Tennant Company (TNC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1.2B	1.2B	1.3B	1.2B	1.1B
Cost of Revenue	745.1M	719.2M	736.7M	715.8M	671.3M
Gross Profit	471.7M	484.3M	550.0M	527.8M	420.9M
Operating Expenses
R&D Expense	44.8M	41.2M	43.8M	36.6M	31.1M
SG&A Expense	288.5M	374.8M	391.9M	352.6M	306.3M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	99.5M	—	—	—	(3.7M)
Total Operating Expenses	432.8M	416.0M	435.7M	389.2M	333.7M
Cost and Expenses	1.2B	1.1B	1.2B	1.1B	1.0B
Operating Income (EBIT)	38.9M	68.3M	114.3M	138.6M	87.2M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	12.2M	9.0M	9.1M	13.5M	7.1M
Net Interest Income	(12.2M)	(9.0M)	(9.1M)	(13.5M)	(7.1M)
Other Non-Op Income/Expense	(14.3M)	(10.4M)	(9.5M)	(14.8M)	(7.7M)
Non-Operating Income (excl Interest)	2.1M	1.4M	400.0K	1.3M	600.0K
EBT (Pre-Tax Income)	24.6M	57.9M	104.8M	123.8M	79.5M
Income Tax Expense	6.3M	14.1M	21.1M	14.3M	13.2M
Bottom Line
Net Income	18.3M	43.8M	83.7M	109.5M	66.3M
Earnings from Cont. Ops	18.3M	43.8M	83.7M	109.5M	66.3M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	18.3M	43.8M	83.7M	109.5M	66.3M
Per Share
Basic EPS	$1.00	$2.38	$4.46	$5.92	$3.58
Diluted EPS	$1.00	$2.36	$4.38	$5.83	$3.55
Revenue Per Share	$72.01	$65.53	$68.49	$67.19	$59.06
Shares
Basic Shares Outstanding	16.9M	18.4M	18.8M	18.5M	18.5M
Diluted Shares Outstanding	17.2M	18.6M	19.1M	18.8M	18.7M
Profitability Metrics
EBITDA	97.4M	125.6M	169.0M	188.4M	135.3M
D&A	60.6M	58.7M	55.1M	51.1M	48.7M
EBIT	36.8M	66.9M	113.9M	137.3M	86.6M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026