Tennant Company · NYSE:TNC
Tennant — Q2 2026 Earnings Presentation
20 slides from Tennant's earnings presentation, Aug 6, 2026
Slide 1: Q2 2026 Results
Q2 2026 Results Earnings Release Call August 6, 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: Second Quarter Highlights
Second Quarter 2026 Results Second Quarter Net Sales Highlights $324.0M Order Momentum Continues -0.5% Organic Decline ► Orders of $339.5 million grew 6.6% year over year, with growth across most regions ► Backlog grew $18 million during the quarter to $127 million, as order Adj. EBITDA* entry outpa
Slide 4: ERP North America Recovery
Tennant Company ERP North America Recovery Stable Foundation in Place; Focused on Accelerating the Optimization Benefits Stabilization Complete Shift to Optimization ► Core workflows (order management, production ► Focus on throughput, labor productivity, and scheduling, fulfillment) operating relia
Slide 5: TNC Robotics: Positioned to Lead the Automation Transition
Tennant Company TNC Robotics: Positioned to Lead the Automation Transition Our differentiated position THREE Labor Accounts for Strategic Priorities +80% 8 yrs. Deployment Experience Accelerated Product Innovation +13K of commercial cleaning costs Robots Deployed Creating strong, Differentiated Go-
Slide 6: TNC Robotics: Financial Momentum & Revenue Trajectory
Tennant Company TNC Robotics: Financial Momentum & Revenue Trajectory ‘25 Robotics Revenue ~$85M ‘28 Target $250M (~50% CAGR) Growth led by Strongest in building North America service contractor, retail, and Europe and industrial verticals TNC Earnings Release Call | Second Quarter 2026 X4 ROVR X6 R
Slide 7: Financial Results
FINANCIAL RESULTS Second Quarter 2026 Tennant Company Earnings Release Call www.investors.tennantco.com
Slide 8: Second-Quarter 2026 Financial Performance
Tennant Company Second-Quarter 2026 Financial Performance Second-quarter net income of $7.6M, Net Income In millions of USD Adjusted EPS* compared to $20.2M in the prior year ► Lower operating performance driven by gross margin compression associated with ERP- $20.2 related operational inefficiencie
Slide 9: Second-Quarter 2026 Results
Tennant Company Second-Quarter 2026 Results Net Sales Adjusted EBITDA* $9 M $5 M $324 M $9 M $319 M $51 M ($4 M) ($9 M) ($13 M) $35 M ($8 M) Q2'25 Net Sales Price Volume FX Q2'26 Net Sales Q2'25 Price Volume Margin S&A / Other Q2'26 Adj. EBITDA Adj. EBITDA By Region** Gross Margin decreased 260 bps
Slide 10: Capital Deployment
Tennant Company Capital Deployment Cash Flow YE 2025 Q2 2026 $5 M Total Debt $273.6M $358.9M $83 M ($5 M) Net Debt $167.2M $282.0M $77 M ($5 M) Net Leverage* 1.0x 2.0x Q1'26 Cash Operating CapEx Dividends Q2'26 Cash Revolver Availability $289.4M Perfomance TNC Earnings Release Call | Second Quarter
Slide 11: 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 | Second Quarter 2026 Adjusted EBITDA(1) 12.2% - 13.0% Adjusted EBITDA Margin(1) ~$25M Capital Expenditures (1)
Slide 12: www.investors.tennantco.com
www.investors.tennantco.com
Slide 13: Thank You
www.investors.tennantco.com THANK YOU TNC Earnings Release Call | Second Quarter 2026 13
Slide 14: Appendix
APPENDIX Second Quarter 2026 Tennant Company Earnings Release Call www.investors.tennantco.com
Slide 15: 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 16: Supplemental Non-GAAP Financial Tables
Tennant Company SUPPLEMENTAL NON-GAAP FINANCIAL TABLES TNC Earnings Release Call | Second Quarter 2026 16
Slide 17: Supplemental Non-GAAP Financial Tables
Tennant Company SUPPLEMENTAL NON-GAAP FINANCIAL TABLES TNC Earnings Release Call | Second Quarter 2026 17
Slide 18: Supplemental Non-GAAP Financial Tables
Tennant Company SUPPLEMENTAL NON-GAAP FINANCIAL TABLES TNC Earnings Release Call | Second Quarter 2026 18
Slide 19: Supplemental Non-GAAP Financial Tables
Tennant Company SUPPLEMENTAL NON-GAAP FINANCIAL TABLES TNC Earnings Release Call | Second Quarter 2026 19
Slide 20: Supplemental Non-GAAP Financial Tables
Tennant Company SUPPLEMENTAL NON-GAAP FINANCIAL TABLES TNC Earnings Release Call | Second Quarter 2026 20