Tennant (TNC) Tax Provisions (2010 - 2026)
Tennant's (TNC) quarterly Tax Provisions came in at $700000.0 in Q1 2026, down 82.93% YoY from $4.1 million in Q1 2025, and up 143.75% on a QoQ basis from -$1.6 million in Q4 2025.
Tennant (TNC) Tax Provisions (2010 - 2026) Analysis & Trends
Tennant (TNC) has 17 years of Tax Provisions data on file, last reported at $700000.0 in 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 improved to $700000.0 in Q1 2026, from -$1.6 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $9.0 million in Q2 2024 to a low of -$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 tumbled 1100.0%.
- Tracing TNC's Tax Provisions over 5 years: 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 | 256.94 Bn | 243.82 Bn | 2.36 Bn | 276.00 Mn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 321.00 Mn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 215.00 Mn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 198.00 Mn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 325.00 Mn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 265.00 Mn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 85.48 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 62.00 Mn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 69.10 Mn |
| 10 | Tennant | 1.17 Bn | 1.09 Bn | 127.90 Mn | 2.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.70 Mn |
| 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 |