Tennant Company R&D Expense History
TNC / Industrials|10 years of SEC 10-K data (FY2016-FY2025)
$41M in FY2025 with a 5-year CAGR of +6.5%.
Improved from $37M to $41M over the past 2 years.
At $41M, Tennant Company's r&d expense ranks #114 of 167 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.
- 3-Year CAGR
- +9.8%
- 5-Year CAGR
- +6.5%
- 10-Year CAGR
- -
R&D Expense Trend
#114 of 167 in IndustrialsTop 68% of 167This company $41.2M Sector average $283.8M
▼
-85.5% below sector average
Key Insights
- 5-year CAGR of +6.5%, indicating consistent growth.
- In FY2025, r&d expense decreased 5.9% year-over-year.
- Ranks #114 out of 167 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2024.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| 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 | -4.1% |
| FY2017 | $32.0M | -7.9% |
| FY2016 | $34.7M | +7.2% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026