News

[Press Release]

• 9M 2026 revenue: 570.1 million euros
• 80 orders received, including 71 for new LNG carriers: second-best commercial performance
• Order book of 299 units valued at 1.8 billion euros for the core business
• Strong innovation drive and presentation of GTT Energy’s new services offering
• 2026 objectives confirmed despite an uncertain geopolitical context
   

Paris – October 23, 2026. GTT, the technological expert in membrane containment systems used to transport and store liquefied gases, today announces its revenue for the first nine months of 2026.
 

Commenting on the results, François Michel, Chief Executive Officer of GTT, said:

“The Group’s commercial performance during the first nine months of 2026 demonstrates the strength of the LNG market’s fundamentals: new final investment decisions have been taken for a total of 51 Mtpa, in addition to the 84 Mtpa signed in 2025, attesting to the fact that there is sustainable demand for LNG. The 80 orders recorded also provide us with very strong visibility for the coming years. We are maintaining a close dialogue with our customers and partners regarding the ongoing uncertainty caused by the current conflict in the Middle East.

Our strategy of innovation and value proposition strengthening has been illustrated with the announcement of numerous innovations at Gastech in Bangkok in September. In particular, we presented our new services offering: the LNG Performance Centre. Built for LNG industry stakeholders, this platform is designed to support ship-owners and charterers in optimising the performance of their LNG carrier fleets and managing their cargo. The deployment of Cargo Insights, the first module of this offering, marks a major milestone and demonstrates our ability to respond quickly to our customers’ and partners’ expectations.

Our new GTT Marine division continued its commercial development and the contracts signed with leading players underline the relevance of our integrated offering, which combines data collection equipment with digital solutions for performance monitoring and improvement.

Revenues for the first nine months of 2026 are down by -4.9% compared to last year’s record revenues level. The Group’s activity for the first nine month of 2026 mainly reflects the lower number of LNG carriers under construction, linked to the low level of order intake registered during the first nine months of 2025. Moreover, the recent trend towards earlier ship delivery dates appears to be reversing, with delivery dates realigning with initial contractual milestones, resulting in a slight shift, representing less than 2% of the nine months revenue.

Furthermore, the Group is dedicating additional resources to develop its new Services activities, in addition to the investments dedicated to its Digital offering, in line with its strategy.

Taking into account these elements, the Group confirms its objectives for 2026 despite an uncertain geopolitical context.

Over the long run, the Group should benefit from the significant number of Final Investments Decisions taken for new liquefaction plants, the current strong order intake trend and the very high orderbook level, which provides high visibility for several years.” 

 

>> Read the full press release

 

Investor Relations Contact:
Information-financiere@gtt.fr / +33 (0)1 30 23 42 64 / +33 (0)1 30 23 20 87

Press Contacts:
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