Net Income for Tennant (TNC)
According to Tennant's latest reported financial statements, the company's current net income (TTM) is $43.80M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TNC
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$43.80M
YoY change
-47.7%
5Y CAGR
+5.4%
Peak year (2023)
$109.50M
Cumulative net income
$1.12B
Net Income history chart for Tennant (TNC) from 1985 to 2025
Net Income history table for Tennant (TNC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $43.80M | -47.7% | ||
| 2024 | $83.70M | -23.6% | ||
| 2023 | $109.50M | +65.2% | ||
| 2022 | $66.30M | +2.2% | ||
| 2021 | $64.90M | +92.6% | ||
| 2020 | $33.70M | -26.4% | ||
| 2019 | $45.80M | +37.1% | ||
| 2018 | $33.41M | -639.3% | ||
| 2017 | -$6.20M | -113.3% | ||
| 2016 | $46.61M | +45.3% | ||
| 2015 | $32.09M | -36.6% | ||
| 2014 | $50.65M | +25.9% | ||
| 2013 | $40.23M | -3.3% | ||
| 2012 | $41.58M | +27.1% | ||
| 2011 | $32.71M | -6.0% | ||
| 2010 | $34.80M | -232.6% | ||
| 2009 | -$26.24M | -347.0% | ||
| 2008 | $10.62M | -73.4% | ||
| 2007 | $39.87M | +33.7% | ||
| 2006 | $29.81M | +30.0% | ||
| 2005 | $22.94M | +71.4% | ||
| 2004 | $13.38M | -5.5% | ||
| 2003 | $14.15M | +71.3% | ||
| 2002 | $8.27M | +72.0% | ||
| 2001 | $4.80M | -83.0% | ||
| 2000 | $28.25M | +43.4% | ||
| 1999 | $19.70M | -22.1% | ||
| 1998 | $25.30M | +4.5% | ||
| 1997 | $24.20M | +15.2% | ||
| 1996 | $21.00M | +6.6% | ||
| 1995 | $19.70M | +25.5% | ||
| 1994 | $15.70M | +72.5% | ||
| 1993 | $9.10M | -1.1% | ||
| 1992 | $9.20M | -23.3% | ||
| 1991 | $12.00M | -23.1% | ||
| 1990 | $15.60M | +5.4% | ||
| 1989 | $14.80M | +27.6% | ||
| 1988 | $11.60M | +18.4% | ||
| 1987 | $9.80M | +11.4% | ||
| 1986 | $8.80M | +1.1% | ||
| 1985 | $8.70M | — |
Net Income values are taken from Tennant's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual net income for Tennant (TNC) came in at $43.80M – plunged 47.7% year-over-year.
Over 2020–2025 (5 years), Tennant net income expanded at a +5.4% compound annual rate, with the latest reading among the more recent periods of the dataset.
Tennant net income plunged from $109.50M in 2023 to $43.80M in 2025, a 60.0% drawdown.
Across the available history, net income reached its high of $109.50M in 2023 and its low of -$26.24M in 2009.
Among 8 Industrials peers, Tennant (TNC) ranks 9th; the peer median for net income is $5.88B.
Tennant Net Income by Year
Tennant Net Income 2025: $43.80M
Tennant net income in 2025 was $43.80M, plunged 47.7% below 2024.
Tennant Net Income 2024: $83.70M
Tennant net income in 2024 was $83.70M, declined 23.6% below 2023.
Tennant Net Income 2023: $109.50M
Tennant net income in 2023 was $109.50M, surged 65.2% from 2022. This figure represents the highest annual value in the available history.
Tennant Net Income 2022: $66.30M
Tennant net income in 2022 was $66.30M, edged up 2.2% from 2021.
Tennant Net Income 2021: $64.90M
Tennant net income in 2021 was $64.90M.
See more financial history for Tennant (TNC).
Sector peers — Net Income
Companies in the same sector as Tennant, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $8.87B | Industrials |
| GE Aerospace (GE) | $8.70B | Industrials |
| Union Pacific Corporation (UNP) | $7.14B | Industrials |
| RTX Corporation (RTX) | $6.73B | Industrials |
| Deere & Company (DE) | $5.03B | Industrials |
| Honeywell International Inc. (HON) | $4.73B | Industrials |
| Eaton Corporation plc (ETN) | $4.09B | Industrials |
| The Boeing Company (BA) | $2.23B | Industrials |
Frequently asked questions
What is Tennant's net income?
Latest reported net income for Tennant (TNC) is $43.80M (period ending December 31, 2025).
How has Tennant net income changed year-over-year?
Tennant (TNC) net income changed -47.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Tennant net income?
Tennant (TNC) net income compound annual growth rate is +5.4% over the most recent 5 years available.
When did Tennant net income hit its highest annual value?
Tennant net income reached its highest annual value of $109.50M in 2023.
What was Tennant net income in 2024?
Tennant (TNC) net income in 2024 was $83.70M.
What was Tennant net income in 2025?
Tennant (TNC) net income in 2025 was $43.80M.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
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