How does Tennant (TNC) make money?

Tennant (TNC) generates revenue primarily from Equipment Sales, which accounted for 59.4% of total revenue in TTM through Q1 2026. The company reported $1.21B in revenue and converted 2.6% of it into net profit, equivalent to roughly $30.90M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Tennant (TNC)?

Tennant (TNC) reported a gross profit margin of 39.5% in TTM through Q1 2026, equivalent to $477.90M in gross profit on $1.21B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Tennant (TNC)?

Tennant (TNC) reported an operating profit margin of 4.4% in TTM through Q1 2026, equivalent to $53.60M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Tennant (TNC)?

Tennant (TNC) reported a net profit margin of 2.6% in TTM through Q1 2026, equivalent to $30.90M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Tennant (TNC) profitable?

Yes. Tennant (TNC) reported $30.90M in net income for TTM through Q1 2026, with a net profit margin of 2.6%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Tennant (TNC) invest in research and development?

Tennant (TNC) invested $42.10M in research and development during TTM through Q1 2026, roughly 3.5% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does Tennant (TNC) spend on capital expenditures?

Tennant (TNC) spent $18.20M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 1.5% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Tennant (TNC) generate?

Tennant (TNC) generated $16.00M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 1.3%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Tennant (TNC)?

Tennant (TNC) had an effective tax rate of 25.7% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Tennant (TNC)?

Tennant (TNC) reports revenue across 3 reportable product segments, led by Equipment Sales at 59.4% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does Tennant (TNC) generate most of its revenue?

Americas is the largest geographic market for Tennant (TNC), accounting for 65.1% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Tennant Makes Money: 2026 Visual Revenue Map

Tennant (TNC) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 5, 2026).

Tennant (TNC) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Tennant (TNC) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Equipment Sales	$720.00M	59.4%
Parts and Consumables	$272.90M	22.5%
Service and Other	$218.50M	18%
Total	$1.21B	100%

Equipment Sales$720.00M
Parts and Consumables$272.90M
Service and Other$218.50M
Total$1.21B

Tennant (TNC) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Tennant (TNC), TTM through Q1 2026
Region	Revenue (USD)	% of total
Americas	$788.70M	65.1%
EMEA	$345.50M	28.5%
Asia Pacific	$77.20M	6.4%
Total	$1.21B	100%

Americas
EMEA
Asia Pacific
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Tennant (TNC) reports revenue across 3 operating segments; the largest segment was Equipment Sales at 59.4%, followed by Parts and Consumables (22.5%) and Service and Other (18%). Separately, by end-market geography, Americas accounted for 65.1% of revenue, followed by EMEA (28.5%) and Asia Pacific (6.4%).

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