Tennant (TNC) Operating Expenses (2010 - 2026)
Tennant's (TNC) quarterly Operating Expenses came in at $108.7 million in Q1 2026, up 8.27% YoY from $100.4 million in Q1 2025, and up 3.52% on a QoQ basis from $105.0 million in Q4 2025.
Tennant (TNC) Operating Expenses (2010 - 2026) Analysis & Trends
Tennant (TNC) has 17 years of Operating Expenses data on file, last reported at $108.7 million in Q1 2026.
- Quarterly Operating Expenses rose 8.27% year-over-year to $108.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $424.3 million (down 2.71% YoY) and the FY2025 annual result came in at $416.0 million, down 4.52% from the prior year.
- Operating Expenses improved to $108.7 million in Q1 2026, from $105.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $128.4 million in Q4 2024 to a low of $79.3 million in Q3 2022.
- A 5-year average of $99.2 million and a median of $100.4 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses advanced 22.7% — and 2025, when it retreated 18.22%.
- Tracing TNC's Operating Expenses over 5 years: stood at $86.8 million in 2022, then climbed by 22.47% to $106.3 million in 2023, then rose by 20.79% to $128.4 million in 2024, then retreated by 18.22% to $105.0 million in 2025, then gained by 3.52% to $108.7 million in 2026.
- The last three Operating Expenses figures came in at $108.7 million (Q1 2026), $105.0 million (Q4 2025), and $107.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 258.21 Bn | 245.09 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Eaton | 163.72 Bn | 163.02 Bn | 2.86 Bn | 1.46 Bn |
| 3 | Parker-Hannifin | 125.91 Bn | 125.43 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Emerson Electric | 87.17 Bn | 84.99 Bn | 2.66 Bn | 1.34 Bn |
| 5 | Cummins | 81.25 Bn | 76.59 Bn | 2.47 Bn | 1.28 Bn |
| 6 | Illinois Tool Works | 80.98 Bn | 80.14 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.75 Bn | 54.26 Bn | 735.04 Mn | 1.52 Bn |
| 8 | Rockwell Automation | 48.55 Bn | 48.07 Bn | 1.14 Bn | 663.00 Mn |
| 9 | Ingersoll Rand | 31.40 Bn | 30.23 Bn | 862.60 Mn | 400.80 Mn |
| 10 | Tennant | 1.16 Bn | 1.09 Bn | 127.90 Mn | 112.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 112.00 Mn |
| Mar 31, 2026 | 108.70 Mn |
| Dec 31, 2025 | 105.00 Mn |
| Sep 30, 2025 | 107.10 Mn |
| Jun 30, 2025 | 103.50 Mn |
| Mar 31, 2025 | 100.40 Mn |
| Dec 31, 2024 | 128.40 Mn |
| Sep 30, 2024 | 103.20 Mn |
| Jun 30, 2024 | 104.10 Mn |
| Mar 31, 2024 | 100.00 Mn |
| Dec 31, 2023 | 106.30 Mn |
| Sep 30, 2023 | 97.30 Mn |
| Jun 30, 2023 | 96.00 Mn |
| Mar 31, 2023 | 89.60 Mn |
| Dec 31, 2022 | 86.80 Mn |
| Sep 30, 2022 | 79.30 Mn |
| Jun 30, 2022 | 87.00 Mn |
| Mar 31, 2022 | 84.30 Mn |
| Dec 31, 2021 | 87.50 Mn |
| Sep 30, 2021 | 85.30 Mn |