$TNC

TENNANT CO

AlphAI earnings readsecond quarter of 2026 · AUG 5Order Growth and Robotics Momentum Continued as Margin Recovery Progressed More Slowly Than ExpectedVerdict: mixed

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Tennant’s (TNC) Orders Are Surging While Its Margins Keep Sliding

Tennant Company (TNC) reported Q2 2023 results with orders up 6.6% to $339.5M and robotics sales up 37% to $31M. However, net income fell 62.4% to $7.6M and Adjusted EBITDA dropped 30.8% to $35.3M. Management raised full-year sales guidance to $1.27B-$1.31B but lowered Adjusted EBITDA guidance to $155M-$170M due to cost pressures.

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News on $TNC

Score
$TNCHighAI 8/10

Tennant’s (TNC) Orders Are Surging While Its Margins Keep Sliding

Tennant Company (TNC) reported Q2 2023 results with orders up 6.6% to $339.5M and robotics sales up 37% to $31M. However, net income fell 62.4% to $7.6M and Adjusted EBITDA dropped 30.8% to $35.3M. Management raised full-year sales guidance to $1.27B-$1.31B but lowered Adjusted EBITDA guidance to $155M-$170M due to cost pressures.

$TNCLow

Tennant (TNC) Slides On Valuation Debate, Is The Pullback A Buying Opportunity?

Tennant (TNC) stock has declined 18% over the past month and 19% over the past 3 months. Analysts debate its valuation, with some arguing it is undervalued at $69.58, citing a fair value of $93.50, while others point to high P/E ratios and market risks. The company's growth in autonomous robots and equipment-as-a-service programs is noted, but international market exposure poses challenges.

$TNCMedAI 8/10

Tennant Q2 Earnings Call Highlights

Tennant (NYSE:TNC) reported Q2 supply-chain disruptions tied to ERP demand-signal issues and North America demand pressure. Robotics revenue rose 37% to about $31M in Q2, and first-half robotics revenue rose 56% to $58M. Management expects Q3 parts availability improving mid-quarter. Full-year guidance: net sales $1.27B-$1.31B, adjusted EBITDA $155M-$170M, GAAP EPS $2.15-$2.80.

Tennant Company Reports Second Quarter 2026 Results

TENNANT CO (TNC) filed an SEC Form 8-K — Results of Operations and Financial Condition. Page 1 – Tennant Company Reports Second Quarter 2026 Results Tennant Company Reports Second Quarter 2026 Results Order Growth and Robotics Momentum Continued as Margin Recovery Progressed More Slowly Than Expected Net Sales of $324 Million, a 1.7% Increase over Prior-Year Period

Tennant (TNC) Q2 Earnings: What To Expect

Tennant Company (TNC) is set to report Q2 results Wednesday. Last quarter, it reported revenue of $297.9 million, up 2.7% YoY, and beat analysts on revenue, EPS, and EBITDA. For the upcoming quarter, analysts expect revenue growth of 3.4% YoY. Tennant has missed revenue estimates multiple times in two years; its average price target is $93.50 vs $85.90.

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