Cost of revenue · 2015–2025

Tenaris cost of revenue

$7.9B−3.4% · FY2025

Tenaris (TS) reported $7.9B in cost of revenue for fiscal 2025, −3.4% year on year.

$4.7B2015$3.2B2016$3.7B2017$5.3B2018$5.1B2019$4.1B2020$4.6B2021$7.1B2022$8.7B2023$8.1B2024$7.9B2025
Tenaris — Cost of revenue, 2015–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-12-31$7.9B−3.4%Open →
FY20242024-12-31$8.1B−6.2%Open →
FY20232023-12-31$8.7B+22.3%Open →
FY20222022-12-31$7.1B+53.7%Open →
FY20212021-12-31$4.6B+12.8%Open →
FY20202020-12-31$4.1B−20.0%Open →
FY20192019-12-31$5.1B−3.3%Open →
FY20182018-12-31$5.3B+43.3%Open →
FY20172017-12-31$3.7B+16.4%Open →
FY20162016-12-31$3.2B−33.3%Open →
FY20152015-12-31$4.7B—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2015–2025 compound annual growth +5.2%

Figures are reported under IFRS, in US dollars.

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Tenaris cost of revenue |url=https://companiesranked.com/en/company/tenaris/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Tenaris cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/tenaris/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-tenaris-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Tenaris cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/tenaris/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001554855-26-000490 · March 31, 2026

{{cite web |title=Tenaris cost of revenue — 20-F (0001554855-26-000490) |url=https://www.sec.gov/Archives/edgar/data/1190723/000155485526000490/ts-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-31}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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