TENNANT CO (TNC) Form 8-K — Nov 2, 2026
Tennant Company reported Q3 2026 net sales of $322.3 million, up 6.2% year over year and a third-quarter record, with orders up 9.5% and GAAP diluted EPS of $1.12 versus $0.80 a year ago. Adjusted EPS of $1.40 declined 4.1% as tariff-related cost pressures, parts shortages, and higher ERP and robotics investment offset volume gains; adjusted EBITDA was $48.8 million (15.1% margin), down 130 bps year over year but up 420 bps sequentially. Robotics sales of $37.3 million surged 71%, and backlog stood at roughly $118 million.
Key figures
- Eps
- 1.12
- Revenue
- 322.3
- Guidance
- FY2026: net sales $1,270-$1,310M, organic growth 3.5%-7.0%, diluted EPS $2.15-$2.80, adjusted diluted EPS $3.80-$4.45, adjusted EBITDA $155-$170M
- Net Income
- 19.5
- Revenue Yoy
- 6.2%
- Cash Position
- 75.3
- Backlog
- 118
- Adjusted eps
- 1.4
- Gross margin
- 42.3%
- Order growth
- 9.5%
- Robotics sales
- 37.3
- Adjusted ebitda
- 48.8
- Robotics growth
- 71%
- Net leverage ratio
- 2.0x
- Adjusted ebitda margin
- 15.1%
- Operating cash flow q3
- 11.9
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