Tennant Company reported second quarter 2026 results with net sales of $324 million, a 1.7% increase year-over-year, driven by price realization and foreign currency effects offsetting organic volume declines in EMEA and APAC. Adjusted EBITDA fell to $35.3 million (10.9% margin) from $51.0 million in the prior year period due to residual ERP-related inefficiencies in North America and pricing pressures in Europe, Middle East, and Africa. Robotics sales grew 37% to approximately $31 million. The company raised full-year net sales guidance to $1.270–$1.310 billion but lowered Adjusted EBITDA guidance to $155–$170 million. Tennant Company operates in the industrial cleaning equipment industry, designing and manufacturing solutions for commercial, industrial, and outdoor environments.

On June 17, 2026, Tennant Company announced the appointment of Richard H. (Rusty) Zay as Chief Operating Officer, effective July 1, 2026. Mr. Zay previously served as Senior Vice President and Chief Commercial Officer. To recognize his increased responsibilities, the Compensation Committee approved $400,000 in incremental equity awards, split equally between restricted stock units and performance-based restricted stock units. Tennant Company designs and manufactures industrial cleaning equipment.