---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-004262"
form_type: "8-K"
ticker: "TNC"
cik: "0000097134"
company_name: "TENNANT CO"
filed_at: "2022-02-24T23:59:59+00:00"
generated_at: "2026-06-27T05:13:40.950178+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tennant reports record FY2021 net income of $64.9M, guides FY2022 adjusted EPS $4.40-$5.00

## Summary
- Full year net sales $1.09B (+9.0% YoY), organic growth 9.1%; net income $64.9M (vs $33.7M in 2020).
- Q4 net sales $276.4M (+1.2% YoY, organic +4.5%); net income $7.9M (vs $2.5M).
- FY2021 adjusted EBITDA $140.2M (12.9% of sales); adjusted diluted EPS $4.39.
- FY2022 guidance: net sales $1.125B-$1.17B, adjusted EBITDA $145M-$160M, adjusted diluted EPS $4.40-$5.00.
- Adjusted gross margin fell 90 bps to 40.2% for full year, 460 bps to 36.7% in Q4, due to inflation and supply chain.

## SEC filing metadata
- accession: 0001437749-22-004262
- form_type: 8-K
- ticker: TNC
- cik: 0000097134
- company_name: TENNANT CO
- filed_at: 2022-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/97134/000143774922004262/0001437749-22-004262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/97134/000143774922004262/tnc20220110_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-004262
- JSON: https://secwatch.observer/filing/0001437749-22-004262.json
- Plain text: https://secwatch.observer/filing/0001437749-22-004262.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.