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Segments

By geography

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Other Europe, Middle East, Africa$82.8M-11.5%
Other Americas$40.3M+39.0%
Asia Pacific (APAC)$31.3M+5.7%

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$1.31B-15.1%
Enterprise value$1.63B-4.7%
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

Reported directly by Tennant Company in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

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)(Unaudited) / June 30,2026December 31,2025
Inventories201.9198.5
Prepaid and other current assets48.738.0
Total current assets613.8599.7
Property, plant and equipment, less accumulated depreciation of $301.7 and $289.0, respectively187.7189.8
Operating lease assets54.456.9
Goodwill208.3208.6
Intangible assets, net48.652.6
Other assets158.0161.3

Item 1. Financial Statements

FAQ

What is Tennant Company's PP&E (net)?
Tennant Company (TNC) reported PP&E (net) of $187.7M in Q2 2026.
How has Tennant Company's PP&E (net) changed year-over-year?
Tennant Company's PP&E (net) decreased by 2.5% year-over-year, from $192.5M to $187.7M.
What is the long-term trend for Tennant Company's PP&E (net)?
Over 5 years (2020 to 2025), Tennant Company's PP&E (net) has grown at a 0.5% compound annual growth rate (CAGR), from $185.5M to $189.8M.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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