The earnings call highlighted Tenaris' resilience and strong performance in key regions despite challenges such as tariffs and high inventory levels. The company showed positive sales and EBITDA growth, with strategic expansions and increased dividends. However, these positives were tempered by the impact of tariffs on costs and working capital challenges, leading to a mixed outlook.

Company Guidance

During the third quarter of fiscal year 2025, Tenaris S.A. reported sales of $3 billion, marking a 2% year-on-year increase but a 3% sequential decline, attributed to reduced sales in the North Sea and lower offshore line pipe shipments in the Middle East. The EBITDA rose 3% sequentially to $753 million, including a $34 million gain from the return of U.S. antidumping deposits, positioning the EBITDA margin at 25%. Without this gain, the EBITDA would have been $719 million or 24% of sales. The company's operating cash flow was $318 million, with capital expenditure at $185 million, resulting in a free cash flow of $133 million. Despite share buybacks totaling $351 million, the net cash position fell to $3.5 billion. The Board approved an interim dividend of $0.29 per share, up 7% from the previous year. The company maintained its sales level in the U.S. and Canada despite a slowdown in drill rig activity, due to resilient customer demand and efficient operations. Tenaris also emphasized its commitment to operational efficiency and sustainability, highlighted by its increased energy production in Argentina through new wind farms. Looking forward, Tenaris anticipates a stable sales level for the next quarter, despite potential impacts from tariffs and inventory adjustments.

Resilient Sales and EBITDA Growth

Third quarter sales reached $3 billion, up 2% year-on-year. EBITDA increased 3% sequentially to $753 million, with an EBITDA margin of 25%.

Strong Performance in North America

Despite a slowdown in overall drill rig activity, Tenaris maintained sales levels in the U.S. and Canada due to the strength of its customer portfolio.

Increased Dividend Payment

The Board of Directors approved a 7% increase in the interim dividend per share compared to last year.

Expansion of Energy Production in Argentina

Operation commenced at a new 95-megawatt wind farm, contributing to powering operations in Campana with renewable energy.

Offshore Order Backlog Growth

Tenaris is building a strong offshore order backlog, including projects like TPAO Sakarya deepwater development in the Black Sea.

Tenaris SA (TS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 25, 2026	2025 (Q4)	0.80 / -	0.94	―	―	―
Oct 29, 2025	2025 (Q3)	0.77 / 0.85	0.81	4.94% (+0.04)	―
Jul 30, 2025	2025 (Q2)	0.87 / 0.99	0.59	67.80% (+0.40)	―
Apr 30, 2025	2025 (Q1)	0.78 / 0.94	1.27	-25.98% (-0.33)	―
Feb 19, 2025	2024 (Q4)	0.69 / 0.94	1.92	-51.04% (-0.98)	―
Nov 06, 2024	2024 (Q3)	0.66 / 0.81	0.91	-10.99% (-0.10)	―
Jul 31, 2024	2024 (Q2)	0.93 / 0.59	1.9	-68.95% (-1.31)	―
Apr 25, 2024	2024 (Q1)	1.04 / 1.27	1.91	-33.51% (-0.64)	―
Feb 21, 2024	2023 (Q4)	1.00 / 1.92	1.37	40.15% (+0.55)	―
Nov 01, 2023	2023 (Q3)	1.22 / 0.91	1.03	-11.65% (-0.12)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Oct 29, 2025	$38.08	$39.94	+4.88%
Jul 30, 2025	$37.16	$34.94	-5.97%
Apr 30, 2025	$32.20	$31.68	-1.61%
Feb 19, 2025	$37.60	$37.34	-0.69%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Tenaris SA (TS) report earnings?

Tenaris SA (TS) is schdueled to report earning on Feb 25, 2026, After Close (Confirmed).

What is Tenaris SA (TS) earnings time?

Tenaris SA (TS) earnings time is at Feb 25, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TS EPS forecast?

TS EPS forecast for the fiscal quarter 2025 (Q4) is 0.8.

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