TENNANT CO (TNC) Tennant Company, a global entity operating its design, manufacturing, and marketing efforts across the Americas, Europe, the Middle East, Africa, and Asia Pacific, specializes in sophisticated floor cleaning machinery. Its comprehensive portfolio encompasses an array of floor maintenance and cleaning equipment, environmentally friendly cleaning technologies (including detergent-free solutions), aftermarket parts and consumables, equipment upkeep and repair services, specialized surface coatings, and asset management solutions. The company further extends its offerings with financial services such as leasing, rental, and financing programs, along with advanced machine-to-machine (M2M) asset oversight systems. Products are distributed under proprietary brands like Tennant, Nobles, Alfa Uma Empresa Tennant, IRIS, VLX, IPC, Gaomei, and Rongen, as well as various private labels. These solutions are utilized across a broad spectrum of commercial and public environments, including retail establishments, distribution centers, factories, warehouses, public venues (such as arenas and stadiums), office buildings, schools, universities, hospitals, clinics, parking lots, and streets. Tennant serves a diverse clientele, including professional cleaning contractors and various businesses, through its direct sales and service teams, complemented by an extensive network of authorized distributors. Established in 1870, the company maintains its corporate headquarters in Eden Prairie, Minnesota.
Sector: Refrigeration & Service Industry Machinery
Industry: Industrial - Machinery
Tennant Company NYSE:TNC Industrials · Industrial - Machinery
Mkt Cap $1.13B
Div Yield 1.87%
AH Close $66.26 +0.00% vs close
AH Close $66.26 +0.00% vs close
Mkt Cap $1.13B
Div Yield 1.87%
All Press Release SEC Filings News
Press Release
Tennant Company to Report Third Quarter 2026 Results on November 2, 2026
Tennant Company will report third quarter 2026 results after market close on Monday, November 2, 2026.
A conference call follows at 10:00 a.m. ET on Tuesday, November 3, 2026, webcast at investors.tennantco.com with a replay and slides available afterward.
This is a scheduling notice only; no financial results or guidance were included.
• 5d ago AI analysis › Press Release
Tennant Company Introduces Its First Autonomous Robotic Vacuum, the P1 VAC
Tennant Company launched the P1 VAC, its first autonomous robotic vacuum and the debut model of its new P-Series line, now available to order.
The launch expands Tennant's robotics portfolio from hard-floor into soft-floor cleaning, supporting its plan to introduce 10 new products within 24 months and build a $250 million robotics equipment business by 2028.
The P1 VAC targets everyday commercial environments with autonomous vacuuming, dust mopping, and edge cleaning, aimed at offsetting labor challenges; near-term revenue impact is not quantified.
• 5d ago AI analysis › News
Tennant: An Overvalued Dividend King Facing Margin Pressures
seekingalpha.com • 8d ago News
Tennant Targets $250M in Robotics Sales as ERP Recovery Gains Traction
marketbeat.com • 28d ago News
Tennant Company: Short-Term Issues Will Give Way To Attractive Upside
seekingalpha.com • 1mo ago SEC Filing ⚠ 2
TNC: SCHEDULE 13D/A · ownership disclosure
Mario Gabelli's GAMCO/Gabelli group filed Amendment No. 1 to its Schedule 13D on Tennant Co, reporting beneficial ownership of 1,022,610 shares, equal to 6.00% of the 17,049,303 shares outstanding per Tennant's most recent 10-Q.
Since the prior filing, the Reporting Persons spent approximately $10,626,024 accumulating additional shares, with GAMCO Asset Management at 4.4% and Gabelli Funds at 1.4% the largest holders. Detailed purchase logs show continued buying through September 21, 2026 at prices ranging roughly from $66 to $87.
The group filed the long-form 13D even though it may be eligible for Schedule G, stating it regularly communicates with Tennant management and wants to ensure such conversations comply with Exchange Act reporting obligations. This signals an engaged, value-oriented major holder rather than a passive investor, though no specific demands or transaction purposes were disclosed.
SEC SCHEDULE 13D/A • 1mo ago AI analysis › Press Release ⚠ 2
The Toro Company Elects David Huml to Board of Directors
Tennant Company president and CEO David Huml has been elected to The Toro Company's Board of Directors, effective immediately.
