Tenaris TNRSF
NYSE TNRSF
$28.33 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Tenaris (TNRSF) Operating Expenses (2009 - 2026)

Tenaris' (TNRSF) quarterly Operating Expenses came in at -$484.1 million in Q2 2026, little changed year-over-year from -$484.6 million in Q2 2025, and down 3.75% quarter-over-quarter from -$466.6 million in Q1 2026.

Analysis

Tenaris (TNRSF) Operating Expenses (2009 - 2026) Analysis & Trends

Tenaris (TNRSF) has reported Operating Expenses for 18 consecutive years, with -$484.1 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses changed 0.1% year-over-year to -$484.1 million in Q2 2026; TTM through Jun 2026 was -$1.8 billion, a 0.12% change from a year earlier, with the FY2025 full-year figure at -$1.8 billion, up 4.01% from the prior year.
  • Operating Expenses was -$484.1 million for Q2 2026 at Tenaris, down from -$466.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$364.9 million in Q1 2022 and troughed at -$528.7 million in Q2 2023.
  • A 5-year average of -$457.7 million and a median of -$455.8 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses sank 43.09% in 2022 and grew 10.05% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at -$454.5 million in 2022, then decreased by 3.53% to -$470.5 million in 2023, then climbed by 5.22% to -$446.0 million in 2024, then decreased by 1.53% to -$452.8 million in 2025, then declined by 6.91% to -$484.1 million in 2026.
  • The last three Operating Expenses figures came in at -$484.1 million (Q2 2026), -$466.6 million (Q1 2026), and -$452.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tenaris 30.37 Bn 21.60 Bn 984.66 Mn -484.11 Mn
2 Mueller Industries 13.82 Bn 12.41 Bn 395.35 Mn 85.19 Mn
3 Arcosa 7.15 Bn 6.71 Bn 155.70 Mn 89.10 Mn
4 Azz 4.15 Bn 4.15 Bn 112.17 Mn 35.14 Mn
5 Constellium Se 3.66 Bn 3.50 Bn 480.00 Mn 115.00 Mn
6 Lci Industries 2.34 Bn 2.12 Bn 301.14 Mn 143.84 Mn
7 Worthington Steel 1.71 Bn 1.62 Bn 118.80 Mn 81.10 Mn
8 Leggett & Platt 1.26 Bn 711.32 Mn 203.20 Mn 129.90 Mn
9 Park Ohio Holdings 644.47 Mn 596.17 Mn 78.90 Mn 54.40 Mn
10 Insteel Industries 593.29 Mn 570.34 Mn 20.10 Mn 8.52 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -484.11 Mn
Mar 31, 2026 -466.59 Mn
Dec 31, 2025 -452.83 Mn
Sep 30, 2025 -434.97 Mn
Jun 30, 2025 -483.63 Mn
Mar 31, 2025 -457.07 Mn
Dec 31, 2024 -445.99 Mn
Sep 30, 2024 -454.02 Mn
Jun 30, 2024 -496.69 Mn
Mar 31, 2024 -508.13 Mn
Dec 31, 2023 -470.54 Mn
Sep 30, 2023 -432.68 Mn
Jun 30, 2023 -528.74 Mn
Mar 31, 2023 -487.35 Mn
Dec 31, 2022 -454.48 Mn
Sep 30, 2022 -403.44 Mn
Jun 30, 2022 -411.74 Mn
Mar 31, 2022 -364.92 Mn
Dec 31, 2021 -338.05 Mn
Sep 30, 2021 -316.71 Mn