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Tennant Company TNC Equipment — Net Sales

Other product segments

Parts and consumables
$68.1M-2.0%
Service and other
$62.1M+19.2%

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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$1.31B-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

Reported directly by Tennant Company in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Equipment$193.8$197.0$371.9$369.8
Parts and consumables68.169.5132.7136.8
Service and other62.152.1117.3102.0
Total$324.0$318.6$621.9$608.6

Item 1. Financial Statements

FAQ

What is Tennant Company's equipment — net sales?
Tennant Company (TNC) reported equipment — net sales of $193.8M in Q2 2026.
How has Tennant Company's equipment — net sales changed year-over-year?
Tennant Company's equipment — net sales decreased by 1.6% year-over-year, from $197M to $193.8M.
What is the long-term trend for Tennant Company's equipment — net sales?
Over 4 years (2021 to 2025), Tennant Company's equipment — net sales has grown at a 1.3% compound annual growth rate (CAGR), from $679.9M to $714.7M.
What does equipment — net sales mean?
This metric represents the total revenue generated from the sale of mechanized floor cleaning equipment and associated hardware products within a specific business segment. It serves as a primary indicator of market demand for the company's core capital equipment offerings and reflects the company's ability to capture market share in the industrial and commercial cleaning sectors. Tracking this figure helps investors assess the growth trajectory and competitive positioning of the company's core product portfolio.

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