Every 8-K that TENNANT COMPANY (TNC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TNC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TNC filings page.
Tennant Company reported second-quarter 2026 net sales of $324.0 million, up 1.7% year over year, but profitability weakened. Net income declined to $7.6 million and diluted EPS to $0.44. Adjusted diluted EPS fell to $0.83, and Adjusted EBITDA dropped to $35.3 million with a 10.9% margin, down 510 basis points, as gross margin slipped to 39.5% and S&A and R&D spending increased.
Orders of $339.5 million grew 6.6% year over year, building backlog to $127 million, while AMR robotics sales were about $31 million, up roughly 37%. Organic sales declined 0.5%, with growth in the Americas offset by declines in EMEA and APAC amid ERP-related production and fulfillment constraints and softer demand in several markets.
Operating cash flow for the quarter was $5.0 million, down $17.5 million from a year earlier, and year-to-date operating cash flow was $(26.2) million, contributing to a net leverage ratio of 2.0x TTM Adjusted EBITDA. Liquidity included $76.9 million of cash and $289.4 million of unused revolver capacity. Management raised 2026 net sales guidance to $1.270–$1.310 billion but lowered full-year Adjusted EBITDA guidance to $155–$170 million, with expected Adjusted EBITDA margin of 12.2%–13.0%.
Tennant Company reports that Senior Vice President and Chief Financial Officer Fay West has notified the company of her intention to retire after a successor is hired and a transition period is completed. Her retirement is expected in the second quarter of 2027, but not before April 2, 2027.
The company has begun a search for a new Chief Financial Officer and aims to name a replacement by the first quarter of 2027 to allow for an orderly handover. Tennant, a global cleaning equipment manufacturer, generated $1.20 billion in sales in 2025 and employs approximately 4,500 people worldwide.
Tennant Company has appointed Richard H. (Rusty) Zay as Chief Operating Officer, effective July 1, 2026. Zay is an internal promotion, currently serving as Senior Vice President and Chief Commercial Officer and a member of the leadership team since 2010.
To recognize his increased responsibilities and support retention, the board’s Compensation Committee approved additional equity awards with a total value of $400,000, split evenly between restricted stock units and performance-based restricted stock units on the same terms as 2026 executive grants, to be issued when the company’s quarterly trading window opens. Tennant notes it generated $1.20 billion in sales in 2025 and employs approximately 4,500 people worldwide.
Tennant Company reported first quarter 2026 results with net sales of $297.9 million, up 2.7% from $290.0 million a year earlier, driven by pricing and favorable foreign currency. Orders reached $327 million, a 10% increase, showing strong demand despite ERP-related disruption.
Profitability fell sharply. Net income was $0.2 million versus $13.1 million, and adjusted diluted EPS was $0.58 versus $1.12. Adjusted EBITDA declined to $29.1 million (9.8% margin) from $41.0 million (14.1%), pressured by ERP recovery costs, lower gross margin and higher S&A expense.
Operating cash flow was a use of $31.2 million compared with a near breakeven prior period, reflecting weaker earnings and higher working capital. Tennant repurchased $60 million of stock (about 5% of starting shares) and paid $5.5 million in dividends, lifting its net leverage ratio to 1.78x TTM adjusted EBITDA. Management reaffirmed full-year 2026 guidance, including net sales of $1.24–$1.28 billion, adjusted diluted EPS of $4.70–$5.30, and adjusted EBITDA of $175–$190 million, citing improving ERP stabilization and robust order trends.
Tennant Company reported the results of its 2026 Annual Meeting. Shareholders elected three Class I directors — Carol S. Eicher, Maria C. Green, and Donal L. Mulligan — each to a three-year term expiring in 2029.
Shareholders ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026. They also gave advisory approval to the Company’s executive compensation program. Of 18,007,425 shares entitled to vote, 16,757,583 shares, or 93.05%, were represented at the meeting.
Tennant Company reported a planned leadership change. On February 26, 2026, Senior Vice President and Chief Transformation Officer Barb Balinski, age 62, notified the company of her intention to retire effective September 3, 2026. This advance notice provides time for transition planning in the transformation leadership role.
Tennant Company reported weaker 2025 results as a troubled North America ERP go-live disrupted operations. Full-year net sales were $1,203.5 million, down 6.5%, with net income falling to $43.8 million from $83.7 million and adjusted diluted EPS dropping to $4.57 from $6.57.
In the fourth quarter, net sales declined to $291.6 million and Tennant posted a net loss of $4.4 million, with adjusted EPS of $0.48, including an estimated $0.91 per-share impact from the ERP disruption. Management estimates the ERP issues reduced Q4 net sales by roughly $30 million and adjusted EBITDA by about $22 million.
Despite the setback, Tennant generated $65.0 million in operating cash flow and $43.3 million of free cash flow, held $106.4 million in cash plus $374.3 million of unused revolver capacity, and repurchased $88.5 million of stock (about 6% of shares). For 2026, the company guides to net sales of $1.24–$1.28 billion, adjusted EPS of $4.70–$5.30, and adjusted EBITDA of $175–$190 million, expecting ERP-related inefficiencies early in the year but gradual margin improvement by mid-2026.
Tennant Company has entered a cooperation agreement with Vision One Fund that adds Patrick E. Allen to its Board and sets several governance commitments. Allen joins as a Class II director through the 2027 annual meeting and will serve on the Executive and Audit Committees.
The agreement caps the Board at no more than eleven directors until the 2027 annual meeting announcement date and requires Tennant to seek shareholder approval to declassify the Board so all directors are elected annually, by the earlier of the 2027 meeting or sixteen months from the agreement. Tennant also appointed James T. Glerum, Jr. as a Class III director through the 2028 meeting, with similar committee roles and standard non‑employee director compensation.
Vision One agreed to customary standstill, non‑disparagement and voting commitments through the cooperation agreement’s expiration date. Following these appointments, Tennant’s Board has eleven directors, ten of whom are independent.
Tennant Company plans to hold its 2026 annual meeting of shareholders on Wednesday, April 29, 2026, with the exact time to be provided in its proxy statement. The company also set February 13, 2026 as the deadline for shareholders to submit director nominations under its Restated Articles of Incorporation.
Tennant Company furnished an update on results of operations and financial condition. The company submitted a news release as Exhibit 99, dated November 3, 2025, via a Form 8-K.
The company states the information in Item 2.02 and Exhibit 99 is furnished and not deemed filed under the Exchange Act, and is not incorporated by reference into Securities Act filings. No additional financial details are included in this excerpt.
Date of Report: August 6, 2025. Registrant: Tennant Company (TNC), incorporated in Minnesota (Commission File No. 1-16191); principal office 10400 Clean Street, Eden Prairie, MN 55344; phone 763 540-1200.
Form: Current Report on Form 8-K pursuant to Section 13 or 15(d). Item 2.02: Company issued a news release attached as Exhibit 99 dated August 6, 2025; the release is furnished, not filed, for purposes of Section 18. Item 9.01: Exhibits listed are 99 (News Release) and 104 (Cover Page Interactive Data File). Registrant is not marked as an emerging growth company. Form signed by Fay West, SVP & CFO, dated August 6, 2025.