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
DateValue
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