Filing Flows › Tenaris SA (TS) › Q2 2026
Tenaris SA (TS) Q2 2026 earnings results (second quarter 2026)
6-K filed Aug 7, 2026
Tenaris SA (TS) reported revenue of $3.0B for the second quarter 2026 (Q2 2026), -4% from a year earlier and -4% from the quarter before. Operating margin was 16.7%, net earnings $477M (16.1% of revenue).
Tenaris SA, Q2 2026: revenue $3.0B (-4% year over year), operating margin 16.7%, net earnings $477M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.0B | -4% | -4% |
| Gross profit | $985M | -6% | -8% |
| Operating profit | $494M | -15% | -15% |
| Net earnings | $477M | -12% | -10% |
What changed
Revenue was $3.0B in Q2 2026, down 4% year over year and down 4% from the previous quarter.
Gross margin was 33.2%, down 1.6 points from a year earlier. Operating profit was $0.49B, a 16.7% margin (down 2.2 points year over year). Operating expenses grew 0% against a revenue fall of 4%. The fastest-growing cost line was Other operating costs (+16%). Net earnings were $0.48B, down 10% year over year. The effective tax rate was -20.0%.
Questions
What was Tenaris SA's revenue in the second quarter 2026?
Tenaris SA (TS) reported revenue of $3.0B for the second quarter 2026 (Q2 2026), -4% from a year earlier and -4% from the quarter before.
Was Tenaris SA profitable in the second quarter 2026?
Operating profit was $494M (16.7% of revenue) and net earnings $477M.
Source: Tenaris SA 6-K on SEC EDGAR.