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| Date | Value |
|---|---|
| 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 |