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.
Key figures
- Eps
- 0.01
- Revenue
- 297900000
- Guidance
- 2026 Net sales $1.24B-$1.28B; Adjusted diluted EPS $4.70-$5.30; Adjusted EBITDA $175M-$190M
AI analysis
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