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
DateValue
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