Company research
Titan Machinery Inc.
CIK 1409171Updated Sep 26, 2026
SecurityTITN · NASDAQ · equity
TITN price & chart
Loading TradingView…
NASDAQ:TITN on TradingView ↗About the company
Titan Machinery Inc., founded in 1980 and headquartered in West Fargo, North Dakota, owns and operates a network of full service agricultural and construction equipment dealer locations in North America, Europe and Australia, servicing farmers, ranchers and commercial applicators. The network consists of US locations in Colorado, Idaho, Iowa, Kansas, Minnesota, Nebraska, North Dakota, South Dakota, Wisconsin and Wyoming. The international network includes European stores located in Bulgaria, Germany, Romania, and Ukraine and Australian stores located in New South Wales, South Australia, and Victoria in Southeastern Australia. Our stores offer one or more of the CNH Industrial Brands, including Case IH, New Holland Agriculture, Case Construction, New Holland Construction, and CNH Industrial Capital. Additional information about Titan Machinery Inc. can be found at www.titanmachinery.com.
In the news
Titan Machinery Inc. to Report Fiscal First Quarter Ended April 30, 2026 Results on Tuesday, June 9, 2026 ↗
Recent filings
Show 5 more recent filings
Financials
FY 2026 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,616,928,000Source | 1,813,938,000Source | 1,992,261,000Source | 1,188,695,000Source |
| Property, Plant and Equipment, NetUSD | 360,983,000Source | 379,690,000Source | 298,774,000Source | 217,782,000Source |
| GoodwillUSD | 65,583,000Source | 61,246,000Source | 64,105,000Source | 30,622,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 51,233,000Source | 48,306,000Source | 53,356,000Source | 18,411,000Source |
| Current assets: | ||||
| Inventory, NetUSD | 903,085,000Source | 1,108,672,000Source | 1,303,030,000Source | 703,939,000Source |
| Assets, CurrentUSD | 1,089,980,000Source | 1,292,628,000Source | 1,519,015,000Source | 869,250,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 31,700,000Source | 28,244,000Source | 24,262,000Source | 25,554,000Source |
| Operating Lease, Right-of-Use AssetUSD | 47,197,000Source | 27,935,000Source | 54,699,000Source | 50,206,000Source |
| Other Assets, NoncurrentUSD | 625,000Source | 1,581,000Source | 1,783,000Source | 1,178,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | 306,140,000Source | 360,314,000Source | 397,225,000Source | 284,784,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 6,253,000Source | -8,334,000Source | 1,760,000Source | -5,019,000Source |
| Stockholders' Equity Attributable to ParentUSD | 579,298,000Source | 614,077,000Source | 657,642,000Source | 536,306,000Source |
| Additional Paid in Capital, Common StockUSD | 266,905,000Source | 262,097,000Source | 258,657,000Source | 256,541,000Source |
| Liabilities and EquityUSD | 1,616,928,000Source | 1,813,938,000Source | 1,992,261,000Source | 1,188,695,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 771,963,000Source | 960,956,000Source | 1,152,401,000Source | 498,151,000Source |
| Operating Lease, Liability, CurrentUSD | 4,084,000Source | 5,747,000Source | 10,751,000Source | 9,855,000Source |
| Accounts Payable, CurrentUSD | 35,156,000Source | 37,166,000Source | 43,846,000Source | 40,834,000Source |
| Operating Lease, Liability, NoncurrentUSD | 46,050,000Source | 25,588,000Source | 50,964,000Source | 48,513,000Source |
| Deferred Income Tax Liabilities, NetUSD | 10,151,000Source | 8,818,000Source | 22,607,000Source | 9,563,000Source |
| Other Liabilities, NoncurrentUSD | 8,761,000Source | 1,838,000Source | 2,240,000Source | 6,212,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 75,248,000Source | 59,492,000Source | 74,400,000Source | 58,159,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 21,410,000Source | 10,920,000Source | 13,706,000Source | 7,241,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 158,565,000Source | 157,767,000Source | 106,407,000Source | 89,950,000Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 37,565,000Source | 38,601,000Source | 31,479,000Source | 25,197,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 5,568,000Source | 4,292,000Source | 3,120,000Source | 3,230,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | -235,731,000Source | -166,182,000Source | 476,389,000Source | 180,929,000Source |
| Deferred Income Tax Expense (Benefit)USD | 2,558,000Source | -15,812,000Source | 2,910,000Source | 7,639,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 137,452,000Source | 70,291,000Source | -32,280,000Source | 10,816,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 19,796,000Source | 260,000Source | 107,548,000Source | 100,471,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -22,709,000Source | -47,746,000Source | -163,372,000Source | -134,065,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -837,000Source | -199,000Source | 597,000Source | 139,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -123,705,000Source | -23,619,000Source | 188,577,000Source | 21,959,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -760,000Source | -853,000Source | -1,125,000Source | -1,153,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -7,734,000Source | -2,168,000Source | -5,847,000Source | -102,236,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 28,164,000Source | 35,898,000Source | 38,066,000Source | 43,913,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 42,880,000Source | 48,289,000Source | 19,377,000Source | 6,519,000Source |
