Tennant (TNC) Operating Leases (2019 - 2026)

Tennant's Operating Leases history runs 8 years deep, the most recent figure standing at $33.8 million for Q1 2026.

• Quarterly Operating Leases fell 4.52% year-over-year to $33.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $33.8 million (down 4.52% YoY) and the FY2025 annual result came in at $35.5 million, down 36.61% from the prior year.
• Operating Leases was $33.8 million for Q1 2026 at Tennant, down from $35.5 million in the prior quarter.
• Across five years, Operating Leases topped out at $56.0 million in Q4 2024 and bottomed at $17.3 million in Q3 2022.
• A 5-year average of $29.2 million and a median of $29.7 million in 2024 frame the typical range for Operating Leases.
• Annual changes were most pronounced in 2024 — Operating Leases jumped 104.38% — and 2025, when it plunged 36.61%.
• Tennant's Operating Leases stood at $32.2 million in 2022, then fell by 14.91% to $27.4 million in 2023, then soared by 104.38% to $56.0 million in 2024, then sank by 36.61% to $35.5 million in 2025, then declined by 4.79% to $33.8 million in 2026.
• Business Quant data shows TNC's Operating Leases at $33.8 million in Q1 2026, $35.5 million in Q4 2025, and $34.3 million in Q3 2025.