TGS revenue and financials

TGS · Oslo Børs · NOK

kr 134.80Change from previous close: +1.58%Absolute change: +kr 2.10

Close · October 5, 2026

In the fiscal year ended December 2025, TGS reported revenue of $1.53B (+15.83% year over year). Net income was $18.3M, a net margin of 1.2%.

Annual revenue · 2025: $1.53B
  1. $716.63M2022
  2. $794.3M2023
  3. $1.32B2024
  4. $1.53B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+15.83%
2025 vs 2024
Net income growth
−80.57%
2025 vs 2024
Net margin
1.2%
2024: 7.1%

Financial data

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

Income statement · Annual
Item20252024202320222021
Total revenue1,5271,318794717—
Cost of revenue993817540425—
Gross profit534502254292—
Operating income18720060.9151—
EBIT17618362.5134—
EBITDA889682393541—
Interest expense77.535.610.65.3—
Pre-tax income98.114851.9129—
Income tax79.853.330.240.9—
Net income18.394.221.687.8—
Net income to common shareholders18.394.221.687.8—
Basic EPS0.090.580.170.75—
Diluted EPS0.090.570.170.74—
Average shares (basic)196164126118—
Average shares (diluted)199165127119—