TENNANT CO
For the period ended Jun 30, 2026. Filed Aug 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 6, 2026
TNC$75.50+1.4%Stored close · as of Nov 10, 2026
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Consolidated Statements of Income
| (In millions, except shares and per share data) | Three Months EndedJune 30, | Six Months EndedJune 30, | ||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Net sales | $324.0 | $318.6 | $621.9 | $608.6 |
| Cost of sales | 196.1 | 184.5 | 380.4 | 354.5 |
| Gross profit | 127.9 | 134.1 | 241.5 | 254.1 |
| Selling and administrative expense | 99.5 | 93.7 | 197.6 | 184.4 |
| Research and development expense | 12.5 | 9.8 | 23.1 | 19.5 |
| Operating income | 15.9 | 30.6 | 20.8 | 50.2 |
| Interest expense, net | (4.3) | (2.2) | (7.7) | (4.5) |
| Net foreign currency transaction loss | (0.3) | (0.8) | (0.7) | (1.0) |
| Other expense, net | (1.0) | (0.3) | (1.2) | (0.2) |
| Income before income taxes | 10.3 | 27.3 | 11.2 | 44.5 |
| Income tax expense | 2.7 | 7.1 | 3.4 | 11.2 |
| Net income | $7.6 | $20.2 | $7.8 | $33.3 |
| Net income per share | ||||
| Basic | $0.44 | $1.10 | $0.45 | $1.79 |
| Diluted | $0.44 | $1.08 | $0.45 | $1.77 |
| Weighted average shares outstanding | ||||
| Basic | 16,898,741 | 18,508,758 | 17,226,826 | 18,605,187 |
| Diluted | 17,171,367 | 18,687,918 | 17,456,349 | 18,820,298 |
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