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Side-by-side financial comparison of TENNANT CO (TNC) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
TENNANT CO is the larger business by last-quarter revenue ($291.6M vs $199.5M, roughly 1.5× VIRTUS INVESTMENT PARTNERS, INC.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 3.6% vs -1.5%, a 5.1% gap on every dollar of revenue. On growth, VIRTUS INVESTMENT PARTNERS, INC. posted the faster year-over-year revenue change (-4.1% vs -11.3%). Over the past eight quarters, TENNANT CO's revenue compounded faster (-3.2% CAGR vs -5.7%).
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.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
TNC vs VRTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $291.6M | $199.5M |
| Net Profit | $-4.4M | $7.1M |
| Gross Margin | 34.6% | — |
| Operating Margin | -1.4% | 7.7% |
| Net Margin | -1.5% | 3.6% |
| Revenue YoY | -11.3% | -4.1% |
| Net Profit YoY | -166.7% | -78.1% |
| EPS (diluted) | $-0.21 | $1.05 |
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.
| Q1 26 | — | $199.5M | ||
| Q4 25 | $291.6M | $208.0M | ||
| Q3 25 | $303.3M | $216.4M | ||
| Q2 25 | $318.6M | $210.5M | ||
| Q1 25 | $290.0M | $217.9M | ||
| Q4 24 | $328.9M | $233.5M | ||
| Q3 24 | $315.8M | $227.0M | ||
| Q2 24 | $331.0M | $224.4M |
| Q1 26 | — | $7.1M | ||
| Q4 25 | $-4.4M | $33.9M | ||
| Q3 25 | $14.9M | $31.3M | ||
| Q2 25 | $20.2M | $42.7M | ||
| Q1 25 | $13.1M | $28.1M | ||
| Q4 24 | $6.6M | $39.5M | ||
| Q3 24 | $20.8M | $49.1M | ||
| Q2 24 | $27.9M | $26.0M |
| 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% | — |
| Q1 26 | — | 7.7% | ||
| Q4 25 | -1.4% | 19.1% | ||
| Q3 25 | 7.4% | 21.7% | ||
| Q2 25 | 9.6% | 21.5% | ||
| Q1 25 | 6.8% | 16.8% | ||
| Q4 24 | 2.3% | 21.7% | ||
| Q3 24 | 9.7% | 24.3% | ||
| Q2 24 | 11.7% | 19.7% |
| Q1 26 | — | 3.6% | ||
| Q4 25 | -1.5% | 16.3% | ||
| Q3 25 | 4.9% | 14.5% | ||
| Q2 25 | 6.3% | 20.3% | ||
| Q1 25 | 4.5% | 12.9% | ||
| Q4 24 | 2.0% | 16.9% | ||
| Q3 24 | 6.6% | 21.6% | ||
| Q2 24 | 8.4% | 11.6% |
| Q1 26 | — | $1.05 | ||
| Q4 25 | $-0.21 | $5.15 | ||
| Q3 25 | $0.80 | $4.65 | ||
| Q2 25 | $1.08 | $6.12 | ||
| Q1 25 | $0.69 | $4.05 | ||
| Q4 24 | $0.35 | $4.65 | ||
| Q3 24 | $1.09 | $5.71 | ||
| Q2 24 | $1.45 | $2.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $136.6M |
| Total DebtLower is stronger | $273.2M | — |
| Stockholders' EquityBook value | $601.6M | $93.6B |
| Total Assets | $1.3B | — |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $136.6M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $273.2M | $390.0M | ||
| Q3 25 | $238.3M | $390.6M | ||
| Q2 25 | $213.4M | $231.3M | ||
| Q1 25 | $213.3M | $231.7M | ||
| Q4 24 | $198.2M | $232.1M | ||
| Q3 24 | $208.6M | $237.5M | ||
| Q2 24 | $205.6M | $247.6M |
| Q1 26 | — | $93.6B | ||
| Q4 25 | $601.6M | $934.0M | ||
| Q3 25 | $640.9M | $918.7M | ||
| Q2 25 | $651.9M | $896.4M | ||
| Q1 25 | $624.4M | $893.7M | ||
| Q4 24 | $620.8M | $897.5M | ||
| Q3 24 | $647.2M | $889.0M | ||
| Q2 24 | $624.6M | $868.7M |
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $4.3B | ||
| Q3 25 | $1.3B | $3.9B | ||
| Q2 25 | $1.2B | $3.7B | ||
| Q1 25 | $1.2B | $3.7B | ||
| Q4 24 | $1.2B | $4.0B | ||
| Q3 24 | $1.2B | $3.6B | ||
| Q2 24 | $1.2B | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.45× | 0.42× | ||
| Q3 25 | 0.37× | 0.43× | ||
| Q2 25 | 0.33× | 0.26× | ||
| Q1 25 | 0.34× | 0.26× | ||
| Q4 24 | 0.32× | 0.26× | ||
| Q3 24 | 0.32× | 0.27× | ||
| Q2 24 | 0.33× | 0.29× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $14.2M | $-67.2M | ||
| Q3 25 | $28.7M | $108.3M | ||
| Q2 25 | $22.5M | $75.8M | ||
| Q1 25 | $-400.0K | $-3.8M | ||
| Q4 24 | $37.5M | $1.8M | ||
| Q3 24 | $30.7M | $69.1M | ||
| Q2 24 | $18.6M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $9.7M | $-74.1M | ||
| Q3 25 | $22.3M | $106.9M | ||
| Q2 25 | $18.7M | $74.2M | ||
| Q1 25 | $-7.4M | $-6.8M | ||
| Q4 24 | $28.1M | $-3.8M | ||
| Q3 24 | $26.4M | $68.7M | ||
| Q2 24 | $14.4M | $68.6M |
| Q1 26 | — | — | ||
| Q4 25 | 3.3% | -35.6% | ||
| Q3 25 | 7.4% | 49.4% | ||
| Q2 25 | 5.9% | 35.2% | ||
| Q1 25 | -2.6% | -3.1% | ||
| Q4 24 | 8.5% | -1.6% | ||
| Q3 24 | 8.4% | 30.3% | ||
| Q2 24 | 4.4% | 30.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | 3.3% | ||
| Q3 25 | 2.1% | 0.7% | ||
| Q2 25 | 1.2% | 0.7% | ||
| Q1 25 | 2.4% | 1.4% | ||
| Q4 24 | 2.9% | 2.4% | ||
| Q3 24 | 1.4% | 0.2% | ||
| Q2 24 | 1.3% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | -1.99× | ||
| Q3 25 | 1.93× | 3.45× | ||
| Q2 25 | 1.11× | 1.77× | ||
| Q1 25 | -0.03× | -0.13× | ||
| Q4 24 | 5.68× | 0.04× | ||
| Q3 24 | 1.48× | 1.41× | ||
| Q2 24 | 0.67× | 2.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TNC
| Equipment Sales | $165.5M | 57% |
| Parts And Consumables | $69.1M | 24% |
| Service And Other | $57.0M | 20% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
