Tennant (TNC) Tax Provisions (2010 - 2026)
Tennant (TNC) posted Tax Provisions of $700000.0 for Q1 2026, up 143.75% on a QoQ basis from -$1.6 million in Q4 2025, and down 82.93% year-over-year from $4.1 million in Q1 2025.
Tennant (TNC) Tax Provisions (2010 - 2026) Analysis & Trends
Tennant's Tax Provisions history runs 17 years deep, the most recent figure standing at $700000.0 for Q1 2026.
- Quarterly Tax Provisions fell 82.93% year-over-year to $700000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.7 million (down 42.16% YoY) and the FY2025 annual result came in at $14.1 million, down 33.18% from the prior year.
- Tax Provisions was $700000.0 for Q1 2026 at Tennant, up from -$1.6 million in the prior quarter.
- Across five years, Tax Provisions topped out at $9.0 million in Q2 2024 and bottomed at -$9.0 million in Q4 2023.
- A 5-year average of $3.7 million and a median of $4.4 million in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions surged 425.0% — and 2023, when it slumped 1100.0%.
- Tennant's Tax Provisions stood at $900000.0 in 2022, then slumped by 1100.0% to -$9.0 million in 2023, then jumped by 85.56% to -$1.3 million in 2024, then slipped by 23.08% to -$1.6 million in 2025, then soared by 143.75% to $700000.0 in 2026.
- Business Quant data shows TNC's Tax Provisions at $700000.0 in Q1 2026, -$1.6 million in Q4 2025, and $4.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 276.00 Mn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 240.00 Mn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 215.00 Mn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 254.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 175.00 Mn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 199.00 Mn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 93.62 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 89.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 36.10 Mn |
| 10 | Tennant | 1.55 Bn | 1.47 Bn | 113.60 Mn | 700,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 700,000.00 |
| Dec 31, 2025 | -1.60 Mn |
| Sep 30, 2025 | 4.50 Mn |
| Jun 30, 2025 | 7.10 Mn |
| Mar 31, 2025 | 4.10 Mn |
| Dec 31, 2024 | -1.30 Mn |
| Sep 30, 2024 | 6.70 Mn |
| Jun 30, 2024 | 9.00 Mn |
| Mar 31, 2024 | 6.70 Mn |
| Dec 31, 2023 | -9.00 Mn |
| Sep 30, 2023 | 7.00 Mn |
| Jun 30, 2023 | 8.60 Mn |
| Mar 31, 2023 | 7.70 Mn |
| Dec 31, 2022 | 900,000.00 |
| Sep 30, 2022 | 4.20 Mn |
| Jun 30, 2022 | 3.70 Mn |
| Mar 31, 2022 | 4.40 Mn |
| Dec 31, 2021 | 3.70 Mn |
| Sep 30, 2021 | 800,000.00 |
| Jun 30, 2021 | -2.60 Mn |