Tenaris (TS) Operating Expenses (2009 - 2026)
Tenaris (TS) posted Operating Expenses of -$484.11 million for the quarter ended Jun 30, 2026, compared with -$483.63 million a year earlier.
Tenaris (TS) Operating Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Tenaris was -$1.84 billion; for the year ended Dec 31, 2025, it was -$1.83 billion.
- In prior years, Tenaris' Operating Expenses was -$1.9 billion in the year ended Dec 31, 2024, -$1.92 billion in the year ended Dec 31, 2023, -$1.63 billion in the year ended Dec 31, 2022 and -$1.21 billion in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 stands as the lowest quarterly Operating Expenses since the quarter ended Jun 30, 2024.
- According to Business Quant data, Operating Expenses for the three prior quarters was -$466.59 million (quarter ended Mar 31, 2026), -$452.83 million (quarter ended Dec 31, 2025) and -$434.97 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 328.13 Bn | 299.83 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Amphenol | 191.28 Bn | 185.86 Bn | 3.55 Bn | 963.40 Mn |
| 3 | Deere | 172.88 Bn | 140.97 Bn | 4.66 Bn | 10.73 Bn |
| 4 | Eaton | 149.34 Bn | 146.53 Bn | 2.86 Bn | 1.46 Bn |
| 5 | Parker-Hannifin | 114.01 Bn | 112.14 Bn | 2.25 Bn | 874.00 Mn |
| 6 | Emerson Electric | 92.47 Bn | 85.20 Bn | 2.66 Bn | 1.34 Bn |
| 7 | 3M | 89.23 Bn | 70.68 Bn | 2.78 Bn | 5.03 Bn |
| 8 | Vertiv Holdings | 80.51 Bn | 71.13 Bn | 1.23 Bn | 490.50 Mn |
| 9 | Illinois Tool Works | 78.84 Bn | 75.40 Bn | 1.90 Bn | - |
| 10 | Tenaris | 63.43 Bn | 34.47 Bn | 984.66 Mn | 484.11 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 484.11 Mn |
| Mar 31, 2026 | 466.59 Mn |
| Dec 31, 2025 | 452.83 Mn |
| Sep 30, 2025 | 434.97 Mn |
| Jun 30, 2025 | 483.63 Mn |
| Mar 31, 2025 | 457.07 Mn |
| Dec 31, 2024 | 445.99 Mn |
| Sep 30, 2024 | 454.02 Mn |
| Jun 30, 2024 | 496.69 Mn |
| Mar 31, 2024 | 508.13 Mn |
| Dec 31, 2023 | 470.54 Mn |
| Sep 30, 2023 | 432.68 Mn |
| Jun 30, 2023 | 528.74 Mn |
| 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 |
Tenaris Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=TS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "TS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=TS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();