Markets

Tenaris Q2 Earnings Decline

August 05, 2026 — 06:28 pm EDT

Written by RTTNews.com for RTTNews

(RTTNews) - Tenaris SA (TS) on Wednesday reported lower second-quarter earnings as revenue declined from a year earlier, while first-half revenue edged higher despite a slight drop in profit.

For the second quarter, revenue declined 3.9 percent to $2.97 billion from $3.09 billion a year earlier. Net income attributable to shareholders decreased to $477.14 million from $531.32 million. Operating income fell to $494.00 million from $582.73 million.

For the first half of 2026, revenue increased 1.0 percent to $6.07 billion from $6.01 billion in the prior-year period. Net income attributable to shareholders slipped to $1.02 billion from $1.04 billion.

Operating income declined to $1.08 billion from $1.13 billion, while income before income tax was $1.24 billion, compared with $1.25 billion a year earlier.

TS is currently trading after hours at $54.77, down $2.28 or 4.00 percent on the New York Stock Exchange.

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Tenaris Q2 Earnings Decline

Tags

Latest Articles