Tenaris (TS) Gross Margin (2009 - 2026)

Tenaris (TS) has 18 years of Gross Margin data on file, last reported at 33.87% in Q1 2026.

• Gross Margin for Q1 2026 came in at 33.87%, down 40.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 34.29% (up 28.0% YoY), and the FY2025 annual result was 34.39%, down 65.0% from the prior year.
• Gross Margin held at 33.87% in Q1 2026 per TS's latest filing, from 33.89% in the prior quarter.
• Over five years, Gross Margin peaked at 38033.99% in Q2 2022 and troughed at 0.0% in Q2 2023.
• A 5-year average of 2269.73% and a median of 35.47% in 2024 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2022 and 2023: Gross Margin surged 3803396 bps in 2022, then tumbled 3803399 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 42.99% in 2022, then decreased by 12 bps to 37.9% in 2023, then fell by 14 bps to 32.44% in 2024, then advanced by 4 bps to 33.89% in 2025, then declined by 0 bps to 33.87% in 2026.
• Business Quant data shows TS's Gross Margin at 33.87% in Q1 2026, 33.89% in Q4 2025, and 34.65% in Q3 2025.