Tennant Q2 net sales fall 3.7% to $318.6 million; net income down 27.6%
Tennant reported second-quarter 2025 net sales of $318.6 million, down 3.7% from a year earlier, and net income of $20.2 million, down 27.6%. Diluted EPS was $1.08 versus $1.45, and the company reaffirmed its 2025 guidance. The company attributed the decline mainly to lapping a $26 million backlog-reduction benefit in the prior-year quarter, while order rates rose 4.0%.
Key points
- Net sales of $318.6 million, down 3.7%, with an organic decline of 4.5%
- Adjusted EBITDA of $51.0 million versus $58.6 million a year earlier; margin 16.0%, down 170 basis points
- Order rates increased 4.0% compared with the second quarter of 2024
- 2025 guidance reaffirmed: net sales of $1,210 million to $1,250 million and diluted EPS of $3.80 to $4.30
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2025.
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