Tenaris Beats Estimates

For the quarter ended 31 March 2026, Tenaris reported net sales of $3.10 billion, a 6 % year‑over‑year increase and 4 % sequential rise, beating the Zacks consensus estimate of $2.99 billion by $110 million. Operating income grew 5 % sequentially and 6 % year‑over‑year, while net income surged 22 % compared with the prior quarter and 9 % year‑over‑year. EBITDA margin remained steady at 23.7 %. Free cash flow for the quarter was $503 million, and net cash stood at $3.8 billion as of 31 March 2026. Tenaris will hold a conference call on 7 May 2026 to discuss the results.