Tennant Company (TNC)

NYSE Industrials Industrial Machinery & Supplies & Components S&P SmallCap 600

$71.50

+0.64 (+0.90%)

Close of Nov 06, 2026 · end-of-day data

Source: Tennant Company's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$808.57M	$1.00B	$1.12B	$1.14B	$1.00B	$1.09B	$1.09B	$1.24B	$1.29B	$1.20B
Cost of revenue	$456.98M	$603.30M	$678.50M	$675.90M	$593.20M	$652.80M	$671.30M	$715.80M	$736.70M	$719.20M
Gross profit	$351.60M	$399.80M	$445.00M	$461.70M	$407.80M	$438.00M	$420.90M	$527.80M	$550.00M	$484.30M
Research & development	$34.74M	$32.00M	$30.70M	$32.70M	$30.10M	$32.20M	$31.10M	$36.60M	$43.80M	$41.20M
Selling, general & admin	$248.59M	$334.80M	$356.30M	$357.20M	$314.00M	$321.90M	$306.30M	$352.60M	$391.90M	$374.80M
Operating income	$68.27M	$33.00M	$58.00M	$71.80M	$63.70M	$93.70M	$87.20M	$138.60M	$114.30M	$68.30M
Interest expense	$1.28M	$25.40M	$23.30M	$17.80M	$17.40M	$7.30M	—	—	—	—
Pre-tax income	$66.49M	-$1.30M	$35.80M	$54.00M	$41.10M	$74.10M	$79.50M	$123.80M	$104.80M	$57.90M
Income tax	$19.88M	$4.90M	$2.30M	$8.10M	$7.40M	$9.20M	$13.20M	$14.30M	$21.10M	$14.10M
Net income	$46.61M	-$6.20M	$33.40M	$45.80M	$33.70M	$64.90M	$66.30M	$109.50M	$83.70M	$43.80M
EBITDA	$86.16M	$59.20M	$90.30M	$104.00M	$96.30M	$126.80M	$120.00M	$175.00M	$154.40M	$113.30M
EPS (basic)	$2.66	$-0.35	$1.86	$2.53	$1.84	$3.51	$3.58	$5.92	$4.46	$2.38
EPS (diluted)	$2.59	$-0.35	$1.82	$2.48	$1.81	$3.44	$3.55	$5.83	$4.38	$2.36
Diluted shares	17.98M	17.70M	18.34M	18.45M	18.64M	18.85M	18.70M	18.78M	19.10M	18.58M
Gross margin	43.5%	39.9%	39.6%	40.6%	40.7%	40.2%	38.5%	42.4%	42.7%	40.2%
Operating margin	8.4%	3.3%	5.2%	6.3%	6.4%	8.6%	8.0%	11.1%	8.9%	5.7%
Net margin	5.8%	-0.6%	3.0%	4.0%	3.4%	5.9%	6.1%	8.8%	6.5%	3.6%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$58.03M	$58.40M	$85.61M	$74.60M	$141.00M	$123.60M	$77.40M	$117.10M	$99.80M	$106.40M
Receivables	$145.30M	$203.28M	$208.00M	$216.50M	$199.90M	$211.40M	$251.50M	$247.60M	$259.10M	$256.80M
Inventory	$78.62M	$127.69M	$135.10M	$150.10M	$127.70M	$160.60M	$206.60M	$175.90M	$183.80M	$198.50M
Total current assets	$297.92M	$423.12M	$468.60M	$481.00M	$493.60M	$526.80M	$575.30M	$569.10M	$576.60M	$599.70M
Goodwill	$21.07M	$186.00M	$182.70M	$195.10M	$207.80M	$193.10M	$182.00M	$187.40M	$185.60M	$208.60M
Total assets	$470.04M	$993.98M	$992.50M	$1.06B	$1.08B	$1.06B	$1.09B	$1.11B	$1.19B	$1.27B
Total current liabilities	$132.83M	$236.51M	$248.90M	$274.90M	$254.30M	$290.30M	$261.60M	$273.70M	$292.20M	$293.10M
Short-term debt	$3.46M	$30.88M	$27.00M	$31.30M	$10.90M	$4.20M	$5.20M	$6.40M	$1.30M	$400.00K
Long-term debt	$32.73M	$345.96M	$328.10M	$307.50M	$311.60M	$267.60M	$300.30M	$200.60M	$199.50M	$273.60M
Total debt	$36.19M	$376.84M	$355.10M	$338.80M	$322.50M	$271.80M	$305.50M	$207.00M	$200.80M	$274.00M
Total liabilities	$191.49M	$695.50M	$676.20M	$701.60M	$676.50M	$626.60M	$613.00M	$535.10M	$568.00M	$665.50M
Shareholders' equity	$278.54M	$296.50M	$314.40M	$359.90M	$404.80M	$433.80M	$470.80M	$577.00M	$620.80M	$601.60M

