Tennant (TNC) Operating Leases (2019 - 2026)

Tennant has reported Operating Leases for 8 years, with the latest figure at $33.8 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 4.52% year-over-year to $33.8 million; the trailing twelve-month figure through Mar 2026 stood at $33.8 million (down 4.52% YoY), and the FY2025 full-year result was $35.5 million, down 36.61% from the prior year.
• Operating Leases for Q1 2026 stood at $33.8 million, down from $35.5 million in the prior quarter.
• The five-year high for Operating Leases was $56.0 million in Q4 2024, with the low at $17.3 million in Q3 2022.
• Historically, Operating Leases has averaged $29.2 million across 5 years, with a median of $29.7 million in 2024.
• Annual changes were most pronounced in 2024 — Operating Leases jumped 104.38% — and 2025, when it sank 36.61%.
• Tennant's Operating Leases stood at $32.2 million in 2022, then dropped by 14.91% to $27.4 million in 2023, then jumped by 104.38% to $56.0 million in 2024, then tumbled by 36.61% to $35.5 million in 2025, then slipped by 4.79% to $33.8 million in 2026.
• The last three Operating Leases figures came in at $33.8 million (Q1 2026), $35.5 million (Q4 2025), and $34.3 million (Q3 2025), per Business Quant data.