Tennant (TNC) financials
Tennant revenue and earnings by year
Tennant's revenue was $1.20 billion in the fiscal year to December 31, 2025, down 6.5% from the year before. Net income was $43.8 million, 3.6% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 4.5% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.20 | 1.29 | 1.24 | 1.09 | 1.09 | 1.00 | 1.14 | 1.12 | 1.00 | 0.81 |
| Revenue growth | -6.5% | 3.5% | 13.9% | 0.1% | 9.0% | -12.0% | 1.3% | 12.0% | 24.1% | — |
| Gross profit | 0.48 | 0.55 | 0.53 | 0.42 | 0.44 | 0.41 | 0.46 | 0.45 | 0.40 | 0.35 |
| Gross margin | 40.2% | 42.7% | 42.4% | 38.5% | 40.2% | 40.7% | 40.6% | 39.6% | 39.9% | 43.5% |
| Operating income | 0.07 | 0.11 | 0.14 | 0.09 | 0.09 | 0.06 | 0.07 | 0.06 | 0.03 | 0.07 |
| Operating margin | 5.7% | 8.9% | 11.1% | 8.0% | 8.6% | 6.4% | 6.3% | 5.2% | 3.3% | 8.4% |
| Net income | 0.04 | 0.08 | 0.11 | 0.07 | 0.06 | 0.03 | 0.05 | 0.03 | -0.01 | 0.05 |
| Net margin | 3.6% | 6.5% | 8.8% | 6.1% | 5.9% | 3.4% | 4.0% | 3.0% | -0.6% | 5.8% |
| Diluted EPS | $2.36 | $4.38 | $5.83 | $3.55 | $3.44 | $1.81 | $2.48 | $1.81 | -$0.35 | — |
| Free cash flow | 0.05 | 0.07 | 0.17 | -0.05 | 0.05 | 0.10 | 0.03 | 0.06 | 0.03 | 0.03 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open TNC in Markets.
How Tennant makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Equipment Sales | $194M | 59.8% |
| Parts & Consumables | $68.1M | 21.0% |
| Service & Other | $62.1M | 19.2% |
See also: TNC valuation and P/E history · TNC returns
No forecast, no recommendation. This page describes Tennant from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.