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
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 2,013.64
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