Tenaris S A operating income 2001–2026
Tenaris S A's operating income in Q3 FY2026, the three months to 30 September 2026, was 597.52M USD, up 0.1% on the same quarter a year before. Tenaris S A's operating income over the last twelve months was 2.23B USD, down 2.3% on the twelve months before. In fiscal year 2025 it was 2.29B USD, down 5.2% on the year before.
Last updated 7 Nov 2026 · Next report 17 Feb 2027
Operating income
Growth
| Fiscal year | Period ending | Operating income | Growth | Operating margin | Gross profit | Gross margin | EBITDA |
|---|---|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 2.23B | -2.35% | 18.35% | 4.12B | 33.86% | 3.18B |
| FY2025 | 31 Dec 2025 | 2.29B | -5.18% | 19.14% | 4.12B | 34.39% | 3.14B |
| FY2024 | 31 Dec 2024 | 2.42B | -43.96% | 19.31% | 4.39B | 35.04% | 3.16B |
| FY2023 | 31 Dec 2023 | 4.32B | +45.66% | 29.03% | 6.20B | 41.70% | 5.29B |
| FY2022 | 31 Dec 2022 | 2.96B | +318.83% | 25.19% | 4.67B | 39.74% | 3.82B |
| FY2021 | 31 Dec 2021 | 707.51M | — | 10.85% | 1.91B | 29.28% | 1.86B |
| FY2020 | 31 Dec 2020 | -663.07M | -179.66% | -12.88% | 1.06B | 20.58% | 86.55M |
| FY2019 | 31 Dec 2019 | 832.39M | -4.52% | 11.41% | 2.19B | 29.98% | 1.52B |
| FY2018 | 31 Dec 2018 | 871.81M | +160.56% | 11.38% | 2.38B | 31.07% | 1.80B |
| FY2017 | 31 Dec 2017 | 334.59M | — | 6.33% | 1.60B | 30.32% | 943.23M |
| FY2016 | 31 Dec 2016 | -59.06M | -130.22% | -1.38% | 1.13B | 26.27% | 719.17M |
| FY2015 | 31 Dec 2015 | 195.43M | -89.71% | 2.75% | 2.22B | 31.20% | 822.67M |
| FY2014 | 31 Dec 2014 | 1.90B | -13.09% | 18.37% | 4.05B | 39.18% | 2.41B |
| FY2013 | 31 Dec 2013 | 2.18B | -7.29% | 20.62% | 4.14B | 39.07% | 2.79B |
| FY2012 | 31 Dec 2012 | 2.36B | +24.38% | 21.75% | 4.20B | 38.74% | 2.97B |
| FY2011 | 31 Dec 2011 | 1.89B | +26.75% | 19.00% | 3.74B | 37.53% | 2.50B |
| FY2010 | 31 Dec 2010 | 1.49B | -17.57% | 19.39% | 3.01B | 39.04% | 2.11B |
| FY2009 | 31 Dec 2009 | 1.81B | -40.10% | 22.25% | 3.28B | 40.30% | 2.37B |
| FY2008 | 31 Dec 2008 | 3.03B | +2.39% | 24.96% | 5.33B | 43.96% | 3.59B |
| FY2007 | 31 Dec 2007 | 2.96B | +5.90% | 29.45% | 4.53B | 45.07% | 3.47B |
| FY2006 | 31 Dec 2006 | 2.79B | +43.32% | 36.14% | 3.84B | 49.74% | 3.05B |
| FY2005 | 31 Dec 2005 | 1.95B | +139.51% | 28.93% | 2.79B | 41.47% | 2.16B |
| FY2004 | 31 Dec 2004 | 813.52M | +182.29% | 19.67% | 1.36B | 32.86% | 1.01B |
| FY2003 | 31 Dec 2003 | 288.19M | -38.93% | 9.06% | 971.83M | 30.56% | 487.99M |
| FY2002 | 31 Dec 2002 | 471.88M | +6.85% | 14.66% | 1.05B | 32.64% | 648.19M |
| FY2001 | 31 Dec 2001 | 441.63M | — | 13.91% | 1.01B | 31.78% | 441.63M |
| Quarter | Period ending | Operating income | Growth on a year before | Operating margin | Gross profit | Gross margin | EBITDA |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 597.52M | +0.15% | 19.26% | 1.07B | 34.45% | 827.19M |
