What is Tennant Company's R&D?

Tennant Company (TNC) reported R&D of $10.6M in Q1 2026.

How has Tennant Company's R&D changed year-over-year?

Tennant Company's R&D increased by 9.3% year-over-year, from $9.7M to $10.6M.

What is the long-term trend for Tennant Company's R&D?

Over 4 years (2021 to 2025), Tennant Company's R&D has grown at a 6.4% compound annual growth rate (CAGR), from $32.2M to $41.2M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Tennant Company TNC R&D

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Other financials

Income statement

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Revenue$297.9M+2.7%

Gross profit$113.6M-5.3%

Operating income$4.9M-75.0%

Net income$200.0K-98.5%

EPS (diluted)$0.01-98.6%

Balance sheet

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Cash & equivalents$82.6M+3.9%

Total debt$393.7M+57.2%

Total equity$531.2M-14.9%

Total assets$1.3B+8.2%

Cash flow

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Operating cash flow-$31.2M-7,700%

CapEx$3.2M-54.3%

Free cash flow-$34.4M-365%

Valuation

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Market cap$1.51B+9.1%

Enterprise value$1.82B+17.1%

P/E31.3×+12.0×

P/S1.3×+0.2×

Profitability

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Gross margin39.5%-2.6pp

Operating margin4.8%-2.8pp

Net margin4.4%-4.1pp

FCF margin1.3%-3.5pp

Returns & leverage

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Return on equity8.5%-9.6pp

Debt / equity0.7×+0.3×

Current ratio2.1×0.0×

Where this comes from

Reported directly by Tennant Company in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Tennant Company’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tennant Company's R&D?: Tennant Company (TNC) reported R&D of $10.6M in Q1 2026.
How has Tennant Company's R&D changed year-over-year?: Tennant Company's R&D increased by 9.3% year-over-year, from $9.7M to $10.6M.
What is the long-term trend for Tennant Company's R&D?: Over 4 years (2021 to 2025), Tennant Company's R&D has grown at a 6.4% compound annual growth rate (CAGR), from $32.2M to $41.2M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.