Toro chairman and CEO Richard Olson cited Huml's leadership experience in global marketing, operations and product management, along with his expertise in robotics and smart-connected technologies.
Huml has spent 12 years at Tennant, where he previously served as chief operating officer and in senior vice president roles spanning APAC, EMEA and global marketing; he earlier held executive positions at Pentair plc.
For Tennant shareholders, the move is a routine outside board seat for the CEO, with no change to Tennant's operations, leadership or strategy.
• 1mo ago AI analysis › News
Should Investors Buy Shares Too as Tennant Director Mulligan Buys 8,000 Shares for $539,000?
fool.com • 2mo ago News
Tennant Q2 Earnings Call Highlights
marketbeat.com • 2mo ago News
Tennant Company (TNC) Q2 2026 Earnings Call Transcript
seekingalpha.com • 2mo ago SEC Filing ● Major ⚠ 8
TNC: 10-Q · periodic report
Tennant Company's Q2 2026 net sales rose 1.7% to $324.0 million, but net income collapsed 62% to $7.6 million from $20.2 million a year earlier, with diluted EPS of $0.44 versus $1.08.
The profit decline reflects a 260 basis point gross margin contraction to 39.5%, driven by ERP-related recovery costs, supply constraints, elevated freight and tariff-related material costs in North America, and competitive price concessions in EMEA. Organic sales fell 0.5% as a 3.0% price benefit was more than offset by a 3.5% volume decline.
The balance sheet deteriorated as operating cash flow swung to negative $26.2 million for the first six months (vs positive $22.1 million last year), cash fell to $76.9 million, and total debt climbed to $358.9 million from $273.6 million, lifting the debt-to-capital ratio to 40.1% from 31.2% — partly to fund $60.5 million of share repurchases.
Management acknowledged the North America ERP platform's productivity gains are taking longer than expected and characterized fiscal 2026 as a transition period, while maintaining the $0.310 quarterly dividend and adding a 2,000,000-share buyback authorization in April 2026. Tariff refund claims remain pending with no benefit recognized, and backlog stays elevated pending supply chain stabilization.
SEC 10-Q • 2mo ago AI analysis › News
Tennant (TNC) Lags Q2 Earnings Estimates
zacks.com • 2mo ago SEC Filing ⚠ 5
TNC: 8-K · earnings release
Tennant Company reported second quarter 2026 net sales of $324.0 million, a 1.7% increase year-over-year, but adjusted EBITDA and diluted EPS declined significantly due to residual ERP inefficiencies and margin pressure in EMEA. The company lowered its full-year adjusted EBITDA guidance to $155-$170 million while raising net sales guidance to $1.270-$1.310 billion, reflecting a slower pace of margin recovery than anticipated. Robotics momentum continued with AMR sales increasing 37% year-over-year, and the company maintained a strong balance sheet with $76.9 million in cash and a net leverage ratio of 2.0 times.
SEC 8-K • 2mo ago AI analysis › Press Release ● Major ⚠ 5
Tennant Company Reports Second Quarter 2026 Results
Tennant reported Q2 revenue of $324 million, up 1.7% year-over-year, but profitability deteriorated significantly due to ERP inefficiencies and regional cost pressures.
Adjusted EBITDA declined 31% to $35.3 million and adjusted EPS dropped 44% to $0.83, prompting management to lower full-year Adjusted EBITDA guidance to $155-$170 million.
Despite margin headwinds, orders grew 6.6% to $339.5 million and robotics sales jumped 37%, allowing the company to raise its full-year sales outlook to $1.27-$1.31 billion.
• 2mo ago AI analysis › Press Release
Tennant Company Declares Regular Quarterly Cash Dividend
Tennant Company declared a regular quarterly cash dividend of $0.31 per share, payable on September 15, 2026, to shareholders of record as of the close of business on August 31, 2026.
The company, founded in 1870 and headquartered in Eden Prairie, Minnesota, reported sales of $1.20 billion in 2025 and employs approximately 4,500 people globally.
Tennant specializes in the design and manufacture of cleaning solutions for industrial, commercial, and outdoor environments.
