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

Tenaris (TS) reported 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 18 years of Cost of Revenue data on file, last reported at $2.1 billion in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $2.1 billion, up 6.74% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.0 billion (up 38.27% YoY), and the FY2025 annual result was $7.9 billion, down 3.38% from the prior year.
  • Cost of Revenue rose to $2.1 billion in Q1 2026 per TS's latest filing, from $2.0 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $2.3 billion in Q1 2023 and troughed at $2143.6 in Q2 2024.
  • A 5-year average of $1.9 billion and a median of $2.0 billion in 2023 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue sank 100.0% in 2024, then surged 93936541.58% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $2.1 billion in 2022, then advanced by 2.74% to $2.1 billion in 2023, then fell by 9.35% to $1.9 billion in 2024, then grew by 3.01% to $2.0 billion in 2025, then advanced 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 82.25 Bn 80.04 Bn 4.67 Bn 4.05 Bn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 5.07 Bn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 3.37 Bn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 1.01 Bn
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 1.67 Bn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 276.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 126.34 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 122.88 Mn
10 Tenaris 33,177.60 -11.86 Bn 1.05 Bn 2.05 Bn

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 2,143.61
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