Makes steel pipes for oil and gas industries.
Dec 2025Revenue $12.0B/yrExpenses $9.70B/yr
No trend
Figures by year
Is Tenaris profitable?
Yes. In the 12 months to Dec 2025, revenue was $12.0B and expenses $9.70B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $12.0B | $9.70B | $2.28B |
| Dec 2024 | $12.5B | $10.1B | $2.42B |
| Dec 2023 | $14.9B | $10.6B | $4.32B |
| Dec 2022 | $11.8B | $8.80B | $2.96B |
| Dec 2021 | $6.52B | $5.81B | $708M |
| Dec 2020 | $5.15B | $5.81B | −$663M |
| Dec 2019 | $7.29B | $6.46B | $832M |
| Dec 2018 | $7.66B | $6.79B | $872M |
| Dec 2017 | $5.29B | $4.95B | $335M |
| Dec 2016 | $4.29B | $4.35B | −$59.1M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.