• 2mo ago AI analysis › Press Release
Tennant Company Announces Retirement of Fay West, Senior Vice President, Chief Financial Officer
Fay West, Senior Vice President and Chief Financial Officer of Tennant Company, announced she will retire in the second quarter of 2027 after a successor is hired.
West joined the company in 2021 and has led the finance function, capital allocation framework, and M&A strategy over her five-year tenure.
The company is commencing a search for a new CFO and aims to name a replacement by the first quarter of 2027 to ensure a smooth transition.
• 2mo ago AI analysis › Press Release
Tennant Company to Report Second Quarter 2026 Results on August 5, 2026
Tennant Company announced it will report its second quarter 2026 financial results after the market closes on Wednesday, August 5, 2026.
A conference call to discuss the results is scheduled for 10:00 a.m. Eastern Time on Thursday, August 6, 2026, and will be webcast via the company's investor relations website.
The company noted in its profile that it generated sales of $1.20 billion in 2025 and employs approximately 4,500 people globally.
• 3mo ago AI analysis › Press Release
Tennant Company (NYSE: TNC) is being investigated over potential violations of Federal Securities Laws
Lowey Dannenberg P.C. is investigating Tennant Company for potential violations of federal securities laws, specifically concerning statements made prior to a February 2026 disclosure regarding its ERP system rollout.
The investigation focuses on whether the company misled investors about the progress of the ERP project, which later caused severe operational disruptions and approximately $30 million in lost sales.
This is a solicitation encouraging affected investors to contact the law firm to discuss their rights or check eligibility for participation.
• 3mo ago AI analysis › News
Tennant Company Offers Growth And Value
seekingalpha.com • 4mo ago Press Release
Tennant Company Names Richard H. Zay Chief Operating Officer
Tennant Company appointed Richard H. (Rusty) Zay as Chief Operating Officer, effective July 1, 2026. Zay, currently the Chief Commercial Officer, has been a member of the company's leadership team since 2010.
In his new role, Zay will oversee global customer-facing business units, supply chain, manufacturing operations, R&D, and marketing with a focus on driving financial results and operational efficiency.
An industry veteran with over 25 years of experience, Zay previously held leadership roles at Whirlpool Corporation and Maytag Corporation before joining Tennant.
• 4mo ago AI analysis › Press Release
Tennant Company Board Authorizes Repurchase of Additional 2 Million Shares, Bringing Total Repurchase Capacity to Over 2.5 Million Shares
Tennant Company's board authorized a new repurchase program for up to 2 million shares, adding to the 560,000 shares remaining under the existing plan.
The company now holds capacity to buy back approximately 2.56 million shares, representing 15% of the basic shares currently outstanding.
CEO Dave Huml cited the authorization as a reflection of confidence in the company's strategic direction and commitment to disciplined capital allocation.
• 5mo ago AI analysis › Press Release ⚠ 3
Tennant Company Reports First Quarter 2026 Results
Tennant reported Q1 2026 net sales of $297.9 million, up 2.7% year-over-year, with orders increasing 10% to $327 million driven by strong demand.
Adjusted EBITDA of $29.1 million exceeded expectations and improved sequentially throughout the quarter, though it remained down year-over-year due to ERP-related costs and margin pressure.
The company reaffirmed its full-year 2026 guidance for sales of $1.24B-$1.28B and adjusted EPS of $4.70-$5.30, while returning $65.5 million to shareholders via buybacks and dividends.
• 5mo ago AI analysis › Press Release
Tennant Company Declares Regular Quarterly Cash Dividend
Tennant Company declared a regular quarterly cash dividend of $0.31 per share.
The dividend is payable on June 15, 2026, to shareholders of record at the close of business on May 29, 2026.
The company reported 2025 sales of $1.20 billion and employs approximately 4,500 people globally.
• 5mo ago AI analysis › Press Release
Tennant Company to Report First Quarter 2026 Results on May 4, 2026
Tennant Company announced that it will report its first quarter 2026 financial results after the market closes on Monday, May 4, 2026.
A conference call to discuss the results is scheduled for the following day, Tuesday, May 5, at 10:00 a.m. Eastern Time.
The call will be webcast live on the company’s investor relations website, with a replay and accompanying slides made available afterward.
• 6mo ago AI analysis › Recent SEC filings with analysis 
