Tenaris SA (TNRSF) stock
TNRSFOTCSteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)Also trades as TS
$28.12+0.00 (0.00%)
Close on Oct 19, 2026Market cap $30.86BP/E –Yield –
Tenaris r&d expenses
Research and development expenses are spending on new products and technology.
For fiscal 2025 it was $64.20M, down 13.5% from the year before. Over ten years it grew -3.2% a year on average. The highest annual figure on record is $89.00M in fiscal 2015.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $64.20M | -13.5% |
| FY2024 | Dec 31, 2024 | $74.20M | +23.7% |
| FY2023 | Dec 31, 2023 | $60.00M | +18.3% |
| FY2022 | Dec 31, 2022 | $50.70M | +11.9% |
| FY2021 | Dec 31, 2021 | $45.30M | +8.4% |
| FY2020 | Dec 31, 2020 | $41.80M | -31.6% |
| FY2019 | Dec 31, 2019 | $61.10M | -3.6% |
| FY2018 | Dec 31, 2018 | $63.40M | -0.5% |
| FY2017 | Dec 31, 2017 | $63.70M | -7.1% |
| FY2016 | Dec 31, 2016 | $68.60M | -22.9% |
| FY2015 | Dec 31, 2015 | $89.00M | – |
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