Tennant Company (TNC)

NYSE: TNC · Refrigeration & Service Industry Machinery · Eden Prairie, MN · filing with the SEC since 1994

Grade5.0

◀ Past 5.3● Present 5.3▶ Future 4.3

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 24, 2026	Feb 18, 2025	Feb 22, 2024	Feb 23, 2023	Feb 24, 2022	Feb 25, 2021	Feb 27, 2020	Feb 28, 2019	Feb 28, 2018	Mar 1, 2017
Revenue	1,203,500	1,286,700	1,243,600	1,092,200	1,090,800	1,001,000	1,137,600	1,123,500	1,003,100^r	808,572
For lenders
Net interest income	·	·	·	·	·	·	-17,800	-20,300^r	-23,000^r	-949
Cost of revenue	719,200	736,700	715,800	671,300	652,800	593,200	675,900	678,500^r	603,300^r	456,977
Gross profit	484,300	550,000	527,800	420,900	438,000	407,800	461,700	445,000^r	399,800^r	351,595
Research and development	41,200	43,800	36,600	31,100	32,200	30,100	32,700	30,700^r	32,000^r	34,738
Selling, general and administrative	374,800	391,900	352,600	306,300	321,900	314,000	357,200	356,300^r	334,800^r	248,592^r
Total operating expenses	·	·	·	·	·	344,100	389,900	387,000^r	366,800^r	283,330^r
Operating income	68,300	114,300	138,600	87,200	93,700	63,700	71,800	58,000^r	33,000^r	68,265^r
Interest expense	·	·	·	·	7,300	17,400^r	17,800^r	23,300^r	25,400^r	1,279
Interest and investment income	·	·	·	·	·	3,300	3,300	3,000^r	2,400^r	330
Interest income (expense), net	-9,000	-9,100	-13,500	-7,100	-7,300	-17,400	·	·	·	·
Share of profit of equity-method investments	·	·	·	·	·	·	0	0	0	0
Other income (expense), net	300	-500	-1,600	600	-300	100	700	-800^r	-7,900^r	-433^r
Total non-operating income (expense)	·	·	·	·	·	-22,600	-17,800	-22,200^r	-34,300^r	-1,774^r
Income before income taxes	57,900	104,800	123,800	79,500	74,100	41,100	54,000	35,800^r	-1,300^r	66,491
Income tax expense	14,100	21,100	14,300	13,200	9,200	7,400	8,100	2,300^r	4,900^r	19,877
Net income including non-controlling interests	43,800	83,700	109,500	66,300	64,900	33,700	45,900	33,500^r	-6,200^r	46,614
Net income to non-controlling interests	·	·	·	·	0	0	100	100^r	0^r	0
Net income	43,800	83,700	109,500	66,300	64,900	33,700	45,800	33,400^r	-6,200^r	46,614
Earnings per share, basic	2.38	4.46	5.92	3.58	3.51	1.84	2.53	1.86	-0.35	2.66
Earnings per share, diluted	2.36	4.38	5.83	3.55	3.44	1.81	2.48	1.82	-0.35	2.59
Weighted average shares, basic	18,366,216	18,786,871	18,509,523	18,494,356	18,499,674	18,349,724	18,118,486	17,940,438	17,695,390	17,523,267
Weighted average shares, diluted	18,579,707	19,096,138	18,783,633	18,697,255	18,849,217	18,635,002	18,453,145	18,338,569	17,695,390	17,976,183

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
us-gaap:SalesRevenueNet

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton TNC · research, not advice