Tenaris revenue and financials
$58.46Change from previous close: +4.41%Absolute change: +$2.47
In the fiscal year ended December 2025, Tenaris reported revenue of $11.98B (−4.33% year over year). Net income was $1.93B, a net margin of 16.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −4.33%
- 2025 vs 2024
- Net income growth
- −5.09%
- 2025 vs 2024
- Net margin
- 16.1%
- 2024: 16.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 11,981 | 12,524 | 14,869 | 11,763 | 6,521 | 5,147 | 7,294 | 7,659 | 5,289 | 4,294 |
| Cost of revenue | 7,861 | 8,135 | 8,669 | 7,088 | 4,612 | 4,087 | 5,107 | 5,279 | 3,685 | 3,166 |
| Gross profit | 4,120 | 4,388 | 6,200 | 4,675 | 1,910 | 1,059 | 2,187 | 2,379 | 1,603 | 1,128 |
| Selling, general and administrative | 1,586 | 1,620 | 1,624 | 1,396 | — | — | — | — | — | — |
| Research and development | 64.2 | 74.2 | 60.0 | 50.7 | 45.3 | 41.8 | 61.1 | 63.4 | 63.7 | 68.6 |
| Operating income | 2,283 | 2,419 | 4,316 | 2,963 | 708 | -663 | 832 | 872 | 335 | -59.1 |
| EBIT | 2,521 | 2,618 | 4,740 | 3,212 | — | — | — | — | — | — |
| EBITDA | 3,137 | 3,251 | 5,288 | 3,820 | — | — | — | — | — | — |
| Interest expense | 46.9 | 61.2 | 107 | 45.9 | 23.7 | 27.0 | 43.4 | 36.9 | 27.1 | 22.3 |
| Pre-tax income | 2,474 | 2,556 | 4,633 | 3,166 | — | — | — | — | — | — |
| Income tax | 501 | 480 | 675 | 617 | 189 | 23.2 | 202 | 229 | -17.1 | 17.1 |
| Net income | 1,933 | 2,036 | 3,918 | 2,553 | 1,100 | -634 | 743 | 876 | 545 | 55.3 |
| Net income to common shareholders | 1,933 | 2,036 | 3,918 | 2,553 | — | — | — | — | — | — |
| Basic EPS | 3.66 | 3.62 | 6.64 | 4.32 | — | — | — | — | — | — |
| Diluted EPS | 3.66 | 3.62 | 6.64 | 4.32 | — | — | — | — | — | — |
| Average shares (basic) | 528 | 564 | 589 | 590 | — | — | — | — | — | — |
| Average shares (diluted) | 528 | 564 | 589 | 590 | — | — | — | — | — | — |