Tennant Company
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $324.0M | $297.9M | $291.6M | $303.3M | $318.6M | $290.0M | $328.9M | $315.8M |
| Cost of Revenue | $196.1M | $184.3M | $190.8M | $173.9M | $184.5M | $170.0M | $192.9M | $182.0M |
| Gross Profit | $127.9M | $113.6M | $100.8M | $129.4M | $134.1M | $120.0M | $136.0M | $133.8M |
| Gross Margin | 39.5% | 38.1% | 34.6% | 42.7% | 42.1% | 41.4% | 41.3% | 42.4% |
| Operating Expenses | ||||||||
| Research & Development | $12.5M | $10.6M | $11.2M | $10.5M | $9.8M | $9.7M | $12.0M | $10.5M |
| SG&A Expense | $99.5M | $98.1M | $93.8M | $96.6M | $93.7M | $90.7M | $116.4M | $92.7M |
| Operating Income | $15.9M | $4.9M | $-4.2M | $22.3M | $30.6M | $19.6M | $7.6M | $30.6M |
| Operating Margin | 4.9% | 1.6% | -1.4% | 7.4% | 9.6% | 6.8% | 2.3% | 9.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $10.3M | $900.0K | $-6.0M | $19.4M | $27.3M | $17.2M | $5.3M | $27.5M |
| Income Tax Expense | $2.7M | $700.0K | $-1.6M | $4.5M | $7.1M | $4.1M | $-1.3M | $6.7M |
| Net Income | $7.6M | $200.0K | $-4.4M | $14.9M | $20.2M | $13.1M | $6.6M | $20.8M |
| Net Margin | 2.3% | 0.1% | -1.5% | 4.9% | 6.3% | 4.5% | 2.0% | 6.6% |
| EPS (Basic) | $0.44 | $0.01 | $-0.23 | $0.81 | $1.10 | $0.70 | $0.36 | $1.11 |
| EPS (Diluted) | $0.44 | $0.01 | $-0.21 | $0.80 | $1.08 | $0.69 | $0.35 | $1.09 |
| Shares Outstanding (Basic) | 16.9M | 17.6M | 18.4M | 18.3M | 18.5M | 18.7M | 18.8M | 18.8M |
| Shares Outstanding (Diluted) | 17.2M | 17.8M | 18.6M | 18.5M | 18.7M | 19.0M | 19.1M | 19.1M |
| Dividends Per Share | $0.31 | $0.31 | — | — | $0.30 | $0.30 | $0.30 | $0.28 |