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.

Income statement · 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 revenue	3,826	3,528	4,521	3,771	3,697	3,518	4,419	3,712	3,371	3,047	3,518	3,016
Cost of revenue	2,338	2,530	2,372	2,807	2,282	2,619	2,398	2,863	2,128	2,297	1,728	2,367
Gross profit	1,488	998	2,149	964	1,415	899	2,021	849	1,243	750	1,790	649
Selling, general and administrative	1,135	566	1,646	538	1,024	548	1,602	508	955	476	1,539	415
Operating income	83.0	157	256	158	176	156	230	162	152	123	145	109
EBIT	83.0	157	256	158	176	156	230	162	152	123	145	109
EBITDA	367	434	556	402	190	350	331	327	182	268	147	227
Interest expense	38.0	41.0	21.0	47.0	24.0	55.0	77.0	31.0	49.0	40.0	28.0	46.0
Pre-tax income	59.0	124	180	126	95.0	117	159	145	101	91.0	129	83.0
Income tax	41.0	46.0	90.0	45.0	32.0	40.0	59.0	57.0	40.0	34.0	28.0	39.0
Net income	18.0	78.0	90.0	81.0	63.0	77.0	100	88.0	61.0	57.0	100	39.0
Net income to common shareholders	18.0	78.0	90.0	81.0	63.0	77.0	100	88.0	61.0	57.0	100	39.0
Basic EPS	0.01	0.04	0.05	—	0.03	0.04	0.05	—	0.03	—	0.05	—
Diluted EPS	0.01	0.04	0.05	—	0.03	0.04	0.05	—	0.03	—	0.05	—
Average shares (basic)	1,940	1,940	1,940	—	1,957	1,957	1,957	—	1,973	—	1,995	—
Average shares (diluted)	1,940	1,940	1,940	—	1,957	1,957	1,957	—	1,973	—	1,995	—
Dividend per share	—	—	0.17	—	—	—	0.17	—	—	—	—	—