Titan Machinery Inc. (TITN) Financial Statements
Industry: Retail Stores (Other) (Retail)
In fiscal 2026, Titan Machinery reported revenue of $2.43B, down 10.2% from $2.70B the year before. Net income was -$54.2M (a -2.2% net margin), or -$2.38 per diluted share. Gross margin was 15.8% and operating margin was -0.3%. Operating activities generated $137.5M of cash. At fiscal year end, Titan Machinery held $1.62B in total assets against $1.04B in total liabilities.
Open the full interactive Titan Machinery financials → Quarterly statements, key ratios, valuation history and price charts.
Titan Machinery Key Stats
| Share Price | $23.56 |
|---|---|
| Market Cap | $541.0M |
| Revenue YoY Growth | -10.2% |
| 52-Week Range | $14.15 – $26.22 |
| Shares Outstanding | 23.0 million (basic, 2027 Q2) |
Titan Machinery Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $1.41B | $1.71B | $2.21B | $2.76B | $2.70B | $2.43B |
| Gross Profit | $261.4M | $332.7M | $439.8M | $531.4M | $395.6M | $382.6M |
| Operating Income | $37.4M | $90.2M | $138.3M | $168.8M | $4.0M | -$6.7M |
| Pre-Tax Income | $30.8M | $86.9M | $135.2M | $151.0M | -$50.0M | -$45.4M |
| Income Tax | $11.4M | $20.9M | $33.4M | $38.6M | -$13.1M | $8.8M |
| Net Income | $19.4M | $66.0M | $101.9M | $112.4M | -$36.9M | -$54.2M |
| Diluted EPS | $0.86 | $2.92 | $4.49 | $4.93 | -$1.63 | -$2.38 |
Titan Machinery Quarterly Results
| 2026 Q3 | 2026 Q4 | 2027 Q1 | 2027 Q2 | |
|---|---|---|---|---|
| Revenue | $644.5M | $641.8M | $522.4M | $496.4M |
| Net Income | $1.2M | -$36.2M | -$12.6M | -$9.2M |
| Diluted EPS | $0.05 | -$1.59 | -$0.55 | -$0.40 |
Titan Machinery Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $79.0M | $146.1M | — | — | — | — |
| Current Assets | $580.2M | $690.3M | $869.2M | $1.52B | $1.29B | $1.09B |
| Total Assets | $815.8M | $946.7M | $1.19B | $1.99B | $1.81B | $1.62B |
| Current Liabilities | $317.5M | $374.7M | $498.2M | $1.15B | $961.0M | $772.0M |
| Total Long-Term Debt | $49.5M | $80.6M | $97.2M | $120.1M | $168.7M | $180.0M |
| Total Liabilities | $444.5M | $511.5M | $652.4M | $1.33B | $1.20B | $1.04B |
| Shareholders' Equity | $371.3M | $435.2M | $536.3M | $657.6M | $614.1M | $579.3M |
Titan Machinery Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $173.0M | $158.9M | $10.8M | -$32.3M | $70.3M | $137.5M |
| Cash From Investing | -$20.3M | -$55.2M | -$134.1M | -$163.4M | -$47.7M | -$22.7M |
| Cash From Financing | -$117.9M | -$35.3M | $22.0M | $188.6M | -$23.6M | -$123.7M |
Figures from Titan Machinery's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Titan Machinery financials page for every line item.
Titan Machinery Company Profile
| Ticker | TITN |
|---|---|
| Exchange | Nasdaq |
| Industry | Retail Stores (Other) (Retail) |
| Headquarters | West Fargo, North Dakota |
| Incorporated in | Delaware |
| Fiscal Year End | January 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001409171 |
Frequently Asked Questions
What was Titan Machinery's revenue in fiscal 2026?
Titan Machinery (TITN) reported revenue of $2.43B for fiscal 2026.
What is Titan Machinery's annual revenue history?
Titan Machinery's annual revenue by fiscal year: 2021: $1.41B; 2022: $1.71B; 2023: $2.21B; 2024: $2.76B; 2025: $2.70B; 2026: $2.43B.
What was Titan Machinery's net income in fiscal 2026?
Titan Machinery reported net income of -$54.2M for fiscal 2026.
What was Titan Machinery's earnings per share (EPS) in fiscal 2026?
Titan Machinery's diluted EPS was -$2.38 for fiscal 2026 (adjusted for any later stock splits).
What was Titan Machinery's revenue last quarter?
In its most recent reported quarter (2027 Q2), Titan Machinery reported revenue of $496.4M.
How much debt does Titan Machinery have?
Titan Machinery reported $180.0M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Titan Machinery are outstanding?
Titan Machinery reported a weighted average of 23.0 million basic shares outstanding in 2027 Q2.
What is Titan Machinery's market cap?
Based on its latest closing price, Titan Machinery (TITN) has a market capitalization of about $541.0M.
When does Titan Machinery's fiscal year end?
Titan Machinery's fiscal year end, as registered with the SEC, is January 31.
Where is Titan Machinery headquartered?
Titan Machinery lists its business address in West Fargo, North Dakota in its SEC filings.