Loading...
•
Dec 31, 2025
Tenaris Q4 2025 Earnings Report
Tenaris reported stable fourth quarter 2025 results with resilient margins and strong free cash flow generation despite tariff impacts.
Key Takeaways
Tenaris generated Q4 2025 net sales of 2995133000 and net income of 461063000, with EBITDA of 716859000 and a 23.9% EBITDA margin, while maintaining a net cash position of 3321973000.
Net sales reached 2995133000 compared to 2845226000 in Q4 2024.
Net income totaled 461063000 with EPS of 0.44 per share.
EBITDA amounted to 716859000 with a 23.9% margin.
Net cash position stood at 3321973000 at quarter end.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
For the first quarter of 2026, Tenaris expects sales and margins to remain close to current levels, supported by stable drilling activity and resilient customer demand.
Positive Outlook
- Sales and margins expected to remain close to Q4 2025 levels in Q1 2026.
- Resilient demand outlook from oil and gas companies.
- Stable drilling activity expected in the United States and Canada.
- Strong net cash position of 3321973000.
- Proposed annual dividend of 0.89 per share.
Challenges Ahead
- Volatility in oil and gas prices.
- Full impact of 50% Section 232 tariffs.
- Pressure from raw material cost increases.
- No expected major increase in global drilling activity.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...