Income Statement - TENARIS SA (TS)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 11,981.16 | 12,523.93 | 14,868.86 | 11,762.53 | 6,521.21 | 5,146.73 | 7,294.06 | 7,658.59 | 5,288.50 | 4,293.59 | 7,100.75 | 10,337.96 | 10,596.78 | 10,834.03 | 9,972.48 | 7,711.60 | 8,149.32 | 12,131.84 | 10,042.01 | 7,727.75 |
| Cost of revenue | 7,860.74 | 8,135.49 | 8,668.92 | 7,087.74 | 4,611.60 | 4,087.32 | 5,107.50 | 5,279.30 | 3,685.06 | 3,165.68 | 4,885.08 | 6,287.46 | 6,456.79 | 6,637.29 | 6,229.53 | 4,700.81 | 4,864.92 | 6,799.19 | 5,515.77 | 3,884.23 |
| Gross profit | 4,120.41 | 4,388.45 | 6,199.95 | 4,674.79 | 1,909.61 | 1,059.42 | 2,186.56 | 2,379.29 | 1,603.45 | 1,127.91 | 2,215.68 | 4,050.50 | 4,140.00 | 4,196.74 | 3,742.95 | 3,010.79 | 3,284.40 | 5,332.65 | 4,526.24 | 3,843.52 |
| Total operating expenses | 1,826.97 | 1,969.60 | 1,883.54 | 1,711.51 | 1,202.10 | 1,722.49 | 1,354.17 | 1,501.01 | 1,263.91 | 1,186.97 | 2,020.25 | 1,939.71 | 1,937.47 | 1,820.67 | 1,848.19 | 1,515.87 | 1,470.79 | 2,304.78 | 1,569.02 | 1,051.03 |
| Operating income | 2,293.44 | 2,418.85 | 4,316.41 | 2,963.28 | 707.51 | -663.07 | 832.39 | 871.81 | 334.59 | -59.06 | 195.43 | 1,898.82 | 2,184.83 | 2,356.61 | 1,894.76 | 1,494.92 | 1,813.61 | 3,027.86 | 2,957.23 | 2,792.49 |
| Non-operating income (net) | 180.45 | 137.60 | 316.38 | 202.66 | 535.26 | 43.80 | 101.32 | 231.29 | 93.12 | 93.49 | -25.35 | 53.18 | 17.42 | -113.64 | 51.21 | 96.13 | -64.66 | -151.68 | -91.73 | 89.72 |
| Income before tax | 2,473.90 | 2,556.45 | 4,632.79 | 3,165.94 | 1,242.77 | -619.27 | 933.71 | 1,103.11 | 427.71 | 34.43 | 170.08 | 1,951.99 | 2,202.25 | 2,242.97 | 1,945.97 | 1,591.05 | 1,748.95 | 2,876.19 | 2,865.49 | 2,882.20 |
| Income tax expense | 500.62 | 479.68 | 674.96 | 617.24 | 189.45 | 23.15 | 202.45 | 229.21 | -17.14 | 17.10 | 244.51 | 586.06 | 627.88 | 541.56 | 525.25 | 450.00 | 513.21 | 1,011.68 | 823.92 | 869.98 |
| Net income | 1,932.81 | 2,036.45 | 3,918.07 | 2,553.28 | 1,100.19 | -634.42 | 742.69 | 876.06 | 544.74 | 55.30 | -80.16 | 1,343.27 | 1,551.39 | 1,699.05 | 1,331.16 | 1,127.37 | 1,161.56 | 2,275.62 | 1,923.75 | 1,945.31 |
Show Quarterly Income Statement
