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Tennant Company TNC Maintenance — Deferred revenue, current

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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-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:ContractWithCustomerLiabilityCurrent.

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

As of June 30, 2026, $16.0 million and $13.6 million of deferred revenue was reported in other current liabilities and other liabilities, respectively, on our consolidated balance sheets. Of these amounts, we expect to recognize the following approximate amounts in net sales in the following periods:

Item 1. Financial Statements

FAQ

What is Tennant Company's maintenance — deferred revenue, current?
Tennant Company (TNC) reported maintenance — deferred revenue, current of $16M in Q2 2026.
How has Tennant Company's maintenance — deferred revenue, current changed year-over-year?
Tennant Company's maintenance — deferred revenue, current increased by 33.3% year-over-year, from $12M to $16M.
What is the long-term trend for Tennant Company's maintenance — deferred revenue, current?
Over 4 years (2021 to 2025), Tennant Company's maintenance — deferred revenue, current has grown at a 17.8% compound annual growth rate (CAGR), from $27.5M to $53M.
What does maintenance — deferred revenue, current mean?
This metric represents the portion of maintenance service contract liabilities expected to be recognized as revenue within the next twelve months. It provides visibility into the short-term revenue pipeline generated from service agreements. Investors use this to forecast near-term cash flow and service revenue stability.

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