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

Vertex Pharmaceuticals is the larger business by last-quarter revenue ($3.0B vs $2.5B, roughly 1.2× TechnipFMC plc). Vertex Pharmaceuticals runs the higher net margin — 34.5% vs 10.5%, a 24.1% gap on every dollar of revenue. On growth, TechnipFMC plc posted the faster year-over-year revenue change (11.6% vs 7.8%). Over the past eight quarters, Vertex Pharmaceuticals's revenue compounded faster (6.3% 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.

Vertex Pharmaceuticals Incorporated is an American biopharmaceutical company based in Boston, Massachusetts. It was one of the first biotech firms to use an explicit strategy of rational drug design rather than combinatorial chemistry. It maintains headquarters in Boston, Massachusetts, and three research facilities, in San Diego, California, and Milton Park, Oxfordshire, England.

FTI vs VRTX — Head-to-Head

Bigger by revenue
VRTX
VRTX
1.2× larger
VRTX
$3.0B
$2.5B
FTI
Growing faster (revenue YoY)
FTI
FTI
+3.8% gap
FTI
11.6%
7.8%
VRTX
Higher net margin
VRTX
VRTX
24.1% more per $
VRTX
34.5%
10.5%
FTI
Faster 2-yr revenue CAGR
VRTX
VRTX
Annualised
VRTX
6.3%
3.5%
FTI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FTI
FTI
VRTX
VRTX
Revenue
$2.5B
$3.0B
Net Profit
$260.5M
$1.0B
Gross Margin
86.8%
Operating Margin
14.0%
38.1%
Net Margin
10.5%
34.5%
Revenue YoY
11.6%
7.8%
Net Profit YoY
7.3%
59.6%
EPS (diluted)
$0.64
$4.02

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
VRTX
VRTX
Q1 26
$2.5B
$3.0B
Q4 25
$2.5B
$3.2B
Q3 25
$2.6B
$3.1B
Q2 25
$2.5B
$3.0B
Q1 25
$2.2B
$2.8B
Q4 24
$2.4B
$2.9B
Q3 24
$2.3B
$2.8B
Q2 24
$2.3B
$2.6B
Net Profit
FTI
FTI
VRTX
VRTX
Q1 26
$260.5M
$1.0B
Q4 25
$242.7M
$1.2B
Q3 25
$309.7M
$1.1B
Q2 25
$269.5M
$1.0B
Q1 25
$142.0M
$646.3M
Q4 24
$224.7M
$913.0M
Q3 24
$274.6M
$1.0B
Q2 24
$186.5M
$-3.6B
Gross Margin
FTI
FTI
VRTX
VRTX
Q1 26
86.8%
Q4 25
85.4%
Q3 25
86.5%
Q2 25
23.1%
86.3%
Q1 25
20.5%
86.9%
Q4 24
85.5%
Q3 24
85.8%
Q2 24
21.2%
85.9%
Operating Margin
FTI
FTI
VRTX
VRTX
Q1 26
14.0%
38.1%
Q4 25
12.6%
37.8%
Q3 25
16.5%
38.6%
Q2 25
15.9%
38.8%
Q1 25
12.5%
22.7%
Q4 24
11.3%
35.2%
Q3 24
13.7%
40.3%
Q2 24
13.3%
-132.9%
Net Margin
FTI
FTI
VRTX
VRTX
Q1 26
10.5%
34.5%
Q4 25
9.6%
37.3%
Q3 25
11.7%
35.2%
Q2 25
10.6%
34.8%
Q1 25
6.4%
23.3%
Q4 24
9.5%
31.4%
Q3 24
11.7%
37.7%
Q2 24
8.0%
-135.8%
EPS (diluted)
FTI
FTI
VRTX
VRTX
Q1 26
$0.64
$4.02
Q4 25
$0.58
$4.64
Q3 25
$0.75
$4.20
Q2 25
$0.64
$3.99
Q1 25
$0.33
$2.49
Q4 24
$0.51
$3.62
Q3 24
$0.63
$4.01
Q2 24
$0.42
$-13.92