| Q2 FY2026 | 30 Jun 2026 | 494.00M | -15.23% | 16.65% | 984.66M | 33.19% | 741.31M |
| Q1 FY2026 | 31 Mar 2026 | 585.67M | +6.50% | 18.82% | 1.05B | 33.87% | 833.76M |
| Q4 FY2025 | 31 Dec 2025 | 556.82M | -0.28% | 18.59% | 1.02B | 33.89% | 782.06M |
| Q3 FY2025 | 30 Sept 2025 | 596.63M | +11.08% | 20.12% | 1.03B | 34.65% | 788.00M |
| Q2 FY2025 | 30 Jun 2025 | 582.73M | +13.88% | 18.89% | 1.07B | 34.74% | 806.76M |
| Q1 FY2025 | 31 Mar 2025 | 549.91M | -32.25% | 18.82% | 1.00B | 34.27% | 757.36M |
| Q4 FY2024 | 31 Dec 2024 | 558.38M | -31.82% | 19.63% | 922.96M | 32.44% | 783.27M |
| Q3 FY2024 | 30 Sept 2024 | 537.10M | -38.12% | 18.42% | 979.93M | 33.61% | 760.26M |
| Q2 FY2024 | 30 Jun 2024 | 511.71M | -59.97% | 15.41% | 1.18B | 35.47% | 640.60M |
| Q1 FY2024 | 31 Mar 2024 | 811.66M | -39.94% | 23.58% | 1.31B | 37.99% | 1.03B |
| Q4 FY2023 | 31 Dec 2023 | 818.96M | -19.16% | 23.98% | 1.29B | 37.90% | 1.15B |
| Q3 FY2023 | 30 Sept 2023 | 867.90M | +8.07% | 26.80% | 1.26B | 39.05% | 980.31M |
| Q2 FY2023 | 30 Jun 2023 | 1.28B | +92.83% | 31.37% | 1.81B | 44.36% | 1.58B |
| Q1 FY2023 | 31 Mar 2023 | 1.35B | +179.06% | 32.63% | 1.83B | 44.27% | 1.58B |
| Q4 FY2022 | 31 Dec 2022 | 1.01B | +270.65% | 27.98% | 1.56B | 42.99% | 1.26B |
| Q3 FY2022 | 30 Sept 2022 | 803.13M | +247.81% | 27.00% | 1.21B | 40.62% | 939.54M |
| Q2 FY2022 | 30 Jun 2022 | 662.85M | +336.96% | 23.67% | 1.07B | 38.03% | 903.64M |
| Q1 FY2022 | 31 Mar 2022 | 484.25M | +838.64% | 20.46% | 845.10M | 35.70% | 715.65M |
| Q4 FY2021 | 31 Dec 2021 | 273.32M | +3,600.95% | 13.29% | 656.79M | 31.93% | 567.39M |
| Q3 FY2021 | 30 Sept 2021 | 230.91M | — | 13.17% | 539.29M | 30.75% | 539.53M |
| Q2 FY2021 | 30 Jun 2021 | 151.69M | — | 9.92% | 414.73M | 27.13% | 462.59M |
| Q1 FY2021 | 31 Mar 2021 | 51.59M | — | 4.37% | 298.79M | 25.28% | 291.65M |
| Q4 FY2020 | 31 Dec 2020 | 7.39M | -95.13% | 0.65% | 235.17M | 20.80% | 264.23M |
| Q3 FY2020 | 30 Sept 2020 | -70.32M | -137.58% | -6.94% | 156.88M | 15.49% | 119.96M |
| Q2 FY2020 | 30 Jun 2020 | -90.60M | -138.64% | -7.30% | 198.72M | 16.01% | 56.91M |
| Q1 FY2020 | 31 Mar 2020 | -509.55M | -296.72% | -28.91% | 468.65M | 26.59% | -354.54M |
| Q4 FY2019 | 31 Dec 2019 | 151.77M | -15.06% | 8.72% | 496.36M | 28.52% | 308.27M |
| Q3 FY2019 | 30 Sept 2019 | 187.12M | -27.61% | 10.61% | 515.09M | 29.20% | 321.74M |
| Q2 FY2019 | 30 Jun 2019 | 234.49M | +5.42% | 12.23% | 575.15M | 29.99% | 369.71M |
| Q1 FY2019 | 31 Mar 2019 | 259.02M | +22.06% | 13.84% | 599.96M | 32.05% | 450.86M |
| Q4 FY2018 | 31 Dec 2018 | 178.68M | +6.34% | 8.49% | 662.97M | 31.50% | 478.21M |
| Q3 FY2018 | 30 Sept 2018 | 258.50M | +226.98% | 13.61% | 593.66M | 31.26% | 393.54M |
| Q2 FY2018 | 30 Jun 2018 | 222.44M | +332.00% | 12.44% | 561.93M | 31.42% | 362.84M |
| Q1 FY2018 | 31 Mar 2018 | 212.20M | +489.21% | 11.37% | 560.73M | 30.05% | 358.37M |
| Q4 FY2017 | 31 Dec 2017 | 168.03M | +2,787.10% | 10.58% | 511.78M | 32.21% | 254.06M |
| Q3 FY2017 | 30 Sept 2017 | 79.06M | — | 6.07% | 384.59M | 29.52% | 225.35M |
| Q2 FY2017 | 30 Jun 2017 | 51.49M | — | 4.14% | 377.08M | 30.34% | 200.34M |
| Q1 FY2017 | 31 Mar 2017 | 36.01M | -14.59% | 3.12% | 330.00M | 28.60% | 198.23M |
| Q4 FY2016 | 31 Dec 2016 | 5.82M | -76.14% | 0.56% | 288.25M | 27.56% | 172.37M |
| Q3 FY2016 | 30 Sept 2016 | -13.81M | — | -1.32% | 281.95M | 26.89% | 172.23M |
| Q2 FY2016 | 30 Jun 2016 | -39.81M | -135.83% | -3.55% | 305.83M | 27.29% | 135.45M |
| Q1 FY2016 | 31 Mar 2016 | 42.16M | -88.89% | 3.35% | 329.86M | 26.24% | 191.10M |
| Q4 FY2015 | 31 Dec 2015 | 24.39M | -93.03% | 1.72% | 396.46M | 27.92% | 198.25M |
| Q3 FY2015 | 30 Sept 2015 | -319.46M | -173.68% | -20.49% | 462.66M | 29.67% | -156.31M |
| Q2 FY2015 | 30 Jun 2015 | 111.12M | -79.77% | 5.95% | 543.70M | 29.10% | 353.09M |
| Q1 FY2015 | 31 Mar 2015 | 379.37M | -32.95% | 16.83% | 812.86M | 36.07% | 527.11M |
| Q4 FY2014 | 31 Dec 2014 | 350.16M | -40.59% | 13.08% | 1.02B | 38.00% | 536.71M |
| Q3 FY2014 | 30 Sept 2014 | 433.61M | -6.49% | 17.91% | 910.47M | 37.61% | 587.12M |
| Q2 FY2014 | 30 Jun 2014 | 549.28M | -5.00% | 20.64% | 1.07B | 40.21% | 702.36M |
| Q1 FY2014 | 31 Mar 2014 | 565.77M | +2.20% | 21.93% | 1.05B | 40.81% | 726.42M |
| Q4 FY2013 | 31 Dec 2013 | 589.37M | +0.58% | 22.04% | 1.08B | 40.57% | 720.52M |
| Q3 FY2013 | 30 Sept 2013 | 463.68M | -20.54% | 19.20% | 907.36M | 37.57% | 621.61M |
| Q2 FY2013 | 30 Jun 2013 | 578.20M | -6.88% | 20.44% | 1.11B | 39.40% | 747.58M |
| Q1 FY2013 | 31 Mar 2013 | 553.59M | -2.23% | 20.67% | 1.03B | 38.56% | 715.85M |
| Q4 FY2012 | 31 Dec 2012 | 585.96M | +5.45% | 21.24% | 1.09B | 39.36% | 624.11M |
| Q3 FY2012 | 30 Sept 2012 | 583.56M | +20.26% | 21.96% | 998.10M | 37.56% | 733.54M |
| Q2 FY2012 | 30 Jun 2012 | 620.89M | +50.57% | 22.16% | 1.11B | 39.51% | 754.01M |
| Q1 FY2012 | 31 Mar 2012 | 566.20M | +28.26% | 21.63% | 1.01B | 38.45% | 740.99M |
| Q4 FY2011 | 31 Dec 2011 | 555.69M | +22.45% | 20.20% | 1.03B | 37.36% | 728.25M |
| Q3 FY2011 | 30 Sept 2011 | 485.26M | +19.79% | 19.45% | 946.02M | 37.92% | 638.70M |
| Q2 FY2011 | 30 Jun 2011 | 412.36M | +1.74% | 17.16% | 879.67M | 36.61% | 562.65M |
| Q1 FY2011 | 31 Mar 2011 | 441.45M | +42.71% | 19.00% | 889.60M | 38.28% | 590.99M |
| Q4 FY2010 | 31 Dec 2010 | 453.82M | +37.26% | 21.99% | 786.12M | 38.09% | 596.48M |
| Q3 FY2010 | 30 Sept 2010 | 405.09M | +12.35% | 19.98% | 774.66M | 38.21% | 544.38M |
| Q2 FY2010 | 30 Jun 2010 | 405.30M | -7.21% | 20.45% | 798.33M | 40.28% | 547.46M |
| Q1 FY2010 | 31 Mar 2010 | 309.34M | -54.38% | 18.88% | 651.68M | 39.77% | 473.73M |
| Q4 FY2009 | 31 Dec 2009 | 330.62M | -40.89% | 17.90% | 690.66M | 37.39% | 421.87M |
| Q3 FY2009 | 30 Sept 2009 | 360.55M | -61.39% | 20.35% | 691.31M | 39.02% | 493.69M |
| Q2 FY2009 | 30 Jun 2009 | 436.80M | -46.97% | 20.84% | 831.45M | 39.66% | 621.89M |
| Q1 FY2009 | 31 Mar 2009 | 678.10M | -4.62% | 27.68% | 1.07B | 43.64% | 767.02M |
| Q4 FY2008 | 31 Dec 2008 | 559.31M | -23.58% | 17.27% | 1.53B | 47.19% | 722.65M |
| Q3 FY2008 | 30 Sept 2008 | 933.92M | +35.88% | 29.95% | 1.37B | 44.04% | 1.11B |
| Q2 FY2008 | 30 Jun 2008 | 823.72M | +5.55% | 26.16% | 1.31B | 41.46% | 1.02B |
| Q1 FY2008 | 31 Mar 2008 | 710.91M | -6.16% | 27.07% | 1.13B | 42.86% | 893.36M |
| Q4 FY2007 | 31 Dec 2007 | 731.91M | -8.85% | 29.41% | 1.11B | 44.43% | 875.08M |
| Q3 FY2007 | 30 Sept 2007 | 687.31M | -1.22% | 27.24% | 1.09B | 43.08% | 812.56M |
| Q2 FY2007 | 30 Jun 2007 | 780.41M | +12.65% | 29.97% | 1.20B | 46.07% | 910.70M |
| Q1 FY2007 | 31 Mar 2007 | 757.60M | +26.08% | 31.24% | 1.13B | 46.75% | 858.08M |
| Q4 FY2006 | 31 Dec 2006 | 803.01M | +39.19% | 38.98% | 1.15B | 55.81% | 892.01M |
| Q3 FY2006 | 30 Sept 2006 | 695.77M | +46.41% | 36.19% | 940.00M | 48.90% | 748.99M |
| Q2 FY2006 | 30 Jun 2006 | 692.80M | +41.21% | 35.31% | 943.23M | 48.07% | 747.91M |
| Q1 FY2006 | 31 Mar 2006 | 600.91M | +48.12% | 33.70% | 810.66M | 45.46% | 651.78M |
| Q4 FY2005 | 31 Dec 2005 | 576.92M | +62.34% | 30.39% | 827.65M | 43.59% | 634.49M |
| Q3 FY2005 | 30 Sept 2005 | 475.22M | +135.42% | 28.97% | 677.46M | 41.30% | 528.13M |
| Q2 FY2005 | 30 Jun 2005 | 490.63M | +219.19% | 28.13% | 700.54M | 40.16% | 542.40M |
| Q1 FY2005 | 31 Mar 2005 | 405.68M | +295.51% | 27.92% | 587.80M | 40.46% | 457.66M |
| Q4 FY2004 | 31 Dec 2004 | 355.38M | — | 27.92% | 435.18M | 34.19% | 413.13M |
| Q3 FY2004 | 30 Sept 2004 | 201.86M | +84.79% | 20.04% | 365.86M | 36.33% | 250.40M |
| Q2 FY2004 | 30 Jun 2004 | 153.71M | +36.69% | 15.42% | 319.19M | 32.02% | 201.72M |
| Q1 FY2004 | 31 Mar 2004 | 102.57M | +4.06% | 11.94% | 238.89M | 27.80% | 156.40M |
| Q4 FY2003 | 31 Dec 2003 | -32.07M | — | -4.21% | 225.21M | 29.57% | 21.79M |
| Q3 FY2003 | 30 Sept 2003 | 109.24M | — | 14.38% | 250.80M | 33.02% | 156.69M |
| Q2 FY2003 | 30 Jun 2003 | 112.45M | — | 12.94% | 264.77M | 30.47% | 163.07M |
| Q1 FY2003 | 31 Mar 2003 | 98.57M | — | 12.48% | 231.05M | 29.26% | 146.44M |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,Net income,EPS,Shares outstanding,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Tenaris S A's operating income
Source: Financial Modeling Prep