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$57.88M	$54.20M	$80.00M	$71.90M	$133.80M	$69.40M	-$25.10M	$188.40M	$89.70M	$65.00M
Capital expenditures	$26.53M	$20.40M	$18.80M	$38.40M	$29.90M	$19.40M	$25.00M	$22.80M	$20.90M	$21.70M
Free cash flow	$31.35M	$33.80M	$61.20M	$33.50M	$103.90M	$50.00M	-$50.10M	$165.60M	$68.80M	$43.30M
Investing cash flow	-$40.56M	-$375.30M	-$16.10M	-$55.60M	-$29.90M	$1.70M	-$24.50M	-$23.20M	-$78.40M	-$22.70M
Financing cash flow	-$9.56M	$319.40M	-$32.80M	-$27.40M	-$42.80M	-$84.50M	$8.10M	-$122.60M	-$25.20M	-$38.70M
Dividends paid	$14.29M	$15.00M	$15.30M	$16.00M	$16.30M	$17.50M	$18.90M	$20.10M	$21.40M	$21.90M
Share buybacks	$12.76M	$0	$0	$0	$0	$15.00M	$5.00M	$21.70M	$19.60M	$88.50M
Stock-based compensation	$3.88M	$5.90M	$8.30M	$11.40M	$6.00M	$9.50M	$7.80M	$11.60M	$11.90M	$10.40M
Depreciation & amortization	$17.89M	$26.20M	$32.30M	$32.20M	$32.60M	$33.10M	$32.80M	$36.40M	$40.10M	$45.00M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$311.40M	$311.00M	$331.00M	$315.80M	$328.90M	$290.00M	$318.60M	$303.30M	$291.60M	$297.90M	$324.00M	$322.30M
Cost of revenue	$180.60M	$173.50M	$188.30M	$182.00M	$192.90M	$170.00M	$184.50M	$173.90M	$190.80M	$184.30M	$196.10M	$186.00M
Gross profit	$130.80M	$137.50M	$142.70M	$133.80M	$136.00M	$120.00M	$134.10M	$129.40M	$100.80M	$113.60M	$127.90M	$136.30M
Research & development	$10.60M	$10.10M	$11.20M	$10.50M	$12.00M	$9.70M	$9.80M	$10.50M	$11.20M	$10.60M	$12.50M	$12.40M
Selling, general & admin	$95.70M	$89.90M	$92.90M	$92.70M	$116.40M	$90.70M	$93.70M	$96.60M	$93.80M	$98.10M	$99.50M	$92.70M
Operating income	$24.50M	$37.50M	$38.60M	$30.60M	$7.60M	$19.60M	$30.60M	$22.30M	-$4.20M	$4.90M	$15.90M	$31.20M
Interest expense	—	$2.30M	$2.50M	$2.70M	—	$2.30M	$2.20M	$2.40M	—	$3.40M	$4.30M	$5.00M
Pre-tax income	$22.00M	$35.10M	$36.90M	$27.50M	$5.30M	$17.20M	$27.30M	$19.40M	-$6.00M	$900.00K	$10.30M	$25.90M
Income tax	-$9.00M	$6.70M	$9.00M	$6.70M	-$1.30M	$4.10M	$7.10M	$4.50M	-$1.60M	$700.00K	$2.70M	$6.40M
Net income	$31.00M	$28.40M	$27.90M	$20.80M	$6.60M	$13.10M	$20.20M	$14.90M	-$4.40M	$200.00K	$7.60M	$19.50M
EBITDA	$34.50M	$47.10M	$48.50M	$40.70M	$18.10M	$30.20M	$41.90M	$33.60M	$7.60M	$16.30M	$27.60M	$42.70M
EPS (basic)	$1.67	$1.52	$1.47	$1.11	$0.36	$0.70	$1.10	$0.81	$-0.22	$0.01	$0.44	$1.14
EPS (diluted)	$1.64	$1.49	$1.45	$1.09	$0.35	$0.69	$1.08	$0.80	$-0.21	$0.01	$0.44	$1.12
Diluted shares	36.51K	19.08M	19.21M	19.09M	-24.32K	18.96M	18.69M	18.55M	-142.55K	17.80M	17.17M	17.17M
Gross margin	42.0%	44.2%	43.1%	42.4%	41.3%	41.4%	42.1%	42.7%	34.6%	38.1%	39.5%	42.3%
Operating margin	7.9%	12.1%	11.7%	9.7%	2.3%	6.8%	9.6%	7.4%	-1.4%	1.6%	4.9%	9.7%
Net margin	10.0%	9.1%	8.4%	6.6%	2.0%	4.5%	6.3%	4.9%	-1.5%	0.1%	2.3%	6.1%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$117.10M	$88.80M	$84.60M	$91.30M	$99.80M	$79.50M	$80.10M	$99.40M	$106.40M	$82.60M	$76.90M	$75.30M
Receivables	$247.60M	$257.30M	$268.80M	$260.20M	$259.10M	$251.20M	$265.30M	$249.30M	$256.80M	$280.60M	$286.30M	$291.70M
Inventory	$175.90M	$181.40M	$189.70M	$201.80M	$183.80M	$191.30M	$195.40M	$205.90M	$198.50M	$204.60M	$201.90M	$213.20M
Total current assets	$569.10M	$561.10M	$577.80M	$593.90M	$576.60M	$550.90M	$574.60M	$598.30M	$599.70M	$611.10M	$613.80M	$639.60M
Goodwill	$187.40M	$192.20M	$191.00M	$198.40M	$185.60M	$192.80M	$207.20M	$208.30M	$208.60M	$209.90M	$208.30M	$207.10M
Total assets	$1.11B	$1.15B	$1.17B	$1.22B	$1.19B	$1.18B	$1.24B	$1.26B	$1.27B	$1.28B	$1.27B	$1.29B
Total current liabilities	$273.70M	$260.40M	$266.20M	$273.50M	$292.20M	$257.40M	$274.80M	$281.50M	$293.10M	$288.60M	$300.20M	$293.00M
Short-term debt	$6.40M	$7.20M	$7.80M	$600.00K	$1.30M	$500.00K	$400.00K	$400.00K	$400.00K	$400.00K	$500.00K	$400.00K
Long-term debt	$200.60M	$207.40M	$205.60M	$208.60M	$199.50M	$213.30M	$213.40M	$238.30M	$273.60M	$358.30M	$358.40M	$358.30M
Total debt	$207.00M	$214.60M	$213.40M	$209.20M	$200.80M	$213.80M	$213.80M	$238.70M	$274.00M	$358.70M	$358.90M	$358.70M
Total liabilities	$535.10M	$535.80M	$541.60M	$567.60M	$568.00M	$554.20M	$587.80M	$614.20M	$665.50M	$743.60M	$735.60M	$743.00M
Shareholders' equity	$577.00M	$614.60M	$624.60M	$647.20M	$620.80M	$624.40M	$651.90M	$640.90M	$601.60M	$531.20M	$533.40M	$548.50M

