Tenaris S.A. Q2 2025 Financial Results

SEC Filing 6-K (0001171843-25-004943)

Tenaris S.A. reported its consolidated condensed interim financial statements for the six-month period ended June 30, 2025. The company achieved net sales of $6,007.9 million, a decrease from $6,763.2 million in the same period of 2024. Gross profit stood at $2,073.4 million, down from $2,485.6 million in the previous year. Operating income was $1,132.6 million, compared to $1,323.4 million in 2024. Net income attributable to shareholders was $1,038.3 million, a decrease from $1,072.2 million in the prior year. Earnings per share were $0.97, down from $0.93 in 2024. The company also reported a decrease in cash and cash equivalents to $571.5 million from $675.3 million at the end of 2024. Tenaris continued to focus on its core Tubes segment, which contributed $5,686 million to net sales. The company also highlighted its ongoing litigation related to the acquisition of participation in Usiminas, which impacted its financial results.