Tennant (TNC) Tax Provisions (2010 - 2026)

Tennant (TNC) reported Tax Provisions of $700000.0 for Q1 2026, down 82.93% on a YoY basis from $4.1 million in Q1 2025, and up 143.75% quarter-over-quarter from -$1.6 million in Q4 2025.

Tennant (TNC) Tax Provisions (2010 - 2026) Analysis & Trends

Tennant has reported Tax Provisions for 17 years, with the latest figure at $700000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 82.93% year-over-year to $700000.0; the trailing twelve-month figure through Mar 2026 stood at $10.7 million (down 42.16% YoY), and the FY2025 full-year result was $14.1 million, down 33.18% from the prior year.
  • Tax Provisions for Q1 2026 stood at $700000.0, up from -$1.6 million in the prior quarter.
  • The five-year high for Tax Provisions was $9.0 million in Q2 2024, with the low at -$9.0 million in Q4 2023.
  • Historically, Tax Provisions has averaged $3.7 million across 5 years, with a median of $4.4 million in 2022.
  • Annual changes were most pronounced in 2022 — Tax Provisions surged 425.0% — and 2023, when it tumbled 1100.0%.
  • Tennant's Tax Provisions stood at $900000.0 in 2022, then plunged by 1100.0% to -$9.0 million in 2023, then surged by 85.56% to -$1.3 million in 2024, then retreated by 23.08% to -$1.6 million in 2025, then jumped by 143.75% to $700000.0 in 2026.
  • The last three Tax Provisions figures came in at $700000.0 (Q1 2026), -$1.6 million (Q4 2025), and $4.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 354.00 Mn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 240.00 Mn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 215.00 Mn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 254.00 Mn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 175.00 Mn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 199.00 Mn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 93.62 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 89.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 60.15 Mn
10 Tennant 1.48 Bn 1.39 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