Income Statement - TENARIS SA (TS)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3,111.73 | 2,995.13 | 2,964.89 | 3,085.67 | 2,922.21 | 2,845.23 | 2,915.49 | 3,321.68 | 3,441.54 | 3,414.93 | 3,237.84 | 4,074.91 | 4,141.18 | 3,620.21 | 2,974.80 | 2,800.47 | 2,367.04 | 2,057.16 | 1,753.74 | 1,528.51 | 1,181.79 | 1,130.63 | 1,012.75 | 1,241.05 | 1,762.31 | 1,740.55 | 1,763.78 | 1,917.97 | 1,871.76 | 2,104.98 | 1,898.89 | 1,788.48 | 1,866.24 | 1,588.92 | 1,302.92 | 1,242.80 | 1,153.86 | 1,045.80 | 1,048.53 | 1,120.67 | 1,257.25 | 1,419.93 | 1,559.19 | 1,868.08 | 2,253.56 | 2,676.51 | 2,420.63 | 2,660.88 | 2,579.94 | 2,674.15 | 2,415.06 | 2,829.27 | 2,678.31 | 2,758.12 | 2,657.07 | 2,801.49 | 2,617.35 | 2,750.55 | 2,494.84 | 2,403.12 | 2,323.97 | 2,063.87 | 2,027.24 | 1,981.76 | 1,638.72 | 1,847.21 | 1,771.48 | 2,096.34 | 2,449.49 | 3,238.75 | 3,118.51 | 3,148.39 | 2,626.19 | 2,488.95 | 2,523.55 | 2,604.21 | 2,425.30 | 2,059.84 | 1,922.49 | 1,962.27 | 1,783.15 |
| Cost of revenue | 2,057.78 | 1,980.13 | 1,937.47 | 2,013.64 | 1,920.86 | 1,922.26 | 1,935.56 | 2,143.61 | 2,134.05 | 2,120.59 | 1,973.38 | 2,267.16 | 2,307.78 | 2,063.97 | 1,766.49 | 1,735.34 | 1,521.94 | 1,400.37 | 1,214.45 | 1,113.78 | 883.00 | 895.46 | 855.87 | 1,042.32 | 1,293.67 | 1,244.19 | 1,248.69 | 1,342.82 | 1,271.80 | 1,442.01 | 1,305.23 | 1,226.56 | 1,305.51 | 1,077.13 | 918.34 | 865.73 | 823.86 | 757.55 | 766.57 | 814.85 | 927.39 | 1,023.47 | 1,096.54 | 1,324.38 | 1,440.69 | 1,659.37 | 1,510.17 | 1,590.89 | 1,527.03 | 1,589.21 | 1,507.71 | 1,714.44 | 1,645.43 | 1,672.52 | 1,658.97 | 1,694.71 | 1,611.10 | 1,722.89 | 1,548.82 | 1,523.45 | 1,434.36 | 1,277.76 | 1,252.58 | 1,183.43 | 987.04 | 1,156.55 | 1,080.16 | 1,264.90 | 1,380.42 | 1,710.53 | 1,745.06 | 1,842.91 | 1,500.69 | 1,383.20 | 1,436.51 | 1,404.56 | 1,291.50 | 910.21 | 982.49 | 1,019.04 | 972.49 |
| Gross profit | 1,053.95 | 1,015.01 | 1,027.42 | 1,072.03 | 1,001.36 | 922.96 | 979.93 | 1,178.06 | 1,307.49 | 1,294.34 | 1,264.46 | 1,807.75 | 1,833.40 | 1,556.24 | 1,208.32 | 1,065.13 | 845.10 | 656.79 | 539.29 | 414.73 | 298.79 | 235.17 | 156.88 | 198.72 | 468.65 | 496.36 | 515.09 | 575.15 | 599.96 | 662.97 | 593.66 | 561.93 | 560.73 | 511.78 | 384.59 | 377.08 | 330.00 | 288.25 | 281.95 | 305.83 | 329.86 | 396.46 | 462.66 | 543.70 | 812.86 | 1,017.13 | 910.47 | 1,069.99 | 1,052.91 | 1,084.94 | 907.36 | 1,114.83 | 1,032.87 | 1,085.60 | 998.10 | 1,106.78 | 1,006.25 | 1,027.66 | 946.02 | 879.67 | 889.60 | 786.12 | 774.66 | 798.33 | 651.68 | 690.66 | 691.31 | 831.45 | 1,069.07 | 1,528.23 | 1,373.45 | 1,305.47 | 1,125.50 | 1,105.75 | 1,087.04 | 1,199.65 | 1,133.80 | 1,149.63 | 940.00 | 943.23 | 810.66 |
