Tennant annual gross margin
2009
2010
2011
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2024
2025
Tennant Gross Margin Growth & History (TNC)
Tennant's gross margin was 40.24% for fiscal 2025.
View full Tennant company overviewTennant annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 40.24% | −2.50 pp |
| 2024 | 2024-12-31 | 42.75% | +0.30 pp |
| 2023 | 2023-12-31 | 42.44% | +3.90 pp |
| 2022 | 2022-12-31 | 38.54% | −1.62 pp |
| 2021 | 2021-12-31 | 40.15% | −0.59 pp |
| 2020 | 2020-12-31 | 40.74% | +0.15 pp |
| 2019 | 2019-12-31 | 40.59% | +0.98 pp |
| 2018 | 2018-12-31 | 39.61% | −0.25 pp |
| 2017 | 2017-12-31 | 39.86% | −3.63 pp |
| 2016 | 2016-12-31 | 43.48% | +0.49 pp |
| 2015 | 2015-12-31 | 43.00% | +0.12 pp |
| 2014 | 2014-12-31 | 42.88% | −0.46 pp |
| 2013 | 2013-12-31 | 43.34% | −0.68 pp |
| 2012 | 2012-12-31 | 44.02% | +1.69 pp |
| 2011 | 2011-12-31 | 42.33% | −0.25 pp |
| 2010 | 2010-12-31 | 42.59% | +1.28 pp |
| 2009 | 2009-12-31 | 41.30% | — |
Tennant quarterly gross margin
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 39.48% | −2.62 pp |
| Q1 2026 | 2026-03-31 | 38.13% | −3.25 pp |
| Q4 2025 | 2025-12-31 | 34.57% | −6.78 pp |
| Q3 2025 | 2025-09-30 | 42.66% | +0.30 pp |
| Q2 2025 | 2025-06-30 | 42.09% | −1.02 pp |
| Q1 2025 | 2025-03-31 | 41.38% | −2.83 pp |
| Q4 2024 | 2024-12-31 | 41.35% | −0.65 pp |
| Q3 2024 | 2024-09-30 | 42.37% | −0.95 pp |
| Q2 2024 | 2024-06-30 | 43.11% | −0.25 pp |
| Q1 2024 | 2024-03-31 | 44.21% | +3.17 pp |
| Q4 2023 | 2023-12-31 | 42.00% | +2.42 pp |
| Q3 2023 | 2023-09-30 | 43.32% | +5.02 pp |
| Q2 2023 | 2023-06-30 | 43.36% | +5.50 pp |
| Q1 2023 | 2023-03-31 | 41.04% | +2.72 pp |
| Q4 2022 | 2022-12-31 | 39.59% | +3.19 pp |
| Q3 2022 | 2022-09-30 | 38.30% | −1.84 pp |
| Q2 2022 | 2022-06-30 | 37.87% | −3.30 pp |
| Q1 2022 | 2022-03-31 | 38.32% | −4.71 pp |
| Q4 2021 | 2021-12-31 | 36.40% | −4.59 pp |
| Q3 2021 | 2021-09-30 | 40.15% | +0.59 pp |
| Q2 2021 | 2021-06-30 | 41.17% | −0.65 pp |
| Q1 2021 | 2021-03-31 | 43.03% | +2.25 pp |
| Q4 2020 | 2020-12-31 | 40.99% | +0.71 pp |
| Q3 2020 | 2020-09-30 | 39.56% | −1.06 pp |
| Q2 2020 | 2020-06-30 | 41.82% | +1.52 pp |
| Q1 2020 | 2020-03-31 | 40.78% | −0.44 pp |
| Q4 2019 | 2019-12-31 | 40.28% | +0.98 pp |
| Q3 2019 | 2019-09-30 | 40.61% | +1.60 pp |
| Q2 2019 | 2019-06-30 | 40.31% | +0.20 pp |
| Q1 2019 | 2019-03-31 | 41.22% | +1.23 pp |
| Q4 2018 | 2018-12-31 | 39.30% | −0.41 pp |
| Q3 2018 | 2018-09-30 | 39.01% | −0.93 pp |
| Q2 2018 | 2018-06-30 | 40.11% | +1.50 pp |
| Q1 2018 | 2018-03-31 | 39.99% | −1.74 pp |
| Q4 2017 | 2017-12-31 | 39.70% | −4.46 pp |
| Q3 2017 | 2017-09-30 | 39.94% | −2.68 pp |
| Q2 2017 | 2017-06-30 | 38.61% | −5.34 pp |
| Q1 2017 | 2017-03-31 | 41.73% | −1.36 pp |
| Q4 2016 | 2016-12-31 | 44.16% | +1.76 pp |
| Q3 2016 | 2016-09-30 | 42.62% | −0.67 pp |
| Q2 2016 | 2016-06-30 | 43.95% | −0.17 pp |
| Q1 2016 | 2016-03-31 | 43.09% | +1.05 pp |
| Q4 2015 | 2015-12-31 | 42.40% | −0.64 pp |
| Q3 2015 | 2015-09-30 | 43.29% | +0.28 pp |
| Q2 2015 | 2015-06-30 | 44.12% | +0.64 pp |
| Q1 2015 | 2015-03-31 | 42.04% | +0.23 pp |
| Q4 2014 | 2014-12-31 | 43.04% | +0.10 pp |
| Q3 2014 | 2014-09-30 | 43.01% | −0.41 pp |
| Q2 2014 | 2014-06-30 | 43.48% | −0.34 pp |
| Q1 2014 | 2014-03-31 | 41.81% | −1.34 pp |
| Q4 2013 | 2013-12-31 | 42.93% | −1.58 pp |
| Q3 2013 | 2013-09-30 | 43.42% | −0.09 pp |
| Q2 2013 | 2013-06-30 | 43.82% | −0.77 pp |
| Q1 2013 | 2013-03-31 | 43.14% | −0.21 pp |
| Q4 2012 | 2012-12-31 | 44.51% | +1.27 pp |
| Q3 2012 | 2012-09-30 | 43.51% | +0.59 pp |
| Q2 2012 | 2012-06-30 | 44.59% | +3.12 pp |
| Q1 2012 | 2012-03-31 | 43.36% | +1.68 pp |
| Q4 2011 | 2011-12-31 | 43.24% | +0.63 pp |
| Q3 2011 | 2011-09-30 | 42.92% | −0.14 pp |
| Q2 2011 | 2011-06-30 | 41.47% | — |
| Q1 2011 | 2011-03-31 | 41.68% | — |
| Q3 2010 | 2010-09-30 | 42.61% | — |
| Q2 2010 | 2010-06-30 | 43.06% | — |
Tennant gross margin trends
Over the last five reported fiscal years, Tennant's gross margin decreased from 40.74% to 40.24%, a change of −0.50 percentage points. The latest reported quarter, Q2 2026, shows 39.48%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Tennant filings at SEC.gov ↗