Tenaris Announces 2026 Third Quarter Results
Key Highlights
- ➤3Q net sales $3,102 million, up 5% sequentially and 4% year on year
- ➤3Q net income $521 million, up 6% sequentially and 15% year on year
- ➤3Q EBITDA $756 million; margin recovered sequentially to 24.4%
- ➤4Q sales and EBITDA expected to increase on stronger North American OCTG demand
- ➤Net cash reached $3.8 billion after $606 million dividends and $90 million buybacks
The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Free cash flow, Net cash / (debt) and Operating working capital days. See exhibit I for more details on these alternative performance measures.
LUXEMBOURG, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) today announced its results for the quarter ended September 30, 2026 in comparison with its results for the quarter ended September 30, 2025.
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