Tenaris TS
NYSE TS
$52.66 -0.02 (-0.04%)
At close: Aug 21, 2026 · 4:00 PM EDT

Tenaris (TS) Cost of Revenue (2009 - 2026)

Tenaris (TS) posted quarterly Cost of Revenue of $2.1 billion for Q1 2026, up 6.74% year-over-year from $1.9 billion in Q1 2025, and up 3.55% quarter-over-quarter from $2.0 billion in Q4 2025.

Tenaris (TS) Cost of Revenue (2009 - 2026) Analysis & Trends

Tenaris (TS) has reported Cost of Revenue for 18 consecutive years, with $2.1 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Cost of Revenue rose 6.74% year-over-year to $2.1 billion; the TTM figure through Mar 2026 stood at $8.0 billion (up 0.86% YoY), while the FY2025 annual figure was $7.9 billion, down 3.38% from the prior year.
  • Cost of Revenue climbed to $2.1 billion in Q1 2026 per TS's latest filing, from $2.0 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2.3 billion in Q1 2023 and bottomed at $2.3 million in Q2 2023.
  • Historically, Cost of Revenue has averaged $1.9 billion across 5 years, with a median of $2.0 billion in 2023.
  • Annual changes were most pronounced in 2023 — Cost of Revenue sank 99.87% — and 2024, when it jumped 94450.46%.
  • Tenaris' Cost of Revenue stood at $2.1 billion in 2022, then climbed by 2.74% to $2.1 billion in 2023, then retreated by 9.35% to $1.9 billion in 2024, then increased by 3.01% to $2.0 billion in 2025, then climbed by 3.55% to $2.1 billion in 2026.
  • Business Quant data shows TS's Cost of Revenue at $2.1 billion in Q1 2026, $2.0 billion in Q4 2025, and $1.9 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Slb 80.33 Bn 76.25 Bn 4.63 Bn 4.34 Bn
2 Baker Hughes 61.93 Bn 46.20 Bn 1.58 Bn 5.16 Bn
3 Tenaris 53.10 Bn 44.08 Bn 984.66 1,981.97
4 TechnipFMC 30.78 Bn 29.54 Bn 1.40 Bn 1.36 Bn
5 Halliburton 29.58 Bn 27.53 Bn 2.10 Bn 3.61 Bn
6 Nov 7.35 Bn 6.19 Bn 521.00 Mn 1.61 Bn
7 Weatherford International 6.52 Bn 5.39 Bn 662.00 Mn 443.00 Mn
8 Kodiak Gas Services 5.83 Bn 5.69 Bn 246.76 Mn 144.36 Mn
9 Archrock 5.52 Bn 5.52 Bn 244.51 Mn 126.73 Mn
10 Oceaneering International 5.28 Bn 4.65 Bn 156.98 Mn 611.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.05 Bn
Mar 31, 2026 2.05 Bn
Dec 31, 2025 1.98 Bn
Dec 31, 2025 1.98 Bn
Sep 30, 2025 1.95 Bn
Sep 30, 2025 1.95 Bn
Jun 30, 2025 2.01 Bn
Jun 30, 2025 2.01 Bn
Mar 31, 2025 1.92 Bn
Mar 31, 2025 1.92 Bn
Dec 31, 2024 1.92 Bn
Dec 31, 2024 1.92 Bn
Sep 30, 2024 1.94 Bn
Sep 30, 2024 1.94 Bn
Jun 30, 2024 2.14 Bn
Jun 30, 2024 2.14 Bn
Mar 31, 2024 2.13 Bn
Mar 31, 2024 2.13 Bn
Dec 31, 2023 2.12 Bn
Dec 31, 2023 2.12 Bn