Tennant Q2 FY26 net income drops 62.4% to $7.6 million; net sales rise 1.7% to $324 million

Reuters2026/08/05 23:00

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Tennant posted Q2 2026 net income of USD 7.6 million, down 62.4%, as net sales rose 1.7% to USD 324 million.
Adjusted EBITDA fell 30.8% to USD 35.3 million; margin slid 5.1 percentage points to 10.9% on residual ERP inefficiencies, EMEA pressure.
Orders climbed 6.6% to USD 339.5 million; backlog built to USD 127 million, pointing to continued demand.
AMR sales rose 37% to about USD 31 million, keeping momentum toward a USD 250 million AMR revenue target by 2028.
Full-year net sales outlook lifted to USD 1.27-1.31 billion; adjusted EBITDA view cut to USD 155-170 million on slower margin recovery.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tennant Company published the original content used to generate this news brief via Business Wire (Ref. ID: 202608051813BIZWIRE_USPR_____20260805_BW902602) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Tennant Q2 FY26 net income drops 62.4% to $7.6 million; net sales rise 1.7% to $324 million

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