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TENNANT COMPANY (TNC) Stock News, Apr-Oct 2025

TNC NYSE

Tennant Company reports developments in floor-care equipment, cleaning solutions and autonomous professional cleaning robots for industrial, commercial and outdoor environments. News commonly covers launches such as robotic scrubbers and sweepers, sustainable cleaning technologies, cleaning tools and supplies, and the sales and service model that supports customers through direct channels, distributors and field service.

Company updates also include quarterly results, order trends, operational items such as ERP system recovery, robotics partnerships, regular cash dividends and share repurchase authorizations. Tennant’s recurring announcements connect product innovation with capital allocation and the operating performance of a long-established cleaning-equipment manufacturer.

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Tennant Company (NYSE: TNC) announced a quarterly cash dividend increase to $0.31 per share, representing a 5.1% rise. The dividend is payable December 15, 2025 to shareholders of record at the close of business on November 28, 2025. This marks Tennant's 54th consecutive annual dividend increase and continues a cash-dividend streak of 81 consecutive years.

Tennant reported $1.29 billion in sales in 2024 and emphasizes disciplined cash management and capital-allocation priorities to support returning capital to shareholders.

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Tennant Company (NYSE: TNC) will report third quarter 2025 financial results after market close on November 3, 2025. A conference call will follow at 10:00 a.m. ET / 9:00 a.m. CT on November 4, 2025, with a live webcast and replay available at the company investor website.

Tennant, headquartered in Eden Prairie, Minnesota, designs and manufactures cleaning equipment and sustainable cleaning technologies. The company reported $1.29 billion in sales for 2024 and has approximately 4,500 employees, with direct sales in 21 countries and distributor presence in more than 100 countries.

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Tennant Company (NYSE: TNC) launched the T360, a mid-sized self-propelled walk-behind scrubber available October 14, 2025. The T360 features a 28-inch (700 mm) scrub head, one-button Stop-Start controls, magnetic-assisted brush/pad change, and a large recovery tank opening for simplified maintenance.

It uses a maintenance-free GEL battery for up to 3 hours runtime, an off-board charger, parabolic squeegee with Linatex blades for improved water pickup, and is positioned for retail, education, hospitality, and healthcare use.

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Tennant Company (NYSE:TNC) reported Q2 2025 financial results with net sales of $318.6 million, representing a 3.7% decrease from Q2 2024. Despite the sales decline, order rates increased 4.0% year-over-year, marking the fifth consecutive quarter of order growth. The company achieved Adjusted EBITDA of $51.0 million with a 16.0% margin.

Key highlights include a net income of $20.2 million and diluted EPS of $1.08. The company returned $18.8 million to shareholders through dividends ($5.4M) and share repurchases ($13.4M). Tennant reaffirmed its 2025 guidance and announced the launch of the Z50 Citadel™ Outdoor Sweeper, marking its entry into the outdoor sweeping market.

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Tennant Company (NYSE: TNC), a global leader in surface maintenance equipment and cleaning solutions, has declared a quarterly cash dividend of $0.295 per share. The dividend will be payable on September 15, 2025, to shareholders of record as of August 29, 2025.

Founded in 1870, Tennant Company reported sales of $1.29 billion in 2024 and employs approximately 4,500 people globally. The company maintains manufacturing operations worldwide and sells products directly in 21 countries, with distributor presence in over 100 countries.

[ "Regular quarterly dividend maintained at $0.295 per share", "Strong global presence with direct sales in 21 countries and distribution in over 100 countries", "Substantial annual revenue of $1.29 billion in 2024" ]
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Tennant Company (NYSE: TNC), a global leader in cleaning equipment and solutions, has scheduled its second quarter 2025 financial results announcement for August 6, 2025, after market close. A conference call will follow on August 7, 2025, at 10:00 a.m. Eastern Time.

Founded in 1870, Tennant specializes in surface maintenance equipment and sustainable cleaning technologies. The company reported sales of $1.29 billion in 2024 and employs approximately 4,500 people globally. Tennant maintains direct sales operations in 21 countries and distributor relationships in over 100 countries.

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Tennant Company (NYSE: TNC) has launched its new Z50 Citadel™ Outdoor Sweeper, designed for industrial and municipal cleaning applications. The sweeper features the innovative TwinLift Debris Management System (DMS), which combines mechanical and vacuum technologies to effectively handle various debris types.

The Z50 Citadel includes advanced features such as a 10-inch touchscreen, real-time diagnostics, and safety features like PerformanceView™ cameras. The machine's air filtration is certified to EUnited PM 2.5 and PM 10 4-Star standards, demonstrating its commitment to environmental protection and operator safety.

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Tennant Company (NYSE: TNC) has achieved a significant milestone by selling its 10,000th autonomous mobile robot (AMR), highlighting the growing global adoption of robotic cleaning technology. The company's journey in robotics began in 2018 with the T7AMR and has evolved to include multiple innovative models like the T380AMR, T16AMR, and the recent X4 and X6 ROVR scrubbers. In 2024, Tennant strengthened its position through a $32 million investment and exclusive partnership with Brain Corp. The company's success is attributed to its comprehensive approach, combining technological innovation with strong customer support and implementation services. Tennant reported sales of $1.29 billion in 2024 and employs approximately 4,500 people globally, maintaining a strong presence in over 100 countries through direct sales and distributors.
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Tennant Company reported Q1 2025 financial results with net sales of $290 million, showing a 6.8% decrease from Q1 2024. The decline was primarily due to lapping a $50 million backlog-reduction benefit from the previous year. Despite lower sales, order rates increased by 13% compared to Q1 2024.

Key financial metrics include:

  • Net income decreased 53.9% to $13.1 million
  • Adjusted EBITDA fell to $41 million, with margin at 14.1%
  • Diluted EPS dropped to $0.69 from $1.49

The company returned $25.8 million to shareholders through dividends ($5.6 million) and share repurchases ($20.2 million). Despite macroeconomic uncertainties and tariff challenges, Tennant reaffirmed its 2025 guidance, projecting net sales of $1,210-$1,250 million and organic sales decline of 1.0-4.0%.

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Tennant Company (NYSE: TNC) has announced a quarterly cash dividend of $0.295 per share, payable June 16, 2025, to shareholders of record as of May 30, 2025.

Founded in 1870 and headquartered in Eden Prairie, Minnesota, Tennant is a global leader in surface maintenance and cleaning solutions. The company reported sales of $1.29 billion in 2024 and employs approximately 4,500 people worldwide.

Key business highlights:

  • Manufactures equipment for industrial, commercial, and outdoor surface maintenance
  • Offers sustainable cleaning technologies and supplies
  • Operates the industry's most extensive global field service network
  • Sells products directly in 21 countries
  • Maintains distributor presence in over 100 countries
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FAQ

What is the current stock price of TENNANT (TNC)?

TENNANT (TNC) last closed at $66.02.

What is the market cap of TENNANT (TNC)?

The market cap of TENNANT (TNC) is approximately $1.1B.