Tenaris (TS) Cost of Revenue (2009 - 2026)
Tenaris' (TS) quarterly Cost of Revenue came in at $2.1 billion in Q1 2026, up 6.74% year-on-year from $1.9 billion in Q1 2025, and up 3.55% on a QoQ basis from $2.0 billion in Q4 2025.
Tenaris (TS) Cost of Revenue (2009 - 2026) Analysis & Trends
Tenaris (TS) has 18 years of Cost of Revenue data on file, last reported at $2.1 billion in Q1 2026.
- On a quarterly basis, Cost of Revenue rose 6.74% year-over-year to $2.1 billion in Q1 2026; TTM through Mar 2026 was $6.0 billion, a 3.42% 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 for Q1 2026 stood at $2.1 billion, up from $2.0 billion in the prior quarter.
- Over the last five years, Cost of Revenue for TS reached as high as $2.3 billion in Q1 2023 and fell as low as $2013.6 in Q2 2025.
- Historically, Cost of Revenue has averaged $1.7 billion across 5 years, with a median of $1.9 billion in 2025.
- Across the five-year window, Cost of Revenue surged 72.36% in 2022 and tumbled 100.0% in 2024, its largest moves.
- Year by year, Cost of Revenue stood at $2.1 billion in 2022, then increased by 2.74% to $2.1 billion in 2023, then slipped by 9.35% to $1.9 billion in 2024, then gained by 3.01% to $2.0 billion in 2025, then increased by 3.55% to $2.1 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $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 | 78.08 Bn | 74.69 Bn | 5.38 Bn | 3.34 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 2.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 855.20 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 3.37 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 1.67 Bn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 329.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 126.34 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 565.16 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 122.88 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 166.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 2,013.64 |
| Jun 30, 2025 | 2,013.64 |
| 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 | 2,143.61 |
| Jun 30, 2024 | 2,143.61 |
| Mar 31, 2024 | 2.13 Bn |
| Mar 31, 2024 | 2.13 Bn |
| Dec 31, 2023 | 2.12 Bn |
| Dec 31, 2023 | 2.12 Bn |