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$63.80M	$2.90M	$18.60M	$30.70M	$37.50M	-$400.00K	$22.50M	$28.70M	$14.20M	-$31.20M	$5.00M	$11.90M
Capital expenditures	$7.50M	$3.00M	$4.20M	$4.30M	$9.40M	$7.00M	$3.80M	$6.40M	$4.50M	$3.20M	$5.30M	$6.70M
Free cash flow	$56.30M	-$100.00K	$14.40M	$26.40M	$28.10M	-$7.40M	$18.70M	$22.30M	$9.70M	-$34.40M	-$300.00K	$5.20M
Investing cash flow	-$8.00M	-$60.60M	-$4.30M	-$4.20M	-$9.30M	-$6.90M	-$3.70M	-$7.70M	-$4.40M	-$10.30M	-$5.10M	-$6.60M
Financing cash flow	-$35.50M	$26.90M	-$14.50M	-$20.50M	-$17.10M	-$13.70M	-$19.10M	-$3.20M	-$2.70M	$17.20M	-$5.80M	-$5.40M
Dividends paid	$5.30M	$5.30M	$5.30M	$5.30M	$5.50M	$5.60M	$5.40M	$5.40M	$5.50M	$5.50M	$5.30M	$5.20M
Share buybacks	$10.00M	$1.10M	$8.00M	$8.00M	$2.50M	$20.20M	$13.40M	$22.70M	$32.20M	$60.00M	$500.00K	$100.00K
Stock-based compensation	$3.00M	$3.20M	$2.10M	$4.10M	$2.50M	$3.20M	$2.60M	$2.80M	$1.80M	$1.50M	$2.10M	$1.50M
Depreciation & amortization	$10.00M	$9.60M	$9.90M	$10.10M	$10.50M	$10.60M	$11.30M	$11.30M	$11.80M	$11.40M	$11.70M	$11.50M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.