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Tennant Company TNC Maintenance — Contract with Customer, Liability
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Where this comes from
Reported directly by Tennant Company in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.
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 item | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|
| Beginning balance | $32.4 | $20.6 |
| Increase in deferred revenue representing our obligation to satisfy future performance obligations | 10.9 | 13.5 |
| Decrease in deferred revenue for amounts recognized in net sales for satisfied performance obligations | (13.6) | (9.3) |
| Foreign currency fluctuations | (0.1) | 0.6 |
| Ending balance | $29.6 | $25.4 |
Item 1. Financial Statements
FAQ
- What is Tennant Company's maintenance — contract with customer, liability?
- Tennant Company (TNC) reported maintenance — contract with customer, liability of $29.6M in Q2 2026.
- How has Tennant Company's maintenance — contract with customer, liability changed year-over-year?
- Tennant Company's maintenance — contract with customer, liability increased by 16.5% year-over-year, from $25.4M to $29.6M.
- What is the long-term trend for Tennant Company's maintenance — contract with customer, liability?
- Over 4 years (2021 to 2025), Tennant Company's maintenance — contract with customer, liability has grown at a 27.1% compound annual growth rate (CAGR), from $41.3M to $107.8M.
- What does maintenance — contract with customer, liability mean?
- This metric represents the total outstanding financial obligation to provide future maintenance services to customers for which payment has already been received or is due. It serves as a key indicator of the backlog of service obligations within the maintenance business segment. A higher balance reflects a robust pipeline of committed service work that will generate future revenue.
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