Filing Flows › Tennant (TNC) › Q2 2026
Tennant (TNC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Tennant (TNC) reported revenue of $324M for the second quarter 2026 (Q2 2026), +2% from a year earlier and +9% from the quarter before. Operating margin was 4.9%, net earnings $7.6M (2.3% of revenue).
Tennant, Q2 2026: revenue $324M (+2% year over year), operating margin 4.9%, net earnings $7.6M, operating cash flow $5.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $324M | +9% | +2% |
| Gross profit | $128M | +13% | -5% |
| Operating profit | $15.9M | +224% | -48% |
| Net earnings | $7.6M | 38× | -62% |
| Operating cash flow | $5.0M | — | -78% |
What changed
Revenue was $324.0M in Q2 2026, up 2% year over year and up 9% from the previous quarter. Equipment was the largest line at 60% of revenue. Service and other added $10.0M year over year (up 19%), 185% of the total change. Parts and consumables declined 2%.
Gross margin was 39.5%, down 2.6 points from Q2 2025. Operating profit was $15.9M, a 4.9% margin (down 4.7 points year over year). Operating profit fell $14.7M even though revenue rose $5.4M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 8% against revenue growth of 2%. The fastest-growing cost line was Research & development (+28%). Net earnings were $7.6M, down 62% year over year. The effective tax rate was 26.2%.
Operating cash flow was $5.0M (down 78% year over year), 66% of net earnings. Non-cash charges added back $15.0M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $19.7M. Capital expenditures of $5.3M exceeded it, leaving free cash flow of −$300K.
Questions
What was Tennant's revenue in the second quarter 2026?
Tennant (TNC) reported revenue of $324M for the second quarter 2026 (Q2 2026), +2% from a year earlier and +9% from the quarter before.
Was Tennant profitable in the second quarter 2026?
Operating profit was $15.9M (4.9% of revenue) and net earnings $7.6M.
Source: Tennant 10-Q on SEC EDGAR.