Saipem

SPM · Borsa Italiana · EUR

€4.32+0.63%+€0.03

Close · October 2, 2026

At a glance

Revenue growth: +6.56%; 2025 vs 2024
Net income growth: +1.63%; 2025 vs 2024
Net margin: 2.0%; 2024: 2.1%

Financial data

Amounts in millions of EUR; per-share values in EUR; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	14,910	5,685	14,441	5,446	13,888	5,311	14,519	4,792	13,659	4,504	12,865	4,066
Current assets	10,013	1,235	9,122	844	8,815	976	9,764	589	8,886	284	8,130	203
Cash and equivalents	1,866	1,217	1,707	844	1,716	968	2,158	509	2,148	284	2,136	125
Short-term investments	448	—	603	—	522	—	338	—	86.0	—	86.0	—
Receivables	6,490	—	5,766	—	5,422	—	6,196	—	5,791	—	5,027	—
Inventory	297	—	312	—	620	—	310	—	279	—	256	—
Net property, plant and equipment	3,537	3,781	3,913	3,966	3,822	3,672	3,474	3,475	3,439	3,403	3,388	3,052
Goodwill	641	641	641	—	641	—	641	—	641	—	641	—
Other intangible assets	38.0	38.0	38.0	669	27.0	667	27.0	663	22.0	665	25.0	665
Long-term investments	121	-10.0	127	-33.0	127	-4.0	134	65.0	203	152	211	146
Current liabilities	9,412	1,583	8,393	1,354	7,800	1,544	8,564	1,426	8,082	1,432	6,881	1,349
Accounts payable	3,630	—	3,585	—	3,065	—	3,569	—	3,168	—	2,668	—
Long-term debt	1,448	—	1,440	—	1,689	—	1,742	—	1,765	—	2,168	—
Total debt	2,983	—	3,106	—	2,872	—	—	—	—	—	—	—
Total liabilities	12,597	3,020	11,803	2,809	11,280	2,601	11,995	2,253	11,240	2,122	10,469	1,813
Total equity (incl. minority)	2,313	2,665	2,638	2,637	2,608	2,710	2,524	2,539	2,419	2,382	2,396	2,253
Retained earnings	411	—	638	—	452	—	636	—	437	—	316	—
Minority interest	1.0	1.0	1.0	—	0.0	—	—	—	—	2.0	2.0	2.0