Tenaris (ADR) (TS)
Makes tubular products and runs mill-to-well services for energy and industrial customers.
$55.93
vs last close−0.04 (−0.07%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,238 | 3,415 | 3,442 | 3,322 | 2,915 | 2,845 | 2,922 | 3,086 | 2,965 | 2,995 | 3,112 | 2,967 |
| Cost of revenue | 1,973 | 2,121 | 2,134 | 2,144 | 1,936 | 1,922 | 1,921 | 2,014 | 1,937 | 1,980 | 2,058 | 1,982 |
| Gross profit | 1,264 | 1,294 | 1,307 | 1,178 | 980 | 923 | 1,001 | 1,072 | 1,027 | 1,015 | 1,054 | 985 |
| 397 | 475 | 497 | 666 | 443 | 365 | 451 | 489 | 433 | 458 | 468 | 491 | |
| 433 | 411 | 417 | 497 | 454 | 384 | 403 | 484 | 433 | 382 | 468 | 484 | |
| Selling & marketing | 0 | 154 | 168 | 0 | 0 | 140 | 166 | 0 | 0 | 154 | 0 | 0 |
| General & administrative | 0 | 257 | 249 | 0 | 0 | 243 | 238 | 0 | 0 | 227 | 0 | 484 |
| Other expenses | −36 | 65 | 80 | 170 | −11 | −19 | 48 | 6 | 0 | 77 | 0 | 7 |
| Operating income | 868 | 819 | 812 | 512 | 537 | 558 | 550 | 583 | 597 | 557 | 586 | 494 |
| −43 | 150 | 23 | −25 | 56 | 83 | 49 | 64 | 28 | 46 | 84 | 80 | |
| Interest income | 54 | 59 | 47 | 69 | 55 | 51 | 72 | 64 | 56 | 49 | 65 | 53 |
| Interest expense | 19 | 20 | 21 | 12 | 16 | 9 | 12 | 10 | 10 | 16 | 12 | 12 |
| Other non-operating income | 24 | −170 | −44 | 10 | −72 | −57 | −61 | −74 | −37 | −62 | −96 | −92 |
| Income before tax | 825 | 969 | 835 | 486 | 593 | 642 | 599 | 647 | 624 | 603 | 670 | 574 |
| Income tax expense | 278 | −177 | 85 | 138 | 134 | 123 | 81 | 105 | 172 | 142 | 104 | 82 |
| Net income from continuing operations | 547 | 1,146 | 750 | 348 | 459 | 519 | 518 | 542 | 453 | 461 | 566 | 492 |
| Net income | 537 | 1,129 | 737 | 335 | 448 | 516 | 507 | 531 | 444 | 449 | 543 | 477 |
| EPS, basic | $0.92 | $1.92 | $1.26 | $0.58 | $0.80 | $0.94 | $0.94 | $1.00 | $0.86 | $0.86 | $1.04 | $0.94 |
| EPS, diluted | $0.92 | $1.92 | $1.26 | $0.58 | $0.80 | $0.94 | $0.94 | $1.00 | $0.82 | $0.86 | $1.04 | $0.94 |
| Weighted average shares, basic | 590 | 588 | 580 | 569 | 556 | 549 | 538 | 538 | 538 | 520 | 520 | 505 |
| Weighted average shares, diluted | 590 | 588 | 580 | 569 | 556 | 549 | 538 | 538 | 538 | 520 | 520 | 505 |
| EBITDA | 980 | 1,145 | 1,031 | 641 | 760 | 783 | 757 | 807 | 787 | 641 | 834 | 882 |
| Depreciation & amortization | 136 | 156 | 175 | 139 | 151 | 168 | 146 | 150 | 156 | 21 | 152 | 296 |
| EBIT | 844 | 989 | 856 | 502 | 609 | 615 | 611 | 657 | 631 | 619 | 682 | 586 |