Tennant (TNC) Operating Expenses (2010 - 2026)

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

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

Tennant has reported Operating Expenses for 17 years, with the latest figure at $108.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 8.27% year-over-year to $108.7 million; the trailing twelve-month figure through Mar 2026 stood at $424.3 million (down 2.71% YoY), and the FY2025 full-year result was $416.0 million, down 4.52% from the prior year.
  • Operating Expenses for Q1 2026 stood at $108.7 million, up from $105.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $128.4 million in Q4 2024, with the low at $79.3 million in Q3 2022.
  • Historically, Operating Expenses has averaged $99.2 million across 5 years, with a median of $100.4 million in 2025.
  • Annual changes were most pronounced in 2023 — Operating Expenses advanced 22.7% — and 2025, when it retreated 18.22%.
  • Tennant's Operating Expenses 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 1.60 Bn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 1.48 Bn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 884.00 Mn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 1.20 Bn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 1.32 Bn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn -
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 1.41 Bn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 658.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 492.23 Mn
10 Tennant 1.48 Bn 1.39 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