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Tennant Company TNC Shares (Diluted)

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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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Income tax expense2.77.13.411.2
Net income$7.6$20.2$7.8$33.3
Net income per share
Basic$0.44$1.10$0.45$1.79
Diluted$0.44$1.08$0.45$1.77
Weighted average shares outstanding
Basic16,898,74118,508,75817,226,82618,605,187
Diluted17,171,36718,687,91817,456,34918,820,298

Item 1. Financial Statements

FAQ

What is Tennant Company's shares (diluted)?
Tennant Company (TNC) reported shares (diluted) of 17.2M in Q2 2026.
How has Tennant Company's shares (diluted) changed year-over-year?
Tennant Company's shares (diluted) decreased by 8.1% year-over-year, from 18.7M to 17.2M.
What is the long-term trend for Tennant Company's shares (diluted)?
Over 4 years (2021 to 2025), Tennant Company's shares (diluted) has grown at a -0.2% compound annual growth rate (CAGR), from 75.5M to 74.8M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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