| Total operating expenses | 468.29 | 458.19 | 433.03 | 489.30 | 451.44 | 364.59 | 442.83 | 666.35 | 496.90 | 475.38 | 396.55 | 529.56 | 482.05 | 543.19 | 405.19 | 402.29 | 360.85 | 383.48 | 308.38 | 263.04 | 247.20 | 227.79 | 227.19 | 289.32 | 978.19 | 344.60 | 327.97 | 340.66 | 340.94 | 484.29 | 335.16 | 339.49 | 348.53 | 343.75 | 305.53 | 325.59 | 293.99 | 282.43 | 295.76 | 345.64 | 287.70 | 372.06 | 782.11 | 432.58 | 433.49 | 455.00 | 476.86 | 520.71 | 487.14 | 477.88 | 443.68 | 536.63 | 479.29 | 499.64 | 414.54 | 486.66 | 440.05 | 342.91 | 460.76 | 467.31 | 448.15 | 319.94 | 369.57 | 393.03 | 347.39 | 360.05 | 330.76 | 394.65 | 390.97 | 968.91 | 439.53 | 481.75 | 414.59 | 373.84 | 399.73 | 419.23 | 376.20 | 346.62 | 244.23 | 250.43 | 209.75 |
| Operating income | 585.67 | 556.82 | 596.63 | 582.73 | 549.91 | 558.38 | 537.10 | 511.71 | 811.66 | 818.96 | 867.90 | 1,278.19 | 1,351.35 | 1,013.05 | 803.13 | 662.85 | 484.25 | 273.32 | 230.91 | 151.69 | 51.59 | 7.39 | -70.32 | -90.60 | -509.55 | 151.77 | 187.12 | 234.49 | 259.02 | 178.68 | 258.50 | 222.44 | 212.20 | 168.03 | 79.06 | 51.49 | 36.01 | 5.82 | -13.81 | -39.81 | 42.16 | 24.39 | -319.46 | 111.12 | 379.37 | 350.16 | 433.61 | 549.28 | 565.77 | 589.37 | 463.68 | 578.20 | 553.59 | 585.96 | 583.56 | 620.89 | 566.20 | 555.69 | 485.26 | 412.36 | 441.45 | 453.82 | 405.09 | 405.30 | 309.34 | 330.62 | 360.55 | 436.80 | 678.10 | 559.31 | 933.92 | 823.72 | 710.91 | 731.91 | 687.31 | 780.41 | 757.60 | 803.01 | 695.77 | 692.80 | 600.91 |
| Non-operating income (net) | 84.40 | 46.48 | 27.71 | 64.31 | 49.29 | 83.46 | 56.06 | -25.34 | 23.42 | 149.97 | -42.90 | 135.48 | 73.83 | 48.35 | -23.82 | 91.65 | 86.49 | 135.07 | 153.83 | 155.44 | 90.92 | 67.23 | 6.10 | -9.11 | -20.42 | 6.50 | 21.14 | 20.15 | 53.53 | 44.66 | 68.99 | 79.49 | 38.16 | 30.30 | 17.48 | 14.57 | 30.77 | 37.62 | 30.44 | 28.23 | -2.84 | -27.22 | -0.79 | -3.83 | 6.50 | 22.25 | -229.98 | 14.84 | 61.31 | 20.26 | -6.99 | 1.16 | 2.99 | -123.56 | -9.58 | -12.40 | 31.90 | 5.64 | 21.01 | 4.58 | 19.99 | 1.51 | 3.32 | -5.62 | 18.30 | 6.17 | -25.66 | 34.34 | -81.91 | -132.08 | -31.05 | 30.58 | -19.13 | -14.07 | -51.72 | -3.27 | -22.67 | 2.07 | 25.91 | 29.62 | 32.12 |
