Logotype for MODEC Inc

MODEC (6269) investor relations material

MODEC Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for MODEC Inc
Q4 2025 earnings summary13 Feb, 2026

Executive summary

  • Revenue reached $4,581 million, up 9.4% year-over-year, surpassing guidance and driven by major FPSO contracts in Brazil and Guyana.

  • Net income rose 63% to $360 million, with operating profit up 35.5% to $438 million.

  • Adjusted EBITDA hit a record $440 million, up 34% year-over-year, with strong EPCI and O&M segment performance.

  • Orders received soared 646.6% year-over-year, and total backlog increased up to 43.6%, reflecting robust demand.

  • Operating performance remained solid, with record results for the second consecutive year.

Financial highlights

  • EPCI and O&M revenues increased, with EPCI stable due to new projects offsetting mature declines.

  • O&M backlog reached $12.2 billion, with a 14.2-year average contract life.

  • Charter business maintains $8.8 billion backlog and 11.8-year average contract life.

  • Gross profit rose 47% year-over-year, and FY2025 EBITDA reached $440 million, with low leverage and $1.3 billion cash on hand.

  • Total assets were $4,763 million and total equity $1,474 million.

Outlook and guidance

  • FY2026 revenue forecast at $4,600 million, with profits and EPS expected to rise to $370 million and $5.41, respectively.

  • Annual dividend planned to increase to JPY200 per share in FY2026.

  • All segments expected to contribute to growth in FY2026.

Reason for equity method profit decline?
How to mitigate CFO timing fluctuations?
Why is 2026 profit forecast flat despite backlog?
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next MODEC earnings date

Logotype for MODEC Inc
Q1 202613 May, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next MODEC earnings date

Logotype for MODEC Inc
Q1 202613 May, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

MODEC Inc. specializes in the engineering, procurement, construction, and operation of floating production systems, primarily for the offshore oil and gas industry. The company's main products and services include Floating Production Storage and Offloading (FPSO) vessels, Floating Storage and Offloading (FSO) units, and Tension Leg Platforms (TLP). MODEC provides comprehensive solutions from initial concept design through to construction, installation, and operation. The company serves major oil companies worldwide, delivering advanced technologies to enhance offshore production efficiency and safety. The company is headquartered in Tokyo, Japan, and its shares are listed on the TYO.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage