Tenaris SA TNRSF

Annual Quarterly

FY2025 · ended Dec 31, 2025 · Revenue $11.98B, -4.3% YoY · Filed Mar 31, 2026

Tenaris SA (TS) files with the SEC under industry code 3312, Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens). In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $12.0 billion and net income of $2.0 billion. As of Dec 31, 2025 it held $572.6 million in cash and investments and $449.0 million in total debt.

Revenue
$11.98B
-4.3% vs prior year
Net income
$1.97B
-5.0% vs prior year
Operating cash flow
$2.60B
-9.3% vs prior year
Free cash flow
—
EPS
—
Dividend per share
None
Shares outstanding
1.07B
-7.8% vs prior year
Net cash
$123.68M
FY 2025
Operating margin
19.1%
FY 2025

Company profile

Industry
Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) (SIC 3312)
Listed as
TS (NYSE), TNRSF (OTC)
Headquarters
Luxembourg, Luxembourg
SEC filer status
Large accelerated filer
SEC CIK
1190723

Other Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) companies

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
Revenue
$12.0B
$12.5B
$14.9B
$11.8B
$6.5B
Operating income
$2.3B
$2.4B
$4.3B
$3.0B
$707.5M
Net income
$2.0B
$2.1B
$4.0B
$2.5B
$1.1B
Operating cash flow
$2.6B
$2.9B
$4.4B
$1.2B
$119.1M
Total assets
$20.1B
$20.5B
$21.1B
$17.6B
$14.4B
Total liabilities
$3.2B
$3.6B
$4.1B
$3.5B
$2.3B
Stockholders' equity
$16.8B
$16.8B
$17.0B
$14.0B
$12.1B
Cash and investments
$572.6M
$675.3M
$1.6B
$1.1B
$318.1M
Total debt
$449.0M
$582.3M
$717.9M
$840.9M
$448.2M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
6-K Current report (foreign issuer) Nov 5, 2026 Nov 4, 2026
6-K Current report (foreign issuer) Aug 11, 2026 Aug 6, 2026
6-K Current report (foreign issuer) Aug 7, 2026 Jun 30, 2026
6-K Current report (foreign issuer) Aug 7, 2026 Jun 30, 2026
6-K Current report (foreign issuer) Aug 7, 2026 Aug 5, 2026
6-K Current report (foreign issuer) May 13, 2026 May 12, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.