| Income before tax | 670.07 | 603.30 | 624.34 | 647.05 | 599.21 | 641.84 | 593.16 | 486.37 | 835.08 | 968.93 | 825.01 | 1,413.67 | 1,425.18 | 1,061.40 | 779.31 | 754.49 | 570.74 | 408.38 | 384.74 | 307.14 | 142.51 | 74.62 | -64.21 | -99.71 | -529.96 | 158.27 | 208.26 | 254.64 | 312.55 | 223.34 | 327.48 | 301.93 | 250.36 | 198.33 | 96.53 | 66.06 | 66.79 | 43.44 | 16.63 | -11.58 | 39.32 | -2.83 | -320.25 | 107.29 | 385.87 | 372.41 | 203.63 | 564.12 | 627.08 | 609.62 | 456.69 | 579.36 | 556.57 | 462.41 | 573.98 | 608.48 | 598.10 | 561.33 | 506.26 | 416.94 | 461.44 | 455.33 | 408.40 | 399.69 | 327.64 | 336.79 | 334.90 | 471.13 | 596.19 | 427.23 | 902.87 | 854.30 | 691.78 | 717.84 | 635.58 | 777.15 | 734.93 | 805.08 | 721.68 | 722.41 | 633.02 |
| Income tax expense | 103.86 | 142.23 | 171.70 | 105.34 | 81.34 | 122.71 | 133.97 | 138.15 | 84.86 | -176.85 | 278.20 | 277.63 | 295.97 | 258.23 | 171.24 | 120.46 | 67.31 | 72.25 | 58.51 | 16.95 | 41.74 | -34.89 | -28.33 | -49.40 | 135.77 | 9.81 | 107.74 | 14.94 | 69.96 | -1.72 | 80.36 | 135.45 | 15.12 | 36.16 | 1.31 | -7.36 | -47.25 | 26.81 | 1.14 | -2.40 | 11.37 | 42.20 | 35.42 | 34.97 | 131.93 | 126.16 | 116.61 | 144.22 | 199.07 | 201.82 | 142.40 | 149.80 | 133.86 | 112.07 | 136.49 | 148.33 | 144.67 | 134.99 | 140.78 | 112.24 | 137.24 | 134.17 | 105.70 | 104.72 | 105.43 | 96.04 | 97.58 | 114.52 | 203.10 | 312.77 | 271.71 | 218.59 | 208.61 | 156.51 | 199.22 | 242.66 | 225.53 | 240.27 | 211.73 | 226.65 | 191.33 |
| Net income | 542.67 | 448.87 | 443.71 | 531.32 | 506.93 | 516.21 | 448.07 | 335.19 | 736.98 | 1,129.10 | 537.31 | 1,123.03 | 1,128.63 | 807.32 | 606.47 | 636.72 | 502.77 | 370.03 | 329.87 | 293.94 | 106.35 | 106.56 | -32.95 | -47.96 | -660.07 | 151.77 | 106.55 | 241.49 | 242.88 | 225.83 | 246.93 | 168.33 | 234.98 | 160.23 | 104.85 | 74.52 | 205.13 | 33.80 | 16.60 | -13.27 | 18.16 | -46.65 | -354.90 | 66.31 | 255.08 | 246.92 | 81.21 | 407.89 | 422.51 | 408.63 | 300.16 | 417.83 | 424.78 | 357.69 | 436.43 | 461.09 | 443.84 | 399.57 | 324.99 | 287.22 | 319.37 | 320.91 | 304.81 | 282.10 | 219.55 | 222.37 | 229.87 | 343.27 | 366.05 | 244.47 | 570.64 | 987.47 | 473.04 | 546.54 | 400.95 | 495.95 | 480.30 | 574.75 | 479.11 | 471.77 | 441.69 |