Tennant Company reported net sales of $303.3 million for the third quarter ended September 30, 2025, a decrease of 4.0% from $315.8 million in the same period in 2024. Net income for the quarter was $14.9 million, down 28.4% from $20.8 million last year. Diluted earnings per share were $0.80, compared to $1.09 in the third quarter of 2024, representing a 26.6% decrease. For the first nine months of 2025, net sales totaled $911.9 million, a 4.8% decline from $957.8 million in 2024, and net income was $48.2 million, down 37.5% from $77.1 million a year earlier. The company generated $28.7 million in cash flow from operating activities during the third quarter, a decrease of $2.0 million from the prior year, and free cash flow was $22.3 million. Tennant reported a 5.4% organic sales decline in the quarter and noted a 2% year-over-year increase in orders. Adjusted EBITDA margin rose to 16.4%, up by 1.2 percentage points. The company attributed margin improvement to gross margin expansion and S&A leverage but noted headwinds from tariff-driven inflation and softer demand in some sectors.
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: 20251103427984) on November 03, 2025, and is solely responsible for the information contained therein.
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