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Tennant Company TNC Sales Incentives — Additions to sales incentive accrual

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Other financials

Income statement

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Revenue$297.9M+2.7%
Gross profit$113.6M-5.3%
Operating income$4.9M-75.0%
Net income$200.0K-98.5%
EPS (diluted)$0.01-98.6%

Balance sheet

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Cash & equivalents$82.6M+3.9%
Total debt$393.7M+57.2%
Total equity$531.2M-14.9%
Total assets$1.3B+8.2%

Cash flow

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Operating cash flow-$31.2M-7,700%
CapEx$3.2M-54.3%
Free cash flow-$34.4M-365%

Valuation

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Market cap$1.51B+9.1%
Enterprise value$1.82B+17.1%
P/E31.3×+12.0×
P/S1.3×+0.2×

Profitability

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Gross margin39.5%-2.6pp
Operating margin4.8%-2.8pp
Net margin4.4%-4.1pp
FCF margin1.3%-3.5pp

Returns & leverage

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Return on equity8.5%-9.6pp
Debt / equity0.7×+0.3×
Current ratio2.1×0.0×

Where this comes from

Reported directly by Tennant Company in its filing.

Tagged under the XBRL concept tnc:ContractWithCustomerLiabilityIncreaseDecreaseForSalesIncentiveAccruals.

The official record: Tennant Company’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tennant Company's sales incentives — additions to sales incentive accrual?
Tennant Company (TNC) reported sales incentives — additions to sales incentive accrual of $5.8M in Q1 2026.
How has Tennant Company's sales incentives — additions to sales incentive accrual changed year-over-year?
Tennant Company's sales incentives — additions to sales incentive accrual increased by 1.8% year-over-year, from $5.7M to $5.8M.
What is the long-term trend for Tennant Company's sales incentives — additions to sales incentive accrual?
Over 4 years (2021 to 2025), Tennant Company's sales incentives — additions to sales incentive accrual has grown at a -14.5% compound annual growth rate (CAGR), from $38M to $20.3M.
What does sales incentives — additions to sales incentive accrual mean?
This metric captures the periodic increase in the accrual balance for sales incentives, such as rebates, volume discounts, or promotional allowances offered to customers. It reflects the company's ongoing commitment to incentivize sales volume or market penetration through contractual agreements. An increase in this accrual often signals higher anticipated promotional activity or a change in the estimated payout rates for existing customer programs.