Tenaris Sa (TS) Operating Expenses (2009 - 2026)

Tenaris (TS) has reported Operating Expenses for 18 consecutive years, with -$484.1 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses changed 0.1% year-over-year to -$484.1 million in Q2 2026; TTM through Jun 2026 was -$1.8 billion, a 0.12% change from a year earlier, with the FY2025 full-year figure at -$1.8 billion, up 4.01% from the prior year.
• Operating Expenses was -$484.1 million for Q2 2026 at Tenaris, down from -$466.6 million in the prior quarter.
• Over five years, Operating Expenses peaked at -$364.9 million in Q1 2022 and troughed at -$528.7 million in Q2 2023.
• A 5-year average of -$457.7 million and a median of -$455.8 million in 2022 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses sank 43.09% in 2022 and grew 10.05% in 2025, its largest moves.
• Over 5 years, Operating Expenses stood at -$454.5 million in 2022, then decreased by 3.53% to -$470.5 million in 2023, then climbed by 5.22% to -$446.0 million in 2024, then decreased by 1.53% to -$452.8 million in 2025, then declined by 6.91% to -$484.1 million in 2026.
• The last three Operating Expenses figures came in at -$484.1 million (Q2 2026), -$466.6 million (Q1 2026), and -$452.8 million (Q4 2025), per Business Quant data.