| Income Taxes Paid, NetUSD | -1,849,000Source | 6,564,000Source | 39,844,000Source | 26,575,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,228,000Source | -1,094,000Source | 1,228,000Source | -946,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 1,800,000Source | 1,900,000Source | 700,000Source | 200,000Source |
| Depreciation, NonproductionUSD | 24,700,000Source | 25,300,000Source | 21,300,000Source | 15,900,000Source |
| Financing Interest ExpenseUSD | 24,109,000Source | 34,710,000Source | 13,802,000Source | 1,875,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -3,000,000Source | 4,000,000Source | -1,000,000Source | 1,200,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | 1,349,000Source | 502,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | 3,585,000Source | — | — |
| GoodwillUSD | 65,583,000Source | 61,246,000Source | 64,105,000Source | 30,622,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | — | 0Source | — |
| Goodwill, Impairment LossUSD | 0Source | 531,000Source | — | 0Source |
| Income Tax Expense (Benefit)USD | 8,767,000Source | -13,074,000Source | 38,599,000Source | 33,373,000Source |
| Net Income (Loss) Attributable to ParentUSD | -54,174,000Source | -36,911,000Source | 112,441,000Source | 101,868,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -54,174,000Source | -36,911,000Source | 110,922,000Source | 100,573,000Source |
| Operating ExpensesUSD | 385,237,000Source | 389,780,000Source | 362,509,000Source | 301,516,000Source |
| Operating Lease, ExpenseUSD | 5,103,000Source | 8,067,000Source | — | — |
| Other Nonoperating Income (Expense)USD | 4,389,000Source | -4,178,000Source | 3,300,000Source | 3,862,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 25,337,000Source | 37,292,000Source | 19,599,000Source | 8,415,000Source |
| Restructuring CostsUSD | 1,741,000Source | — | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 2,427,107,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 2,427,107,000Source | 2,702,122,000Source | 2,758,445,000Source | 2,209,306,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -6,713,000Source | 4,008,000Source | 168,845,000Source | 138,323,000Source |
| Other Nonoperating Income (Expense)USD | 4,389,000Source | -4,178,000Source | 3,300,000Source | 3,862,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -45,407,000Source | -49,985,000Source | 151,040,000Source | 135,241,000Source |
| Income Tax Expense (Benefit)USD | 8,767,000Source | -13,074,000Source | 38,599,000Source | 33,373,000Source |
| Net Income (Loss) Attributable to ParentUSD | -54,174,000Source | -36,911,000Source | 112,441,000Source | 101,868,000Source |
| Earnings Per Share, BasicUSD per share | -2.38Source | -1.63Source | 4.93Source | 4.5Source |
| Earnings Per Share, DilutedUSD per share | -2.38Source | -1.63Source | 4.93Source | 4.49Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 22,748,000Source | 22,606,000Source | 22,493,000Source | 22,373,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 22,748,000Source | 22,606,000Source | 22,499,000Source | 22,380,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 1,800,000Source | 1,900,000Source | 700,000Source | 200,000Source |
| Current Income Tax Expense (Benefit)USD | 6,209,000Source | 2,738,000Source | 35,689,000Source | 25,734,000Source |
| Financing Interest ExpenseUSD | 24,109,000Source | 34,710,000Source | 13,802,000Source | 1,875,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -3,000,000Source | 4,000,000Source | -1,000,000Source | 1,200,000Source |
| Goodwill, Impairment LossUSD | 0Source | 531,000Source | — | 0Source |
| Gross ProfitUSD | 382,556,000Source | 395,630,000Source | 531,354,000Source | 439,839,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -56,674,000Source | -48,981,000Source | 130,438,000Source | 115,044,000Source |
| Interest ExpenseUSD | — | — | — | 6,944,000Source |
| Interest Income, OtherUSD | — | — | — | 339,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -54,174,000Source | -36,911,000Source | 110,922,000Source | 100,573,000Source |
| Operating ExpensesUSD | 385,237,000Source | 389,780,000Source | 362,509,000Source | 301,516,000Source |
| Operating Lease, ExpenseUSD | 5,103,000Source | 8,067,000Source | — | — |
| Restructuring CostsUSD | 1,741,000Source | — | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 2,427,107,000Source | — | — | — |
Filing attachments
titn8-kfy26q4releaseex991.htm · 8-K · 2026-03-19
EX-99.1 2 titn8-kfy26q4releaseex991.htm EX-99.1 Document Titan Machinery Inc. Announces Results for Fiscal Fourth Quarter and Full Year Ended January 31, 2026 - Achieves $206 Million Cumulative Inventory Reduction in Fiscal 2026, Surpassing Target of $150 Million - - Introduces Fiscal 2027 Modeling Assumptions - West Fargo, ND - March 19, 2026 - Titan Machinery Inc. (Nasdaq: TITN), ("Titan Machinery" or the "Company"), a leading network of full-service agricultural and construction equi…
Read attachment ↗titn8-kfy25q4releaseex991.htm · 8-K · 2025-03-20
EX-99.1 2 titn8-kfy25q4releaseex991.htm EX-99.1 Document Titan Machinery Inc. Announces Results for Fiscal Fourth Quarter and Full Year Ended January 31, 2025 - Achieved Approximately $304 Million of Inventory Reduction in the Fiscal Fourth Quarter, Bringing Total Inventory Reduction Since Fiscal Second Quarter Peak to $419 Million - - Service Revenue Increased 14.5%, or 7.1% on a Same-store Basis, for the Full Year Fiscal 2025 - - Provides Fiscal 2026 Modeling Assumptions - West Fargo…
Read attachment ↗