Tennant (TNC) Research & Development (2010 - 2026)

Tennant (TNC) reported Research & Development of $10.6 million for Q1 2026, up 9.28% on a YoY basis from $9.7 million in Q1 2025, and down 5.36% quarter-over-quarter from $11.2 million in Q4 2025.

Tennant (TNC) Research & Development (2010 - 2026) Analysis & Trends

Tennant has reported Research & Development for 17 years, with the latest figure at $10.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 9.28% year-over-year to $10.6 million; the trailing twelve-month figure through Mar 2026 stood at $42.1 million (down 3.0% YoY), and the FY2025 full-year result was $41.2 million, down 5.94% from the prior year.
  • Research & Development for Q1 2026 stood at $10.6 million, down from $11.2 million in the prior quarter.
  • The five-year high for Research & Development was $12.0 million in Q4 2024, with the low at $7.6 million in Q4 2022.
  • Historically, Research & Development has averaged $9.6 million across 5 years, with a median of $9.8 million in 2025.
  • Annual changes were most pronounced in 2023 — Research & Development surged 39.47% — and 2025, when it dropped 12.5%.
  • Tennant's Research & Development stood at $7.6 million in 2022, then soared by 39.47% to $10.6 million in 2023, then gained by 13.21% to $12.0 million in 2024, then slipped by 6.67% to $11.2 million in 2025, then declined by 5.36% to $10.6 million in 2026.
  • The last three Research & Development figures came in at $10.6 million (Q1 2026), $11.2 million (Q4 2025), and $10.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 304.00 Mn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 211.00 Mn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn -
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 358.00 Mn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 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 -
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 180.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn -
10 Tennant 1.48 Bn 1.39 Bn 113.60 Mn 10.60 Mn

Historic Data

Download Data
DateValue
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