Tennant (TNC) Research & Development (2010 - 2026)
Tennant (TNC) posted Research & Development of $10.6 million for Q1 2026, down 5.36% on a QoQ basis from $11.2 million in Q4 2025, and up 9.28% year-over-year from $9.7 million in Q1 2025.
Tennant (TNC) Research & Development (2010 - 2026) Analysis & Trends
Tennant's Research & Development history runs 17 years deep, the most recent figure standing at $10.6 million for Q1 2026.
- Quarterly Research & Development rose 9.28% year-over-year to $10.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $42.1 million (down 3.0% YoY) and the FY2025 annual result came in at $41.2 million, down 5.94% from the prior year.
- Research & Development was $10.6 million for Q1 2026 at Tennant, down from $11.2 million in the prior quarter.
- Across five years, Research & Development topped out at $12.0 million in Q4 2024 and bottomed at $7.6 million in Q4 2022.
- A 5-year average of $9.6 million and a median of $9.8 million in 2025 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development surged 39.47% — and 2025, when it retreated 12.5%.
- Tennant's Research & Development stood at $7.6 million in 2022, then surged by 39.47% to $10.6 million in 2023, then climbed by 13.21% to $12.0 million in 2024, then declined by 6.67% to $11.2 million in 2025, then retreated by 5.36% to $10.6 million in 2026.
- Business Quant data shows TNC's Research & Development at $10.6 million in Q1 2026, $11.2 million in Q4 2025, and $10.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 211.00 Mn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | - |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 358.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 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 | - |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 180.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | - |
| 10 | Tennant | 1.55 Bn | 1.47 Bn | 113.60 Mn | 10.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.60 Mn |
| Dec 31, 2025 | 11.20 Mn |
| Sep 30, 2025 | 10.50 Mn |
| Jun 30, 2025 | 9.80 Mn |
| Mar 31, 2025 | 9.70 Mn |
| Dec 31, 2024 | 12.00 Mn |
| Sep 30, 2024 | 10.50 Mn |
| Jun 30, 2024 | 11.20 Mn |
| Mar 31, 2024 | 10.10 Mn |
| Dec 31, 2023 | 10.60 Mn |
| Sep 30, 2023 | 9.10 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Mar 31, 2023 | 7.90 Mn |
| Dec 31, 2022 | 7.60 Mn |
| Sep 30, 2022 | 7.90 Mn |
| Jun 30, 2022 | 7.90 Mn |
| Mar 31, 2022 | 7.70 Mn |
| Dec 31, 2021 | 8.10 Mn |
| Sep 30, 2021 | 8.40 Mn |
| Jun 30, 2021 | 8.30 Mn |