TENNANT CO
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 24, 2026
TNC$75.50+1.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
(In millions, except shares and per share data)
| Years ended December 31 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Net sales | $1,203.5 | $1,286.7 | $1,243.6 |
| Cost of sales | 719.2 | 736.7 | 715.8 |
| Gross profit | 484.3 | 550.0 | 527.8 |
| Selling and administrative expense | 374.8 | 391.9 | 352.6 |
| Research and development expense | 41.2 | 43.8 | 36.6 |
| Operating income | 68.3 | 114.3 | 138.6 |
| Interest expense, net | (9.0) | (9.1) | (13.5) |
| Net foreign currency transaction (loss) gain | (1.7) | 0.1 | 0.3 |
| Other income (expense), net | 0.3 | (0.5) | (1.6) |
| Income before income taxes | 57.9 | 104.8 | 123.8 |
| Income tax expense | 14.1 | 21.1 | 14.3 |
| Net income | $43.8 | $83.7 | $109.5 |
| Net income per share | |||
| Basic | $2.38 | $4.46 | $5.92 |
| Diluted | $2.36 | $4.38 | $5.83 |
| Weighted average shares outstanding: | |||
| Basic | 18,366,216 | 18,786,871 | 18,509,523 |
| Diluted | 18,579,707 | 19,096,138 | 18,783,633 |
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