Ternium (TX) Operating Expenses (2009 - 2026)
Ternium's (TX) quarterly Operating Expenses came in at -$46.4 million in Q2 2026, down 468.56% on a YoY basis from $12.6 million in Q2 2025, and down 11.54% quarter-over-quarter from -$41.6 million in Q1 2026.
Analysis
Ternium (TX) Operating Expenses (2009 - 2026) Analysis & Trends
Ternium (TX) has reported Operating Expenses for 18 consecutive years, with -$46.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 468.56% year-over-year to -$46.4 million; the trailing twelve-month figure through Jun 2026 stood at -$162.8 million (down 88.89% YoY), and the FY2025 full-year result was -$127.1 million, down 15.03% from the prior year.
- Operating Expenses retreated to -$46.4 million in Q2 2026 per TX's latest filing, from -$41.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $12.9 million in Q4 2022 and bottomed at -$1.0 billion in Q3 2023.
- Historically, Operating Expenses has averaged -$175.5 million across 5 years, with a median of -$42.3 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 105.0% in 2022, then sank 1585.07% in 2025.
- Over 5 years, Operating Expenses stood at $12.9 million in 2022, then sank by 360.0% to -$33.6 million in 2023, then soared by 94.35% to -$1.9 million in 2024, then tumbled by 1585.07% to -$31.9 million in 2025, then sank by 45.18% to -$46.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$46.4 million, -$41.6 million, and -$31.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 114.02 Bn | 104.12 Bn | 941.02 Mn | -46.36 Mn |
| 2 | Nucor | 58.75 Bn | 56.06 Bn | 2.03 Bn | 405.00 Mn |
| 3 | Steel Dynamics | 34.64 Bn | 34.06 Bn | 958.97 Mn | 193.45 Mn |
| 4 | Gerdau | 10.07 Bn | 9.00 Bn | 558.98 Mn | -64.82 Mn |
| 5 | Commercial Metals | 7.63 Bn | 7.07 Bn | 455.14 Mn | 2.29 Bn |
| 6 | Cleveland-Cliffs | 6.92 Bn | 6.85 Bn | 132.00 Mn | 5.28 Bn |
| 7 | Posco Holdings | 4.73 Bn | -4.95 Bn | 1.11 Bn | -78.82 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.76 Bn | -1.07 Bn | 579.08 Mn | -503.33 Mn |
| 10 | SunCoke Energy | 874.57 Mn | 831.87 Mn | 100.40 Mn | 446.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -46.36 Mn |
| Mar 31, 2026 | -41.56 Mn |
| Dec 31, 2025 | -31.93 Mn |
| Sep 30, 2025 | -42.99 Mn |
| Jun 30, 2025 | -8.15 Mn |
| Mar 31, 2025 | -43.68 Mn |
| Dec 31, 2024 | -1.90 Mn |
| Sep 30, 2024 | -32.48 Mn |
| Jun 30, 2024 | -7.18 Mn |
| Mar 31, 2024 | -68.97 Mn |
| Dec 31, 2023 | -33.56 Mn |
| Sep 30, 2023 | -1.04 Bn |
| Jun 30, 2023 | -304.00 Mn |
| Mar 31, 2023 | -9.06 Mn |
| Dec 31, 2022 | 12.91 Mn |
| Sep 30, 2022 | -869.00 Mn |
| Jun 30, 2022 | -310.44 Mn |
| Mar 31, 2022 | -281.30 Mn |
| Dec 31, 2021 | -258.00 Mn |
| Sep 30, 2021 | -237.36 Mn |