“Asia Pacific ("APAC") APAC net sales were $17.0 million for the first quarter of 2026, an increase of 1.8% from the first quarter of 2025 driven by: 28 Table of Contents • A net favorable impact from foreign currency exchange of approximately 3.8%; partly off…”10-Q · May 5, 2026 ↗
Tennant Company
TNC
Market read
Tennant Company's move is spreading beyond its market group.
No new filing conclusion is available. 21 of 26 group members are active now; 3 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
- At least 17 of 26 members remain active in the next snapshot.
- Capital-flow agreement rises above 55%.
- GAP remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 9 of 26 members or fewer.
Research brief
The story so far
No new filing conclusion is available. 21 of 26 group members are active now; 3 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- At least 17 of 26 members remain active in the next snapshot.
- Capital-flow agreement rises above 55%.
- GAP remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Operating cash flow covered net income at 1.48x in the latest annual period.
- Pricing and mix has repeated favorable evidence across 3 filings.
- Latest annual revenue changed -6.5% year over year.
- Operating margin changed -3.2 percentage points in the latest annual period.
- Net margin changed -2.9 percentage points in the latest annual period.
- Restructuring and cost reductions has repeated adverse evidence across 3 filings.
No credible peer-relative valuation comparison is available yet.
Price as of Sep 9, 2026
70.97Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Europe, Middle East and Africa ("EMEA") EMEA net sales were $86.9 million for the first quarter of 2026, an increase of 14.3% from the first quarter of 2025 driven by: • A net favorable impact from foreign currency exchange of approximately 11.3%; • Acquisiti…”10-Q · May 5, 2026 ↗
“Asia Pacific ("APAC") APAC net sales were $17.0 million for the first quarter of 2026, an increase of 1.8% from the first quarter of 2025 driven by: 28 Table of Contents • A net favorable impact from foreign currency exchange of approximately 3.8%; partly off…”10-Q · May 5, 2026 ↗
“The S&A expense decrease was driven by lower compensation-related costs and reductions in certain legal, integration, and restructuring expenses, partially offset by higher ERP spending and increased bad debt expense.”10-K · Feb 24, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 9 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for TNC. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for TNC. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind TNC
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
CLWTFiling-linked namepartnerFeb 24, 2026 ▾
“We enter into these fixed-to-fixed cross-currency swap agreements to protect a designated monetary amount of the Company’s net investment in its Euro functional currency subsidiaries against the risk of changes in the Euro to U.S.”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
TNC is currently a Participant in the organic co-movement group Consumer Cyclical & Industrials. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.