Tennant (TNC) Gross Margin (2010 - 2026)

Tennant has reported Gross Margin for 17 years, with the latest figure at 38.13% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 325.0% year-over-year to 38.13%; the trailing twelve-month figure through Mar 2026 stood at 39.45% (down 262.0% YoY), and the FY2025 full-year result was 40.24%, down 250.0% from the prior year.
• Gross Margin for Q1 2026 stood at 38.13%, up from 34.57% in the prior quarter.
• The five-year high for Gross Margin was 44.21% in Q1 2024, with the low at 34.57% in Q4 2025.
• Historically, Gross Margin has averaged 40.8% across 5 years, with a median of 41.38% in 2025.
• Annual changes were most pronounced in 2023 — Gross Margin surged 550 bps — and 2025, when it plunged 678 bps.
• Tennant's Gross Margin stood at 39.59% in 2022, then climbed by 6 bps to 42.0% in 2023, then dropped by 2 bps to 41.35% in 2024, then declined by 16 bps to 34.57% in 2025, then grew by 10 bps to 38.13% in 2026.
• The last three Gross Margin figures came in at 38.13% (Q1 2026), 34.57% (Q4 2025), and 42.66% (Q3 2025), per Business Quant data.