Company / R&D Expense
Tennant Company R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$41.2M
FY2025
5-year range
$31.1M / $43.8M
FY2021-FY2025
Trend
-5.9%
vs FY2024
Sector context
#116 of 174
Industrials
What the data says
At $41M, Tennant Company's r&d expense ranks #116 of 174 in the Industrials sector. R&D Expense has fluctuated over the past 10 years, ranging from $30M in FY2020 to $44M in FY2024.
Based on SEC 10-K filings.
$41M in FY2025 with a 5-year CAGR of +6.5%.
Improved from $37M to $41M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +9.8%
- 5-Year CAGR
- +6.5%
- 10-Year CAGR
- -
Sector benchmark
#116 of 174 in IndustrialsTop 67% of 174This company $41.2M Sector average $273.7M
▼
-84.9% below sector average
Key checks
Key Insights
- 5-year CAGR of +6.5%, indicating consistent growth.
- In FY2025, r&d expense decreased 5.9% year-over-year.
- Ranks #116 out of 174 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2024.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $41.2M | -5.9% |
| FY2024 | $43.8M | +19.7% |
| FY2023 | $36.6M | +17.7% |
| FY2022 | $31.1M | -3.4% |
| FY2021 | $32.2M | +7.0% |
| FY2020 | $30.1M | -8.0% |
| FY2019 | $32.7M | +6.5% |
| FY2018 | $30.7M | -5.3% |
| FY2017 | $32.4M | -6.7% |
| FY2016 | $34.7M | +7.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026