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Tennant Company TNC Total Cost of Revenue

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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:CostOfGoodsAndServicesSold.

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
(In millions, except shares and per share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net sales$324.0$318.6$621.9$608.6
Cost of sales196.1184.5380.4354.5
Gross profit127.9134.1241.5254.1
Selling and administrative expense99.593.7197.6184.4
Research and development expense12.59.823.119.5
Operating income15.930.620.850.2
Interest expense, net(4.3)(2.2)(7.7)(4.5)
Net foreign currency transaction loss(0.3)(0.8)(0.7)(1.0)

Item 1. Financial Statements

FAQ

What is Tennant Company's total cost of revenue?
Tennant Company (TNC) reported total cost of revenue of $196.1M in Q2 2026.
How has Tennant Company's total cost of revenue changed year-over-year?
Tennant Company's total cost of revenue increased by 6.3% year-over-year, from $184.5M to $196.1M.
What is the long-term trend for Tennant Company's total cost of revenue?
Over 4 years (2021 to 2025), Tennant Company's total cost of revenue has grown at a 2.5% compound annual growth rate (CAGR), from $652.8M to $719.2M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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