Tenaris (TS) Operating Expenses (2009 - 2026)
Tenaris' (TS) quarterly Operating Expenses came in at -$466.6 million in Q1 2026, down 2.08% year-on-year from -$476.5 million in Q1 2025, and down 3.04% on a QoQ basis from -$452.8 million in Q4 2025.
Tenaris (TS) Operating Expenses (2009 - 2026) Analysis & Trends
Tenaris (TS) has 18 years of Operating Expenses data on file, last reported at -$466.6 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 2.08% year-over-year to -$466.6 million in Q1 2026; TTM through Mar 2026 was -$483634.4 billion, a 2.63% increase from a year earlier, with the FY2025 full-year figure at $1.8 billion, down 4.01% from the prior year.
- Operating Expenses for Q1 2026 stood at -$466.6 million, down from -$452.8 million in the prior quarter.
- Over the last five years, Operating Expenses for TS reached as high as -$364.9 million in Q1 2022 and fell as low as -$496688.0 billion in Q2 2024.
- Historically, Operating Expenses has averaged -$57697.4 billion across 5 years, with a median of -$454.5 million in 2022.
- Across the five-year window, Operating Expenses soared 99.86% in 2022 and sank 128315.02% in 2023, its largest moves.
- Year by year, Operating Expenses stood at -$454.5 million in 2022, then fell by 3.53% to -$470.5 million in 2023, then gained by 5.22% to -$446.0 million in 2024, then fell by 1.53% to -$452.8 million in 2025, then decreased by 3.04% to -$466.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were -$466.6 million in Q1 2026, -$452.8 million in Q4 2025, and -$435.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 261.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -466.59 Mn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 2.14 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 4.72 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 9.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 998.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 45.37 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 69.48 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 238.95 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 267.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -466.59 Mn |
| Dec 31, 2025 | -452.83 Mn |
| Sep 30, 2025 | -434.97 Mn |
| Jun 30, 2025 | -483,633.00 Bn |
| Mar 31, 2025 | -457.07 Mn |
| Dec 31, 2024 | -445.99 Mn |
| Sep 30, 2024 | -454.02 Mn |
| Jun 30, 2024 | -496,688.00 Bn |
| Mar 31, 2024 | -508.13 Mn |
| Dec 31, 2023 | -470.54 Mn |
| Sep 30, 2023 | -432.68 Mn |
| Jun 30, 2023 | -528.74 Bn |
| Mar 31, 2023 | -487.35 Mn |
| Dec 31, 2022 | -454.48 Mn |
| Sep 30, 2022 | -403.44 Mn |
| Jun 30, 2022 | -411.74 Mn |
| Mar 31, 2022 | -364.92 Mn |
| Dec 31, 2021 | -338.05 Mn |
| Sep 30, 2021 | -316.71 Mn |
| Jun 30, 2021 | -296.79 Bn |