Short answer
TENNANT CO (TNC) filed its fiscal 2025 10-K annual report with the SEC on Feb 24, 2026. It reported revenue of $1.2B (−6.5% year over year) and net income of $44M.
- Top risk flagged: Regulatory/legal risk: Tariffs implemented in H2 2025 causing ongoing margin pressure, partially offset by pricing and supply chain initiatives
FY2025 key financial metrics · XBRL
- Revenue
- $1.2B
- −6.5% YoY
- Net income
- $44M
- −47.7% YoY
- Operating margin
- 5.7%
- −3.2 pp YoY
- Gross margin
- 40.2%
- −2.5 pp YoY
- EPS (diluted)
- $2.36
- −46.1% YoY
- ROE
- 7.3%
- −6.2 pp YoY
- Operating cash flow
- $65M
- −27.5% YoY
Source: XBRL data from the TENNANT CO (TNC) FY2025 10-K on SEC EDGAR. USD.
TENNANT CO FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business: Design, manufacture, sale, and servicing of mechanized floor cleaning equipment globally
- Emphasis on robotic cleaning solutions and asset management tech, including IRIS®, ReadySpace®, and ec-H2O NanoClean®
- Strategic focus on innovation, sustainability, and expanding autonomous product portfolio under Chief Transformation Officer appointed 2024
- Employee base of 4,484 worldwide as of Dec 31, 2025, with 40.4% in U.S., and gender pay equity at 99.4% of male income in U.S.
- Direct sales in 21 countries and distribution network in 100+ countries, highlighting global geographic expansion and supply chain resilience initiatives
Management Discussion & Analysis
- No management outlook, guidance, or emerging risk commentary included
Risk Factors
- Regulatory/legal risk: Tariffs implemented in H2 2025 causing ongoing margin pressure, partially offset by pricing and supply chain initiatives
- Geopolitical/macro risk: 2025 foreign currency loss $1.7M mainly from increased exposure to Brazilian Real versus U.S. dollar
- Operational risk: North America ERP implementation late 2025 caused operational inefficiencies and manufacturing shutdown impacting Q1 2026 sales and costs
- Competitive risk: Investments in robotics and autonomous solutions to address market disruption threats and sustain technology leadership
- Financial risk: Debt-to-capital ratio increased to 31.2% in 2025 from 24.3% in 2024, reflecting higher leverage and interest expense management
Generated from the filing text; verify against the original. How to read a 10-K
Ask about this 10-K
Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.