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| 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 |