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Tennant Company TNC Service and other — Net Sales

Other product segments

Equipment
$193.8M-1.6%
Parts and consumables
$68.1M-2.0%

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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 service and other — net sales?
Tennant Company (TNC) reported service and other — net sales of $62.1M in Q2 2026.
How has Tennant Company's service and other — net sales changed year-over-year?
Tennant Company's service and other — net sales increased by 19.2% year-over-year, from $52.1M to $62.1M.
What is the long-term trend for Tennant Company's service and other — net sales?
Over 4 years (2021 to 2025), Tennant Company's service and other — net sales has grown at a 7.4% compound annual growth rate (CAGR), from $160.1M to $213.2M.
What does service and other — net sales mean?
This metric represents the total revenue generated from aftermarket maintenance, repair services, and related support offerings for mechanized cleaning equipment. It reflects the company's ability to monetize the installed base of products through recurring service contracts and essential consumables. Growth in this area indicates strong customer retention and a stable, high-margin revenue stream that complements primary equipment sales.

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