Balance Sheet & Financial Strength

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

Metric
FTI
FTI
VRTX
VRTX
Cash + ST InvestmentsLiquidity on hand
$960.8M
Total DebtLower is stronger
$384.0M
Stockholders' EquityBook value
$19.4B
Total Assets
$10.1B
$26.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTI
FTI
VRTX
VRTX
Q1 26
$960.8M
Q4 25
$1.0B
$6.6B
Q3 25
$876.6M
$6.3B
Q2 25
$950.0M
$6.4B
Q1 25
$1.2B
$6.2B
Q4 24
$1.2B
$6.1B
Q3 24
$6.5B
Q2 24
$5.8B
Total Debt
FTI
FTI
VRTX
VRTX
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
VRTX
VRTX
Q1 26
$19.4B
Q4 25
$3.4B
$18.7B
Q3 25
$3.3B
$17.3B
Q2 25
$3.3B
$17.2B
Q1 25
$3.1B
$16.5B
Q4 24
$3.1B
$16.4B
Q3 24
$3.3B
$15.6B
Q2 24
$3.0B
$14.8B
Total Assets
FTI
FTI
VRTX
VRTX
Q1 26
$10.1B
$26.5B
Q4 25
$10.1B
$25.6B
Q3 25
$10.3B
$24.9B
Q2 25
$10.1B
$24.0B
Q1 25
$10.0B
$22.9B
Q4 24
$9.9B
$22.5B
Q3 24
$9.7B
$22.2B
Q2 24
$9.2B
$20.1B
Debt / Equity
FTI
FTI
VRTX
VRTX
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
VRTX
VRTX
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$276.9M
FCF MarginFCF / Revenue
11.1%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTI
FTI
VRTX
VRTX
Q1 26
Q4 25
$453.6M
$498.0M
Q3 25
$525.1M
$1.2B
Q2 25
$344.2M
$1.1B
Q1 25
$441.7M
$818.9M
Q4 24
$578.9M
$584.6M
Q3 24
$277.9M
$1.4B
Q2 24
$230.9M
$-3.8B
Free Cash Flow
FTI
FTI
VRTX
VRTX
Q1 26
$276.9M
Q4 25
$359.1M
$348.6M
Q3 25
$447.8M
$1.1B
Q2 25
$260.6M
$927.4M
Q1 25
$379.9M
$778.2M
Q4 24
$452.7M
$492.0M
Q3 24
$225.3M
$1.3B
Q2 24
$180.1M
$-3.8B
FCF Margin
FTI
FTI
VRTX
VRTX
Q1 26
11.1%
Q4 25
14.3%
10.9%
Q3 25
16.9%
37.0%
Q2 25
10.3%
31.3%
Q1 25
17.0%
28.1%
Q4 24
19.1%
16.9%
Q3 24
9.6%
47.0%
Q2 24
7.7%
-144.5%
Capex Intensity
FTI
FTI
VRTX
VRTX
Q1 26
2.2%
Q4 25
3.8%
4.7%
Q3 25
2.9%
3.3%
Q2 25
3.3%
4.9%
Q1 25
2.8%
1.5%
Q4 24
5.3%
3.2%
Q3 24
2.2%
2.4%
Q2 24
2.2%
2.6%
Cash Conversion
FTI
FTI
VRTX
VRTX
Q1 26
Q4 25
1.87×
0.42×
Q3 25
1.70×
1.15×
Q2 25
1.28×
1.04×
Q1 25
3.11×
1.27×
Q4 24
2.58×
0.64×
Q3 24
1.01×
1.31×
Q2 24
1.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTI
FTI

Segment breakdown not available.

VRTX
VRTX

TRIKAFTA/KAFTRIO$2.4B79%
ALYFTREK$424.4M14%
Other$135.9M5%
CASGEVY$42.9M1%
Vertex recorded$29.0M1%

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