We report the discovery of TOI-1268b, a transiting Saturn-mass planet from the TESS space mission. With an age below one Gyr, derived from various age indicators, TOI-1268b is the youngest Saturn-mass planet known to date and contributes to the small sample of well characterised young planets. It has a slightly eccentric orbit (e = 0.092 ± 0.035), an orbital period of P = 8.1577080 ± 0.0000044 days, and transits an early K dwarf star with a mass of M = 0.96 ± 0.04 M , a radius of R = 0.92 ± 0.06 R , an effective temperature of T eff = 5300 ± 100 K, and a metallicity of 0.36 ± 0.06 dex. By combining TESS photometry with high-resolution spectra acquired with the Tull spectrograph at McDonald observatory, and the high-resolution spectrographs at Tautenburg and Ondrejov observatories, we measured a planetary mass of M p = 96.4 ± 8.3 M ⊕ and a radius of R p = 9.1 ± 0.6 R ⊕ . TOI-1268 is an ideal system to study the role of star-planet tidal interactions for non-inflated Saturn-mass planets. We used system parameters derived in this paper to constrain the planet tidal quality factor to the range of 10 4.5−4.9 . When compared with the sample of other non-inflated Saturn-mass planets, TOI-1268b is one of the best candidates for transmission spectroscopy studies.