Loading...
•
Jun 30, 2025
Tennant Q2 2025 Earnings Report
Tennant reported its financial results for the second quarter of 2025, with net sales of $318.6 million and adjusted EBITDA of $51.0 million, while reaffirming its 2025 guidance.
Key Takeaways
Tennant Company delivered solid second-quarter results, with net sales of $318.6 million and adjusted EBITDA of $51.0 million, despite a 3.7% decrease in net sales year-over-year due to volume declines across all geographies. The company saw robust underlying business fundamentals with a 4.0% increase in order rates and reaffirmed its full-year 2025 guidance.
Net sales for Q2 2025 were $318.6 million, a 3.7% decrease from Q2 2024, primarily due to volume declines across all geographies, especially North America.
Adjusted EBITDA was $51.0 million, with an adjusted EBITDA margin of 16.0%, a decrease of 170 basis points compared to the prior year, mainly due to volume declines.
Underlying order rates increased by 4.0% compared to Q2 2024, marking the fifth consecutive quarter of order growth at or above long-term targets.
Tennant reaffirmed its 2025 guidance, indicating confidence in its ability to manage macroeconomic uncertainties and tariff impacts through strategic initiatives.
Revenue by Geographic Location
Forward Guidance
Tennant Company reaffirmed its full-year 2025 guidance, anticipating net sales between $1.21 billion and $1.25 billion, adjusted diluted EPS between $5.70 and $6.20, and adjusted EBITDA between $196 million and $209 million.
Positive Outlook
- Reaffirmed 2025 guidance, indicating confidence in future performance.
- Actively implementing mitigation strategies for tariff impacts through supply-chain optimization and targeted pricing.
- Continued commitment to prioritizing investments that align with strategic objectives.
- Maintaining spending discipline to deliver sustained profitable growth.
- Launch of the Z50 Citadel™ Outdoor Sweeper, entering a new market and unlocking growth opportunities.
Challenges Ahead
- Ongoing macroeconomic uncertainties remain a variable for the remainder of the year.
- Potential tariff impacts are a variable for the remainder of the year.
- Guidance for organic net sales decline is between 1.0% and 4.0%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...