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Side-by-side financial comparison of BALCHEM CORP (BCPC) and TENNANT CO (TNC). Click either name above to swap in a different company.

TENNANT CO is the larger business by last-quarter revenue ($291.6M vs $270.7M, roughly 1.1× BALCHEM CORP). BALCHEM CORP runs the higher net margin — 14.9% vs -1.5%, a 16.4% gap on every dollar of revenue. On growth, BALCHEM CORP posted the faster year-over-year revenue change (8.1% vs -11.3%). BALCHEM CORP produced more free cash flow last quarter ($33.8M vs $9.7M). Over the past eight quarters, BALCHEM CORP's revenue compounded faster (7.5% CAGR vs -3.2%).

Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.

The Tennant Company (TNC:NYQ) is a company with about 4000 employees that provides cleaning products. It is a company that is listed in the New York Stock Exchange.

BCPC vs TNC — Head-to-Head

Bigger by revenue
TNC
TNC
1.1× larger
TNC
$291.6M
$270.7M
BCPC
Growing faster (revenue YoY)
BCPC
BCPC
+19.4% gap
BCPC
8.1%
-11.3%
TNC
Higher net margin
BCPC
BCPC
16.4% more per $
BCPC
14.9%
-1.5%
TNC
More free cash flow
BCPC
BCPC
$24.1M more FCF
BCPC
$33.8M
$9.7M
TNC
Faster 2-yr revenue CAGR
BCPC
BCPC
Annualised
BCPC
7.5%
-3.2%
TNC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BCPC
BCPC
TNC
TNC
Revenue
$270.7M
$291.6M
Net Profit
$40.3M
$-4.4M
Gross Margin
34.6%
Operating Margin
20.5%
-1.4%
Net Margin
14.9%
-1.5%
Revenue YoY
8.1%
-11.3%
Net Profit YoY
8.7%
-166.7%
EPS (diluted)
$1.25
$-0.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BCPC
BCPC
TNC
TNC
Q1 26
$270.7M
Q4 25
$263.6M
$291.6M
Q3 25
$267.6M
$303.3M
Q2 25
$255.5M
$318.6M
Q1 25
$250.5M
$290.0M
Q4 24
$240.0M
$328.9M
Q3 24
$239.9M
$315.8M
Q2 24
$234.1M
$331.0M
Net Profit
BCPC
BCPC
TNC
TNC
Q1 26
$40.3M
Q4 25
$39.2M
$-4.4M
Q3 25
$40.3M
$14.9M
Q2 25
$38.3M
$20.2M
Q1 25
$37.1M
$13.1M
Q4 24
$33.6M
$6.6M
Q3 24
$33.8M
$20.8M
Q2 24
$32.1M
$27.9M
Gross Margin
BCPC
BCPC
TNC
TNC
Q1 26
Q4 25
35.6%
34.6%
Q3 25
35.7%
42.7%
Q2 25
36.4%
42.1%
Q1 25
35.2%
41.4%
Q4 24
36.0%
41.3%
Q3 24
35.6%
42.4%
Q2 24
35.5%
43.1%
Operating Margin
BCPC
BCPC
TNC
TNC
Q1 26
20.5%
Q4 25
19.8%
-1.4%
Q3 25
20.4%
7.4%
Q2 25
20.1%
9.6%
Q1 25
20.4%
6.8%
Q4 24
19.8%
2.3%
Q3 24
20.0%
9.7%
Q2 24
19.6%
11.7%
Net Margin
BCPC
BCPC
TNC
TNC
Q1 26
14.9%
Q4 25
14.9%
-1.5%
Q3 25
15.1%
4.9%
Q2 25
15.0%
6.3%
Q1 25
14.8%
4.5%
Q4 24
14.0%
2.0%
Q3 24
14.1%
6.6%
Q2 24
13.7%
8.4%
EPS (diluted)
BCPC
BCPC
TNC
TNC
Q1 26
$1.25
Q4 25
$1.21
$-0.21
Q3 25
$1.24
$0.80
Q2 25
$1.17
$1.08
Q1 25
$1.13
$0.69
Q4 24
$1.03
$0.35
Q3 24
$1.03
$1.09
Q2 24
$0.98
$1.45

