Tenaris (TNRSF) Cost of Revenue (2009 - 2026)
Tenaris' (TNRSF) quarterly Cost of Revenue came in at $2.0 billion in Q2 2026, down 1.57% year-over-year from $2.0 billion in Q2 2025, and down 3.33% quarter-over-quarter from $2.1 billion in Q1 2026.
Analysis
Tenaris (TNRSF) Cost of Revenue (2009 - 2026) Analysis & Trends
Tenaris (TNRSF) has reported Cost of Revenue for 18 consecutive years, with $2.0 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 1.57% year-over-year to $2.0 billion in Q2 2026; TTM through Jun 2026 was $8.0 billion, a 2.13% increase from a year earlier, with the FY2025 full-year figure at $7.9 billion, down 3.38% from the prior year.
- Cost of Revenue was $2.0 billion for Q2 2026 at Tenaris, down from $2.1 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $2.3 billion in Q1 2023 and troughed at $1.5 billion in Q1 2022.
- A 5-year average of $2.0 billion and a median of $2.0 billion in 2025 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue soared 72.36% in 2022 and declined 9.99% in 2025, its largest moves.
- Over 5 years, Cost of Revenue stood at $2.1 billion in 2022, then gained by 2.74% to $2.1 billion in 2023, then declined by 9.35% to $1.9 billion in 2024, then climbed by 3.01% to $2.0 billion in 2025, then gained by 0.09% to $2.0 billion in 2026.
- The last three Cost of Revenue figures came in at $2.0 billion (Q2 2026), $2.1 billion (Q1 2026), and $2.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 30.37 Bn | 21.60 Bn | 984.66 Mn | 1.98 Bn |
| 2 | Mueller Industries | 13.82 Bn | 12.41 Bn | 395.35 Mn | 1.03 Bn |
| 3 | Arcosa | 7.15 Bn | 6.71 Bn | 155.70 Mn | 503.00 Mn |
| 4 | Azz | 4.15 Bn | 4.15 Bn | 112.17 Mn | 336.36 Mn |
| 5 | Constellium Se | 3.66 Bn | 3.50 Bn | 480.00 Mn | 2.27 Bn |
| 6 | Lci Industries | 2.34 Bn | 2.12 Bn | 301.14 Mn | 667.53 Mn |
| 7 | Worthington Steel | 1.71 Bn | 1.62 Bn | 118.80 Mn | 810.40 Mn |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 796.50 Mn |
| 9 | Park Ohio Holdings | 644.47 Mn | 596.17 Mn | 78.90 Mn | 361.20 Mn |
| 10 | Insteel Industries | 593.29 Mn | 570.34 Mn | 20.10 Mn | 177.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.98 Bn |
| Mar 31, 2026 | 2.05 Bn |
| Dec 31, 2025 | 1.98 Bn |
| Sep 30, 2025 | 1.95 Bn |
| Jun 30, 2025 | 2.01 Bn |
| Mar 31, 2025 | 1.92 Bn |
| Dec 31, 2024 | 1.92 Bn |
| Sep 30, 2024 | 1.94 Bn |
| Jun 30, 2024 | 2.14 Bn |
| Mar 31, 2024 | 2.13 Bn |
| Dec 31, 2023 | 2.12 Bn |
| Sep 30, 2023 | 1.97 Bn |
| Jun 30, 2023 | 2.27 Bn |
| Mar 31, 2023 | 2.31 Bn |
| Dec 31, 2022 | 2.06 Bn |
| Sep 30, 2022 | 1.77 Bn |
| Jun 30, 2022 | 1.74 Bn |
| Mar 31, 2022 | 1.52 Bn |
| Dec 31, 2021 | 1.40 Bn |
| Sep 30, 2021 | 1.21 Bn |