Tenaris SA annual operating expenses
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Tenaris SA Operating Expenses Growth & History (TS)
Tenaris SA's operating expenses was $1.84B for fiscal 2025.
View full Tenaris SA company overviewTenaris SA annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.84B | −$132.4M | −6.72% |
| 2024 | 2024-12-31 | $1.97B | $86.1M | +4.57% |
| 2023 | 2023-12-31 | $1.88B | $172.0M | +10.05% |
| 2022 | 2022-12-31 | $1.71B | $509.4M | +42.38% |
| 2021 | 2021-12-31 | $1.20B | −$520.4M | −30.21% |
| 2020 | 2020-12-31 | $1.72B | $368.3M | +27.20% |
| 2019 | 2019-12-31 | $1.35B | −$153.3M | −10.17% |
| 2018 | 2018-12-31 | $1.51B | $238.6M | +18.81% |
| 2017 | 2017-12-31 | $1.27B | $81.9M | +6.90% |
| 2016 | 2016-12-31 | $1.19B | −$802.6M | −40.34% |
| 2015 | 2015-12-31 | $1.99B | — | — |
Tenaris SA quarterly operating expenses
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $490.7M | $1.4M | +0.28% |
| Q1 2026 | 2026-03-31 | $463.1M | — | — |
| Q4 2025 | 2025-12-31 | $450.8M | — | — |
| Q3 2025 | 2025-09-30 | $435.4M | — | — |
| Q2 2025 | 2025-06-30 | $489.3M | — | — |
Tenaris SA operating expenses trends
Over the last five fiscal years, Tenaris SA's operating expenses increased from $1.72B to $1.84B, a change of $114.7M. The latest reported quarter, Q2 2026, shows $490.7M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Tenaris SA source filings ↗