Tennant (TNC) Research & Development (2010 - 2026)
Tennant's (TNC) quarterly Research & Development came in at $10.6 million in Q1 2026, up 9.28% YoY from $9.7 million in Q1 2025, and down 5.36% on a QoQ basis from $11.2 million in Q4 2025.
Tennant (TNC) Research & Development (2010 - 2026) Analysis & Trends
Tennant (TNC) has 17 years of Research & Development data on file, last reported at $10.6 million in 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 fell to $10.6 million in Q1 2026, from $11.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $12.0 million in Q4 2024 to a low of $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 dropped 12.5%.
- Tracing TNC's Research & Development over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.43 Bn | 243.31 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Eaton | 163.24 Bn | 162.54 Bn | 2.86 Bn | 227.00 Mn |
| 3 | Parker-Hannifin | 127.06 Bn | 126.58 Bn | 2.02 Bn | - |
| 4 | Emerson Electric | 86.88 Bn | 84.70 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.79 Bn | 77.12 Bn | 2.47 Bn | 385.00 Mn |
| 6 | Illinois Tool Works | 80.72 Bn | 79.88 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.89 Bn | 54.39 Bn | 735.04 Mn | - |
| 8 | Rockwell Automation | 48.22 Bn | 47.74 Bn | 1.14 Bn | 173.00 Mn |
| 9 | Ingersoll Rand | 31.47 Bn | 30.30 Bn | 862.60 Mn | - |
| 10 | Tennant | 1.16 Bn | 1.09 Bn | 127.90 Mn | 12.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.50 Mn |
| 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 |