Tennant Co (TNC) stock
TNCNYSERefrigeration & Service Industry MachineryFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 8/30123% above fair value
$75.03−1.22 (-1.60%)
Close on Nov 12, 2026Market cap $1.28BP/E 74.3Yield 1.59%
Tennant r&d expenses
Research and development expenses are spending on new products and technology.
Tennant's R&D Expenses for the twelve months ending Jun 30, 2026 was $44.80M, up 6.7% year over year. For fiscal 2025 it was $41.20M, down 5.9% from the year before. Over ten years it grew 2.4% a year on average. The highest annual figure on record is $43.80M in fiscal 2024.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $41.20M | -5.9% |
| FY2024 | Dec 31, 2024 | $43.80M | +19.7% |
| FY2023 | Dec 31, 2023 | $36.60M | +17.7% |
| FY2022 | Dec 31, 2022 | $31.10M | -3.4% |
| FY2021 | Dec 31, 2021 | $32.20M | +7.0% |
| FY2020 | Dec 31, 2020 | $30.10M | -8.0% |
| FY2019 | Dec 31, 2019 | $32.70M | +6.5% |
| FY2018 | Dec 31, 2018 | $30.70M | -4.1% |
| FY2017 | Dec 31, 2017 | $32.00M | -7.9% |
| FY2016 | Dec 31, 2016 | $34.74M | +7.2% |
| FY2015 | Dec 31, 2015 | $32.42M | +10.1% |
| FY2014 | Dec 31, 2014 | $29.43M | -3.6% |
| FY2013 | Dec 31, 2013 | $30.53M | +4.3% |
| FY2012 | Dec 31, 2012 | $29.26M | +4.8% |
| FY2011 | Dec 31, 2011 | $27.91M | +7.5% |
| FY2010 | Dec 31, 2010 | $25.96M | +13.0% |
| FY2009 | Dec 31, 2009 | $22.98M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | $12.50M | +27.6% |
| Q1 FY2026 | Mar 31, 2026 | $10.60M | +9.3% |
| Q4 FY2025 | Dec 31, 2025 | $11.20M | -6.7% |
| Q3 FY2025 | Sep 30, 2025 | $10.50M | 0.0% |
| Q2 FY2025 | Jun 30, 2025 | $9.80M | -12.5% |
| Q1 FY2025 | Mar 31, 2025 | $9.70M | -4.0% |
| Q4 FY2024 | Dec 31, 2024 | $12.00M | +13.2% |
| Q3 FY2024 | Sep 30, 2024 | $10.50M | +15.4% |
| Q2 FY2024 | Jun 30, 2024 | $11.20M | +24.4% |
| Q1 FY2024 | Mar 31, 2024 | $10.10M | +27.8% |
| Q4 FY2023 | Dec 31, 2023 | $10.60M | +39.5% |
| Q3 FY2023 | Sep 30, 2023 | $9.10M | +15.2% |
| Q2 FY2023 | Jun 30, 2023 | $9.00M | +13.9% |
| Q1 FY2023 | Mar 31, 2023 | $7.90M | +2.6% |
| Q4 FY2022 | Dec 31, 2022 | $7.60M | -6.2% |
| Q3 FY2022 | Sep 30, 2022 | $7.90M | -6.0% |
| Q2 FY2022 | Jun 30, 2022 | $7.90M | -4.8% |
| Q1 FY2022 | Mar 31, 2022 | $7.70M | +4.1% |
| Q4 FY2021 | Dec 31, 2021 | $8.10M | -6.9% |
| Q3 FY2021 | Sep 30, 2021 | $8.40M | +13.5% |
| Q2 FY2021 | Jun 30, 2021 | $8.30M | +25.8% |
| Q1 FY2021 | Mar 31, 2021 | $7.40M | 0.0% |
| Q4 FY2020 | Dec 31, 2020 | $8.70M | -2.2% |
| Q3 FY2020 | Sep 30, 2020 | $7.40M | -9.8% |
| Q2 FY2020 | Jun 30, 2020 | $6.60M | -21.4% |
| Q1 FY2020 | Mar 31, 2020 | $7.40M | +2.8% |
| Q4 FY2019 | Dec 31, 2019 | $8.90M | +21.9% |
| Q3 FY2019 | Sep 30, 2019 | $8.20M | +9.3% |
| Q2 FY2019 | Jun 30, 2019 | $8.40M | +6.3% |
| Q1 FY2019 | Mar 31, 2019 | $7.20M | -10.0% |
| Q4 FY2018 | Dec 31, 2018 | $7.30M | -5.9% |
| Q3 FY2018 | Sep 30, 2018 | $7.50M | -5.1% |
| Q2 FY2018 | Jun 30, 2018 | $7.90M | +0.2% |
| Q1 FY2018 | Mar 31, 2018 | $8.00M | -5.3% |
| Q4 FY2017 | Dec 31, 2017 | $7.76M | -22.6% |
| Q3 FY2017 | Sep 30, 2017 | $7.91M | -6.1% |
| Q2 FY2017 | Jun 30, 2017 | $7.89M | – |
| Q1 FY2017 | Mar 31, 2017 | $8.45M | – |
| Q4 FY2016 | Dec 31, 2016 | $10.03M | – |
| Q3 FY2016 | Sep 30, 2016 | $8.42M | – |
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