
Revenue
$2.5B
$3.7B
Net Profit
$260.5M
$743.0M
Gross Margin
46.1%
Operating Margin
14.0%
17.2%
Net Margin
10.5%
20.2%
Revenue YoY
11.6%
30.6%
Net Profit YoY
7.3%
-42.5%
EPS (diluted)
$0.64
$0.58

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FTI
FTI
SHOP
SHOP
Q1 26
$2.5B
Q4 25
$2.5B
$3.7B
Q3 25
$2.6B
$2.8B
Q2 25
$2.5B
$2.7B
Q1 25
$2.2B
$2.4B
Q4 24
$2.4B
$2.8B
Q3 24
$2.3B
$2.2B
Q2 24
$2.3B
$2.0B
Net Profit
FTI
FTI
SHOP
SHOP
Q1 26
$260.5M
Q4 25
$242.7M
$743.0M
Q3 25
$309.7M
$264.0M
Q2 25
$269.5M
$906.0M
Q1 25
$142.0M
$-682.0M
Q4 24
$224.7M
$1.3B
Q3 24
$274.6M
$828.0M
Q2 24
$186.5M
$171.0M
Gross Margin
FTI
FTI
SHOP
SHOP
Q1 26
Q4 25
46.1%
Q3 25
48.9%
Q2 25
23.1%
48.6%
Q1 25
20.5%
49.5%
Q4 24
48.1%
Q3 24
51.7%
Q2 24
21.2%
51.1%
Operating Margin
FTI
FTI
SHOP
SHOP
Q1 26
14.0%
Q4 25
12.6%
17.2%
Q3 25
16.5%
12.1%
Q2 25
15.9%
10.9%
Q1 25
12.5%
8.6%
Q4 24
11.3%
16.5%
Q3 24
13.7%
13.1%
Q2 24
13.3%
11.8%
Net Margin
FTI
FTI
SHOP
SHOP
Q1 26
10.5%
Q4 25
9.6%
20.2%
Q3 25
11.7%
9.3%
Q2 25
10.6%
33.8%
Q1 25
6.4%
-28.9%
Q4 24
9.5%
46.0%
Q3 24
11.7%
38.3%
Q2 24
8.0%
8.4%
EPS (diluted)
FTI
FTI
SHOP
SHOP
Q1 26
$0.64
Q4 25
$0.58
$0.58
Q3 25
$0.75
$0.20
Q2 25
$0.64
$0.69
Q1 25
$0.33
$-0.53
Q4 24
$0.51
$0.99
Q3 24
$0.63
$0.64
Q2 24
$0.42
$0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FTI
FTI
SHOP
SHOP
Cash + ST InvestmentsLiquidity on hand
$960.8M
$5.8B
Total DebtLower is stronger
$384.0M
Stockholders' EquityBook value
$13.5B
Total Assets
$10.1B
$15.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTI
FTI
SHOP
SHOP
Q1 26
$960.8M
Q4 25
$1.0B
$5.8B
Q3 25
$876.6M
$6.3B
Q2 25
$950.0M
$5.8B
Q1 25
$1.2B
$5.5B
Q4 24
$1.2B
$5.5B
Q3 24
Q2 24
Total Debt
FTI
FTI
SHOP
SHOP
Q1 26
$384.0M
Q4 25
$430.0M
Q3 25
$438.0M
Q2 25
$696.3M
Q1 25
$904.9M
Q4 24
$885.2M
Q3 24
$966.7M
Q2 24
$968.4M
Stockholders' Equity
FTI
FTI
SHOP
SHOP
Q1 26
Q4 25
$3.4B
$13.5B
Q3 25
$3.3B
$12.5B
Q2 25
$3.3B
$12.1B
Q1 25
$3.1B
$11.1B
Q4 24
$3.1B
$11.6B
Q3 24
$3.3B
$10.1B
Q2 24
$3.0B
$9.2B
Total Assets
FTI
FTI
SHOP
SHOP
Q1 26
$10.1B
Q4 25
$10.1B
$15.2B
Q3 25
$10.3B
$15.0B
Q2 25
$10.1B
$14.6B
Q1 25
$10.0B
$13.4B
Q4 24
$9.9B
$13.9B
Q3 24
$9.7B
Q2 24
$9.2B
Debt / Equity
FTI
FTI
SHOP
SHOP
Q1 26
Q4 25
0.13×
Q3 25
0.13×
Q2 25
0.21×
Q1 25
0.29×
Q4 24
0.29×
Q3 24
0.30×
Q2 24
0.33×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FTI
FTI
SHOP
SHOP
Operating Cash FlowLast quarter
$725.0M
Free Cash FlowOCF − Capex
$276.9M
$715.0M
FCF MarginFCF / Revenue
11.1%
19.5%
Capex IntensityCapex / Revenue
2.2%
0.3%
Cash ConversionOCF / Net Profit
0.98×
TTM Free Cash FlowTrailing 4 quarters
$1.3B
$2.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTI
FTI
SHOP
SHOP
Q1 26
Q4 25
$453.6M
$725.0M
Q3 25
$525.1M
$513.0M
Q2 25
$344.2M
$428.0M
Q1 25
$441.7M
$367.0M
Q4 24
$578.9M
$615.0M
Q3 24
$277.9M
$423.0M
Q2 24
$230.9M
$340.0M
Free Cash Flow
FTI
FTI
SHOP
SHOP
Q1 26
$276.9M
Q4 25
$359.1M
$715.0M
Q3 25
$447.8M
$507.0M
Q2 25
$260.6M
$422.0M
Q1 25
$379.9M
$363.0M
Q4 24
$452.7M
$611.0M
Q3 24
$225.3M
$421.0M
Q2 24
$180.1M
$333.0M
FCF Margin
FTI
FTI
SHOP
SHOP
Q1 26
11.1%
Q4 25
14.3%
19.5%
Q3 25
16.9%
17.8%
Q2 25
10.3%
15.7%
Q1 25
17.0%
15.4%
Q4 24
19.1%
21.7%
Q3 24
9.6%
19.5%
Q2 24
7.7%
16.3%
Capex Intensity
FTI
FTI
SHOP
SHOP
Q1 26
2.2%
Q4 25
3.8%
0.3%
Q3 25
2.9%
0.2%
Q2 25
3.3%
0.2%
Q1 25
2.8%
0.2%
Q4 24
5.3%
0.1%
Q3 24
2.2%
0.1%
Q2 24
2.2%
0.3%
Cash Conversion
FTI
FTI
SHOP
SHOP
Q1 26
Q4 25
1.87×
0.98×
Q3 25
1.70×
1.94×
Q2 25
1.28×
0.47×
Q1 25
3.11×
Q4 24
2.58×
0.48×
Q3 24
1.01×
0.51×
Q2 24
1.24×
1.99×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FTI
FTI

Segment breakdown not available.

SHOP
SHOP

Services$2.9B79%
Subscription And Circulation$777.0M21%

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