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Side-by-side financial comparison of James River Group Holdings, Inc. (JRVR) 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 $151.4M, roughly 1.9× James River Group Holdings, Inc.). On growth, TENNANT CO posted the faster year-over-year revenue change (-11.3% vs -12.1%). Over the past eight quarters, TENNANT CO's revenue compounded faster (-3.2% CAGR vs -10.3%).

James River Corporation was an American pulp and paper company based in Richmond, Virginia, once the largest paper manufacturer in the world.

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.

JRVR vs TNC — Head-to-Head

Bigger by revenue
TNC
TNC
1.9× larger
TNC
$291.6M
$151.4M
JRVR
Growing faster (revenue YoY)
TNC
TNC
+0.8% gap
TNC
-11.3%
-12.1%
JRVR
Faster 2-yr revenue CAGR
TNC
TNC
Annualised
TNC
-3.2%
-10.3%
JRVR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
JRVR
JRVR
TNC
TNC
Revenue
$151.4M
$291.6M
Net Profit
$-4.4M
Gross Margin
34.6%
Operating Margin
-1.4%
Net Margin
-1.5%
Revenue YoY
-12.1%
-11.3%
Net Profit YoY
-166.7%
EPS (diluted)
$-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
JRVR
JRVR
TNC
TNC
Q1 26
$151.4M
Q4 25
$167.7M
$291.6M
Q3 25
$172.7M
$303.3M
Q2 25
$174.8M
$318.6M
Q1 25
$172.3M
$290.0M
Q4 24
$126.7M
$328.9M
Q3 24
$191.5M
$315.8M
Q2 24
$188.3M
$331.0M
Net Profit
JRVR
JRVR
TNC
TNC
Q1 26
Q4 25
$32.1M
$-4.4M
Q3 25
$1.0M
$14.9M
Q2 25
$4.8M
$20.2M
Q1 25
$9.6M
$13.1M
Q4 24
$-64.8M
$6.6M
Q3 24
$-39.4M
$20.8M
Q2 24
$7.6M
$27.9M
Gross Margin
JRVR
JRVR
TNC
TNC
Q1 26
Q4 25
34.6%
Q3 25
42.7%
Q2 25
42.1%
Q1 25
41.4%
Q4 24
41.3%
Q3 24
42.4%
Q2 24
43.1%
Operating Margin
JRVR
JRVR
TNC
TNC
Q1 26
Q4 25
14.6%
-1.4%
Q3 25
1.5%
7.4%
Q2 25
4.2%
9.6%
Q1 25
9.3%
6.8%
Q4 24
-57.0%
2.3%
Q3 24
-27.1%
9.7%
Q2 24
10.7%
11.7%
Net Margin
JRVR
JRVR
TNC
TNC
Q1 26
Q4 25
19.1%
-1.5%
Q3 25
0.6%
4.9%
Q2 25
2.7%
6.3%
Q1 25
5.6%
4.5%
Q4 24
-51.1%
2.0%
Q3 24
-20.6%
6.6%
Q2 24
4.0%
8.4%
EPS (diluted)
JRVR
JRVR
TNC
TNC
Q1 26
Q4 25
$0.59
$-0.21
Q3 25
$-0.02
$0.80
Q2 25
$0.06
$1.08
Q1 25
$0.16
$0.69
Q4 24
$-2.44
$0.35
Q3 24
$-1.10
$1.09
Q2 24
$0.13
$1.45

Balance Sheet & Financial Strength

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

Metric
JRVR
JRVR
TNC
TNC
Cash + ST InvestmentsLiquidity on hand
$228.2M
Total DebtLower is stronger
$273.2M
Stockholders' EquityBook value
$518.4M
$601.6M
Total Assets
$4.8B
$1.3B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JRVR
JRVR
TNC
TNC
Q1 26
$228.2M
Q4 25
$260.9M
Q3 25
$238.8M
Q2 25
$220.0M
Q1 25
$279.4M
Q4 24
$362.3M
Q3 24
$359.8M
Q2 24
$672.5M
Total Debt
JRVR
JRVR
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
JRVR
JRVR
TNC
TNC
Q1 26
$518.4M
Q4 25
$538.2M
$601.6M
Q3 25
$503.6M
$640.9M
Q2 25
$492.6M
$651.9M
Q1 25
$484.5M
$624.4M
Q4 24
$460.9M
$620.8M
Q3 24
$530.3M
$647.2M
Q2 24
$541.8M
$624.6M
Total Assets
JRVR
JRVR
TNC
TNC
Q1 26
$4.8B
Q4 25
$4.9B
$1.3B
Q3 25
$5.0B
$1.3B
Q2 25
$5.0B
$1.2B
Q1 25
$4.9B
$1.2B
Q4 24
$5.0B
$1.2B
Q3 24
$5.0B
$1.2B
Q2 24
$4.7B
$1.2B
Debt / Equity
JRVR
JRVR
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
JRVR
JRVR
TNC
TNC
Operating Cash FlowLast quarter
$14.2M
Free Cash FlowOCF − Capex
$9.7M
FCF MarginFCF / Revenue
3.3%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JRVR
JRVR
TNC
TNC
Q1 26
Q4 25
$-18.8M
$14.2M
Q3 25
$34.3M
$28.7M
Q2 25
$25.2M
$22.5M
Q1 25
$-51.5M
$-400.0K
Q4 24
$-247.1M
$37.5M
Q3 24
$-269.9M
$30.7M
Q2 24
$-8.7M
$18.6M
Free Cash Flow
JRVR
JRVR
TNC
TNC
Q1 26
Q4 25
$-23.6M
$9.7M
Q3 25
$33.7M
$22.3M
Q2 25
$24.7M
$18.7M
Q1 25
$-52.7M
$-7.4M
Q4 24
$-252.0M
$28.1M
Q3 24
$-270.8M
$26.4M
Q2 24
$-9.3M
$14.4M
FCF Margin
JRVR
JRVR
TNC
TNC
Q1 26
Q4 25
-14.1%
3.3%
Q3 25
19.5%
7.4%
Q2 25
14.1%
5.9%
Q1 25
-30.6%
-2.6%
Q4 24
-198.9%
8.5%
Q3 24
-141.4%
8.4%
Q2 24
-4.9%
4.4%
Capex Intensity
JRVR
JRVR
TNC
TNC
Q1 26
Q4 25
2.9%
1.5%
Q3 25
0.4%
2.1%
Q2 25
0.3%
1.2%
Q1 25
0.7%
2.4%
Q4 24
3.9%
2.9%
Q3 24
0.4%
1.4%
Q2 24
0.3%
1.3%
Cash Conversion
JRVR
JRVR
TNC
TNC
Q1 26
Q4 25
-0.59×
Q3 25
33.61×
1.93×
Q2 25
5.29×
1.11×
Q1 25
-5.38×
-0.03×
Q4 24
5.68×
Q3 24
1.48×
Q2 24
-1.14×
0.67×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JRVR
JRVR

Segment breakdown not available.

TNC
TNC

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

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