The financials
Tennant Company by the numbers
Tennant Company (TNC) reported revenue of $298M in Q1 2026 (quarter ended Mar 31, 2026), up 2.7% from the same quarter a year earlier. That came with a gross margin of 38% and net income of $200K (0.1% of revenue). For the full year FY2025, revenue was $1.20B (−6.5% year on year) and net income $44M. Its largest product in Jun 2026 was Equipment Sales at $194M, 60% of the disclosed total, well ahead of Parts And Consumables at 21%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $298M | $290M | +2.7% |
| Gross profit | $114M | $120M | −5.3% |
| Operating income | $4.9M | $20M | −75% |
| Net income | $200K | $13M | −98% |
| Diluted EPS | $0.01 | $0.69 | −99% |
| Product | Revenue | Share |
|---|---|---|
| Equipment Sales | $194M | 60% |
| Parts And Consumables | $68M | 21% |
| Service And Other | $62M | 19% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $324.0M (+8.8%)
Service And Other grew +19% year on yearParts And Consumables -2.0% year on year
Segment Latestquarter on quarteryear on year
- Equipment Sales$193.8M$193.8MQoQ +8.8%year on year -1.6%+8.8%-1.6%
- Parts And Consumables$68.1M$68.1MQoQ +5.4%year on year -2.0%+5.4%-2.0%
- Service And Other$62.1M$62.1MQoQ +13%year on year +19%+13%+19%
Specialty Industrial Machinery
Ranks #27 of 29 by Smart Score