Tennant Company · NYSE:TNC
Tennant — Q3 2026 Earnings Presentation
19 slides from Tennant's earnings presentation, Nov 3, 2026
Slide 1: Q3 2026 Results
Q3 2026 Results Earnings Release Call November 3, 2026 www.investors.tennantco.com
Slide 2: Safe Harbor Statement
Tennant Company Safe Harbor Statement Certain statements contained in this document are considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act. These statements do not relate to strictly historical or current facts and provide current expectations
Slide 3: Third Quarter Highlights
Third Quarter 2026 Results Third Quarter Highlights Net Sales Order Momentum Continues $322.3M ► Orders grew 9.5% year over year, led by North America (+18%) on +5.7% Organic Growth strength in robotics and industrial products ► Backlog of ~$118 million exiting the quarter provides good visibility i
Slide 4: ERP: From Recovery to Optimization
Tennant Company ERP: From Recovery to Optimization Optimization Under Way ERP Inefficiencies Sharply Reduced ► Core processes operating as intended; customer experience ► Fewer manual workarounds as cross-functional teams address master insulated data and planning gaps ► System deployments paused si
Slide 5: TNC Robotics: Growth Accelerating, Portfolio Expanding
Tennant Company TNC Robotics: Growth Accelerating, Portfolio Expanding ‘25 Robotics Revenue ~$85M ‘28 Target $250M (~50% CAGR) X4 & X6 ROVR led Q3 growth X4 ROVR X6 ROVR Launched first Autonomous Floor Autonomous Floor Scrubber Scrubber autonomous vacuum, reaching new segments TNC Earnings Release C
Slide 6: Financial Results
FINANCIAL RESULTS Third Quarter 2026 Tennant Company Earnings Release Call www.investors.tennantco.com
Slide 7: Third-Quarter 2026 Financial Performance
Tennant Company Third- Quarter 2026 Financial Performance Third-quarter net income of $19.5M, Net Income In millions of USD Adjusted EPS* compared to $14.9M in the prior year ► Diluted EPS of $1.12 vs. $0.80, benefiting from lower ERP modernization costs and the $19.5 $1.46 absence of prior-year leg
Slide 8: Third-Quarter 2026 Results
Tennant Company Third- Quarter 2026 Results Net Sales Adjusted EBITDA* $12 M $1.2 M $0.4 M $322 M $6 M $5 M $5 M $50 M $6 M $49 M $303 M ($10 M) ($8 M) Q3'25 Price Volume Acquisitions FX Q3'26 Net Sales Net Sales Q3'25 Price Volume COGS S&A / Other Tariff Refund Q3'26 Adj. EBITDA Adj. EBITDA By Regi
Slide 9: Capital Deployment
Tennant Company Capital Deployment Cash Flow YE 2025 Q3 2026 $12 M Total Debt $273.6M $358.7M ($7 M) Net Debt $167.2M $283.4M $77 M ($5 M) $75 M ($2 M) Net Leverage* 1.0x 2.0x Q2'26 Cash Operating CapEx Dividends Other Q3'26 Cash Revolver Availability $289.4M Cash Flow TNC Earnings Release Call | Th
Slide 10: Full-Year Guidance
$1.270B - $1.310B Net Sales 3.5% - 7.0% Organic Net Sales Growth $2.15 - $2.80 Diluted EPS $3.80 - $4.45 Full-Year Adjusted Diluted EPS(1) Guidance $155M - $170M TNC Earnings Release Call | Third Quarter 2026 Adjusted EBITDA(1) 12.2% - 13.0% Adjusted EBITDA Margin(1) ~$25M Capital Expenditures (1) N
Slide 11: www.investors.tennantco.com
www.investors.tennantco.com
Slide 12: Thank You
www.investors.tennantco.com THANK YOU TNC Earnings Release Call | Third Quarter 2026 12
Slide 13: Appendix
APPENDIX Third Quarter 2026 Tennant Company Earnings Release Call www.investors.tennantco.com
Slide 14: Non-GAAP Financial Measures
Tennant Company Non- GAAP Financial Measures This presentation and the related conference call include presentation of Non-GAAP measures that include or exclude special items of a nonrecurring and/or nonoperational nature (hereinafter referred to as “special items”). Management believes that the Non
Slide 15: Supplemental Non-GAAP Financial Tables
Tennant Company SUPPLEMENTAL NON- GAAP FINANCIAL TABLES TNC Earnings Release Call | Third Quarter 2026 15
Slide 16: Supplemental Non-GAAP Financial Tables
Tennant Company SUPPLEMENTAL NON- GAAP FINANCIAL TABLES TNC Earnings Release Call | Third Quarter 2026 16
Slide 17: Supplemental Non-GAAP Financial Tables
Tennant Company SUPPLEMENTAL NON- GAAP FINANCIAL TABLES TNC Earnings Release Call | Third Quarter 2026 17
Slide 18: Supplemental Non-GAAP Financial Tables
Tennant Company SUPPLEMENTAL NON- GAAP FINANCIAL TABLES TNC Earnings Release Call | Third Quarter 2026 18
Slide 19: Supplemental Non-GAAP Financial Tables
Tennant Company SUPPLEMENTAL NON- GAAP FINANCIAL TABLES TNC Earnings Release Call | Third Quarter 2026 19