Filing Flows › Tennant (TNC) › Q3 2026 › vs Q3 2025
Tennant (TNC) Q3 2026 vs Q3 2025 (year over year)
Tennant's revenue rose $19.0M (+6%) from $303M in Q3 2025 to $322M in Q3 2026. The biggest changes: Equipment +$14.0M (+8%); Service and other +$9.4M (+17%); Parts and consumables −$4.4M (-6%). Gross margin 42.3% against 42.7% (-0.4 pts).
Tennant, Q3 2026: revenue $322M (+6% year over year), operating margin 9.7%, net earnings $19.5M, operating cash flow $11.9M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 42.3% | 42.7% | -0.4 pts |
| Operating margin | 9.7% | 7.4% | +2.3 pts |
| Net margin | 6.1% | 4.9% | +1.1 pts |
| Free cash flow margin | 1.6% | 7.4% | -5.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Equipment | $193M | $179M | $14.0M | +8% |
| Parts and consumables | $65.3M | $69.7M | −$4.4M | -6% |
| Service and other | $63.6M | $54.2M | $9.4M | +17% |
| Revenue | $322M | $303M | $19.0M | +6% |
| Gross profit | $136M | $129M | $6.9M | +5% |
| Cost of revenue | $186M | $174M | $12.1M | +7% |
| Operating profit | $31.2M | $22.3M | $8.9M | +40% |
| Operating expenses | $105M | $107M | −$2.0M | -2% |
| Pre-tax earnings | $25.9M | $19.4M | $6.5M | +34% |
| Other expense, net | $5.3M | $2.9M | $2.4M | +83% |
| Research & development | $12.4M | $10.5M | $1.9M | +18% |
| SG&A | $92.7M | $96.6M | −$3.9M | -4% |
| Net earnings | $19.5M | $14.9M | $4.6M | +31% |
| Income tax | $6.4M | $4.5M | $1.9M | +42% |
| Operating cash sources | $35.6M | $32.4M | $3.2M | +10% |
| Depreciation & amortization | $14.6M | $14.7M | −$100K | -0.7% |
| Share-based compensation | $1.5M | $2.8M | −$1.3M | -46% |
| Working capital & other | $23.7M | $3.7M | $20.0M | +541% |
| Operating cash flow | $11.9M | $28.7M | −$16.8M | -59% |
| Free cash flow (OCF − capex) | $5.2M | $22.3M | −$17.1M | -77% |
| Capital expenditures | $6.7M | $6.4M | $300K | +5% |
Questions
How much did Tennant's revenue grow year over year in Q3 2026?
Tennant's revenue rose $19.0M (+6%) from $303M in Q3 2025 to $322M in Q3 2026.
What drove Tennant's revenue change in Q3 2026?
Equipment +$14.0M (+8%); Service and other +$9.4M (+17%); Parts and consumables −$4.4M (-6%).