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Tennant Company TNC Gross Profit

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Other financials

Income statement

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Revenue$324.0M+1.7%
Operating income$15.9M-48.0%
Net income$7.6M-62.4%
EPS (diluted)$0.44-59.3%

Balance sheet

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Cash & equivalents$76.9M-4.0%
Total debt$392.7M+57.6%
Total equity$533.4M-18.2%
Total assets$1.3B+2.4%

Cash flow

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Operating cash flow-$31.2M-7,700%
CapEx$5.3M+39.5%
Free cash flow-$300.0K-102%

Valuation

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Market cap$1.31B-14.9%
Enterprise value$1.63B-4.9%
P/E30.5×+11.8×
P/S1.1×-0.2×

Profitability

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Gross margin38.8%-3.0pp
Operating margin3.5%-3.5pp
Net margin4.4%-4.1pp
FCF margin-0.2%-5.5pp

Returns & leverage

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Return on equity8.5%-9.6pp
Debt / equity0.7×+0.4×
Current ratio0.0×

Where this comes from

Calculated from Tennant Company’s reported figures.

The source filing: Tennant Company’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 2:36 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000097134-26-000024
(In millions, except shares and per share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net sales$324.0$318.6$621.9$608.6
Cost of sales196.1184.5380.4354.5
Gross profit127.9134.1241.5254.1
Selling and administrative expense99.593.7197.6184.4
Research and development expense12.59.823.119.5
Operating income15.930.620.850.2
Interest expense, net(4.3)(2.2)(7.7)(4.5)
Net foreign currency transaction loss(0.3)(0.8)(0.7)(1.0)

Item 1. Financial Statements

FAQ

What is Tennant Company's gross profit?
Tennant Company (TNC) reported gross profit of $127.9M in Q2 2026.
How has Tennant Company's gross profit changed year-over-year?
Tennant Company's gross profit decreased by 4.6% year-over-year, from $134.1M to $127.9M.
What is the long-term trend for Tennant Company's gross profit?
Over 4 years (2021 to 2025), Tennant Company's gross profit has grown at a 2.5% compound annual growth rate (CAGR), from $438M to $484.3M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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