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BCPC
BCPC
TNC
TNC
Cash + ST InvestmentsLiquidity on hand
$72.9M
Total DebtLower is stronger
$273.2M
Stockholders' EquityBook value
$1.3B
$601.6M
Total Assets
$1.7B
$1.3B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
TNC
TNC
Q1 26
$72.9M
Q4 25
$74.6M
Q3 25
$65.1M
Q2 25
$65.4M
Q1 25
$49.9M
Q4 24
$49.5M
Q3 24
$73.7M
Q2 24
$63.7M
Total Debt
BCPC
BCPC
TNC
TNC
Q1 26
Q4 25
$273.2M
Q3 25
$238.3M
Q2 25
$213.4M
Q1 25
$213.3M
Q4 24
$198.2M
Q3 24
$208.6M
Q2 24
$205.6M
Stockholders' Equity
BCPC
BCPC
TNC
TNC
Q1 26
$1.3B
Q4 25
$1.3B
$601.6M
Q3 25
$1.3B
$640.9M
Q2 25
$1.3B
$651.9M
Q1 25
$1.2B
$624.4M
Q4 24
$1.1B
$620.8M
Q3 24
$1.2B
$647.2M
Q2 24
$1.1B
$624.6M
Total Assets
BCPC
BCPC
TNC
TNC
Q1 26
$1.7B
Q4 25
$1.7B
$1.3B
Q3 25
$1.7B
$1.3B
Q2 25
$1.7B
$1.2B
Q1 25
$1.6B
$1.2B
Q4 24
$1.6B
$1.2B
Q3 24
$1.6B
$1.2B
Q2 24
$1.6B
$1.2B
Debt / Equity
BCPC
BCPC
TNC
TNC
Q1 26
Q4 25
0.45×
Q3 25
0.37×
Q2 25
0.33×
Q1 25
0.34×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.33×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BCPC
BCPC
TNC
TNC
Operating Cash FlowLast quarter
$40.1M
$14.2M
Free Cash FlowOCF − Capex
$33.8M
$9.7M
FCF MarginFCF / Revenue
12.5%
3.3%
Capex IntensityCapex / Revenue
2.3%
1.5%
Cash ConversionOCF / Net Profit
0.99×
TTM Free Cash FlowTrailing 4 quarters
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
TNC
TNC
Q1 26
$40.1M
Q4 25
$67.3M
$14.2M
Q3 25
$65.6M
$28.7M
Q2 25
$47.3M
$22.5M
Q1 25
$36.5M
$-400.0K
Q4 24
$52.3M
$37.5M
Q3 24
$51.3M
$30.7M
Q2 24
$45.0M
$18.6M
Free Cash Flow
BCPC
BCPC
TNC
TNC
Q1 26
$33.8M
Q4 25
$9.7M
Q3 25
$22.3M
Q2 25
$18.7M
Q1 25
$-7.4M
Q4 24
$28.1M
Q3 24
$26.4M
Q2 24
$14.4M
FCF Margin
BCPC
BCPC
TNC
TNC
Q1 26
12.5%
Q4 25
3.3%
Q3 25
7.4%
Q2 25
5.9%
Q1 25
-2.6%
Q4 24
8.5%
Q3 24
8.4%
Q2 24
4.4%
Capex Intensity
BCPC
BCPC
TNC
TNC
Q1 26
2.3%
Q4 25
1.5%
Q3 25
2.1%
Q2 25
1.2%
Q1 25
2.4%
Q4 24
2.9%
Q3 24
1.4%
Q2 24
1.3%
Cash Conversion
BCPC
BCPC
TNC
TNC
Q1 26
0.99×
Q4 25
1.72×
Q3 25
1.63×
1.93×
Q2 25
1.23×
1.11×
Q1 25
0.98×
-0.03×
Q4 24
1.56×
5.68×
Q3 24
1.52×
1.48×
Q2 24
1.40×
0.67×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BCPC
BCPC

Segment breakdown not available.

TNC
TNC

Equipment Sales$165.5M57%
Parts And Consumables$69.1M24%
Service And Other$57.0M20%

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