Snam

SRG · Borsa Italiana · EUR

€5.61+1.45%+€0.08

Close · October 2, 2026

At a glance

Revenue growth: +8.88%; 2025 vs 2024
Net income growth: +0.87%; 2025 vs 2024
Net margin: 32.7%; 2024: 35.3%

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	38,015	29,299	37,000	27,642	35,948	26,616	35,789	24,868	32,716	24,689	33,525	23,222
Current assets	8,121	289	7,823	—	7,881	—	8,481	—	7,355	507	8,936	—
Cash and equivalents	2,796	—	1,643	—	1,826	—	1,806	—	1,939	—	1,382	—
Short-term investments	149	—	398	—	597	—	350	—	—	—	—	—
Receivables	3,037	—	3,616	—	3,254	—	4,070	—	3,154	—	4,671	—
Inventory	2,057	—	2,092	—	2,120	—	2,190	—	2,183	—	2,810	—
Net property, plant and equipment	23,756	23,390	22,586	21,949	21,573	21,145	20,746	19,866	19,489	19,117	18,941	18,256
Goodwill	—	—	80.0	—	108	—	80.0	—	80.0	—	80.0	—
Other intangible assets	1,960	1,966	1,890	1,894	1,784	1,735	1,480	1,504	1,408	1,449	1,369	1,378
Long-term investments	3,190	3,196	3,236	3,235	3,234	3,221	3,298	2,970	3,024	3,090	3,078	3,000
Current liabilities	10,666	1,184	10,901	676	8,709	327	10,186	-136	9,273	844	12,144	816
Accounts payable	841	—	912	—	716	—	987	—	757	—	987	—
Long-term debt	15,992	18,501	14,366	17,426	16,101	16,739	14,761	15,881	14,069	15,747	11,705	14,296
Total debt	21,812	18,501	19,535	—	19,989	59.0	—	—	—	—	—	—
Total liabilities	28,700	19,718	27,722	18,150	26,766	17,169	26,816	15,828	24,939	16,666	25,845	15,180
Total equity (incl. minority)	9,315	9,581	9,278	9,492	9,182	9,447	8,973	9,040	7,777	8,023	7,680	8,042
Retained earnings	5,539	—	5,499	—	5,394	—	5,203	—	4,942	—	4,875	—
Minority interest	42.0	42.0	41.0	40.0	43.0	44.0	44.0	44.0	47.0	47.0	45.0	68.0