Tennant (TNC) Operating Expenses (2010 - 2026)

Tennant (TNC) posted Operating Expenses of $108.7 million for Q1 2026, up 3.52% on a QoQ basis from $105.0 million in Q4 2025, and up 8.27% year-over-year from $100.4 million in Q1 2025.

Tennant (TNC) Operating Expenses (2010 - 2026) Analysis & Trends

Tennant's Operating Expenses history runs 17 years deep, the most recent figure standing at $108.7 million for 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 was $108.7 million for Q1 2026 at Tennant, up from $105.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $128.4 million in Q4 2024 and bottomed at $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 increased 22.7% — and 2025, when it dropped 18.22%.
  • Tennant's Operating Expenses stood at $86.8 million in 2022, then increased by 22.47% to $106.3 million in 2023, then advanced by 20.79% to $128.4 million in 2024, then slipped by 18.22% to $105.0 million in 2025, then climbed by 3.52% to $108.7 million in 2026.
  • Business Quant data shows TNC's Operating Expenses at $108.7 million in Q1 2026, $105.0 million in Q4 2025, and $107.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 1.71 Bn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 1.48 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 884.00 Mn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 1.20 Bn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 1.32 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn -
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 1.41 Bn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 658.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 370.70 Mn
10 Tennant 1.55 Bn 1.47 Bn 113.60 Mn 108.70 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 94.50 Mn