Tennant Reports Q2 Robotics Growth and Revises Annual Guidance

Tennant reported stronger autonomous cleaning-robot sales in its August 5, 2026 second-quarter results, while group profitability remained under pressure. Quarterly revenue reached $324.0 million, up 1.7% from the same period a year earlier.

Autonomous mobile robot sales were approximately $31 million, an increase of 37%. Total orders rose 6.6% to $339.5 million, and backlog reached $127 million. These figures placed robotics growth alongside a broader increase in incoming orders, although organic group sales declined 0.5% after removing currency and acquisition effects.

The results announcement reported net income of $7.6 million, down from $20.2 million. Adjusted EBITDA fell to $35.3 million from $51.0 million, reducing the adjusted margin to 10.9% from 16.0%. Tennant cited remaining ERP-related inefficiencies in North America and pricing and cost pressure in Europe, the Middle East and Africa.

Management raised its full-year sales forecast to $1.270–$1.310 billion but reduced its adjusted EBITDA forecast to $155–$170 million. The different direction of the two revisions reflects the quarter's main tension: stronger demand and robot sales were not yet translating into the expected earnings. Both ranges were management's August outlook for 2026, with the annual outcome still to be determined.