Terna
€9.15Change from previous close: +0.18%Absolute change: +€0.02
At a glance
- Revenue growth
- +9.55%
- 2025 vs 2024
- Net income growth
- +4.67%
- 2025 vs 2024
- Net margin
- 27.7%
- 2024: 29.0%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 829 | 510 | 1,144 | 432 | 610 | 1,288 | 129 | 399 | 605 | 331 | 59.3 | 675 |
| Depreciation and amortization | 259 | 248 | — | 222 | 219 | — | — | — | — | — | — | — |
| Capital expenditure | -812 | -512 | -951 | -521 | -562 | -779 | -437 | -483 | -729 | -410 | -315 | -368 |
| Investing cash flow | -286 | -512 | -837 | -688 | -562 | -442 | -767 | -483 | -711 | -428 | -315 | -731 |
| Financing cash flow | -1,263 | 832 | -902 | 308 | -14.7 | -736 | 1,097 | -8.6 | -1,009 | 572 | -15.3 | -734 |
| Dividends paid | -584 | — | -7.8 | -549 | — | -6.7 | -446 | — | — | -435 | — | -208 |
| Share repurchases | — | — | — | — | — | -842 | — | — | — | -4.1 | — | -10.0 |
| Debt issued | — | — | -843 | 843 | — | -692 | 692 | — | -996 | 996 | — | — |
| Debt repaid | -693 | — | — | — | — | — | — | — | — | — | — | -289 |
| Net change in cash | -720 | 830 | -596 | 53.1 | 33.8 | 110 | 459 | -92.7 | -1,115 | 476 | -271 | -790 |
| Free cash flow | 17.2 | -1.5 | 193 | -88.5 | 48.1 | 509 | -308 | -84.1 | -123 | -78.8 | -256 | 307 |
| Levered free cash flow | -1,276 | 1,152 | 1,660 | -1,384 | 1,180 | 1,367 | -1,268 | 842 | 902 | -1,150 | 689 | -600 |