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Tennant Company TNC Accounts Receivable, Credit Loss Expense (Reversal)

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Other financials

Income statement

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Revenue$324.0M+1.7%
Gross profit$127.9M-4.6%
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$1.18B-20.4%
Enterprise value$1.5B-9.4%
P/E27.5×+10.6×
P/S-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

Reported directly by Tennant Company in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

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)Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Loss from equity method investments0.5
Deferred income tax expense (benefit)3.9(0.2)
Share-based compensation expense3.65.8
Bad debt and returns expense1.23.3
Other, net0.40.3
Changes in operating assets and liabilities:
Receivables(31.1)(2.4)
Inventories(18.3)(8.3)

Item 1. Financial Statements

FAQ

What is Tennant Company's accounts receivable, credit loss expense (reversal)?
Tennant Company (TNC) reported accounts receivable, credit loss expense (reversal) of $700K in Q2 2026.
How has Tennant Company's accounts receivable, credit loss expense (reversal) changed year-over-year?
Tennant Company's accounts receivable, credit loss expense (reversal) decreased by 73.1% year-over-year, from $2.6M to $700K.
What is the long-term trend for Tennant Company's accounts receivable, credit loss expense (reversal)?
Over 4 years (2021 to 2025), Tennant Company's accounts receivable, credit loss expense (reversal) has grown at a 45.1% compound annual growth rate (CAGR), from $1.6M to $7.1M.
What does accounts receivable, credit loss expense (reversal) mean?
Accounts Receivable, Credit Loss Expense (Reversal)

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