The financials
Tennant Company by the numbers
Tennant Company (TNC) reported revenue of $298M in Q1 2026 (quarter ended March 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 2026-Q1 was Equipment Sales at $178M, 60% of the disclosed total, just ahead of Parts And Consumables at 22%.
| 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 | $178M | 60% |
| Parts And Consumables | $65M | 22% |
| Service And Other | $55M | 19% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $297.9M (-1.8%)
Service And Other grew +11% year on yearParts And Consumables -4.0% year on year
Segment Latestquarter on quarteryear on year
- Equipment Sales$178.1M$178.1MQoQ -0.72%year on year +3.1%-0.72%+3.1%
- Parts And Consumables$64.6M$64.6MQoQ -7.3%year on year -4.0%-7.3%-4.0%
- Service And Other$55.2M$55.2MQoQ +1.8%year on year +11%+1.8%+11%
Specialty Industrial Machinery
Ranks #43 of 44 by Smart Score