Tennant Company (TNC) — Financial statements
Income statement, balance sheet, and cash flow for Tennant Company — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,204↓6.5% | 1,287↑3.5% | 1,244↑13.9% | 1,092↑0.1% | 1,091 | |
| Cost of Revenue | 719↓2.4% | 737↑2.9% | 716↑6.6% | 671↑2.8% | 653 | |
| Gross Profit | 484↓11.9% | 550↑4.2% | 528↑25.4% | 421↓3.9% | 438 | |
| Operating Expenses | ||||||
| R&D Expenses | 41↓5.9% | 44↑19.7% | 37↑17.7% | 31↓3.4% | 32 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 375↓4.4% | 392↑11.1% | 353↑15.1% | 306↓4.8% | 322 | |
| Other Expenses | 0.00 | 0.00 | 0.00↑100.0% | -4↑62.2% | -10 | |
| Operating Expenses | 416↓4.5% | 436↑11.9% | 389↑16.6% | 334↓3.1% | 344 | |
| Total Costs & Expenses | 1,135↓3.2% | 1,172↑6.1% | 1,105↑10.0% | 1,005↑0.8% | 997 | |
| Operating Results | ||||||
| Operating Income | 68↓40.2% | 114↓17.5% | 139↑58.9% | 87↓6.9% | 94 | |
| Depreciation & Amortization | 59↑6.5% | 55↑7.8% | 51↑4.9% | 49↓8.3% | 53 | |
| EBITDA | 126↓25.7% | 169↓10.3% | 188↑39.2% | 135↑0.6% | 135 | |
| EBIT | 67↓41.3% | 114↓17.0% | 137↑58.5% | 87↑6.4% | 81 | |
| Interest & Other Income | ||||||
| Net Interest Income | -9↑1.1% | -9↑32.6% | -14↓90.1% | -7↑2.7% | -7 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 9↓1.1% | 9↓32.6% | 14↑90.1% | 7↓2.7% | 7 | |
| Non-Operating Income | 1↑250.0% | 0.40↓69.2% | 1↑116.7% | 0.60↓95.1% | 12 | |
| Other Income / Expenses | -10↓9.5% | -10↑35.8% | -15↓92.2% | -8↑60.7% | -20 | |
| Income Before Tax | 58↓44.8% | 105↓15.3% | 124↑55.7% | 80↑7.3% | 74 | |
| Income Tax Expense | 14↓33.2% | 21↑47.6% | 14↑8.3% | 13↑43.5% | 9 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 44↓47.7% | 84↓23.6% | 110↑65.2% | 66↑2.2% | 65 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 44↓47.7% | 84↓23.6% | 110↑65.2% | 66↑2.2% | 65 | |
| Bottom-Line Net Income | 44↓47.7% | 84↓23.6% | 110↑65.2% | 66↑2.2% | 65 | |
| EPS (Basic) | 2.38↓46.6% | 4.46↓24.7% | 5.92↑65.4% | 3.58↑2.0% | 3.51 | |
| EPS (Diluted) | 2.36↓46.1% | 4.38↓24.9% | 5.83↑64.2% | 3.55↑3.2% | 3.44 | |
| Weighted Average Shares | 18↓2.2% | 19↑1.5% | 19↑0.1% | 18↓0.0% | 18 | |
| Weighted Average Diluted Shares | 19↓2.7% | 19↑1.7% | 19↑0.5% | 19↓0.8% | 19 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.