Titan Machinery Inc.
NASDAQ•TITN
CEO: Mr. David Joseph Meyer
Sector: Industrials
Industry: Industrial - Distribution
Listing Date: 2007-12-13
Titan Machinery Inc. owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia. It operates through four segments: Agriculture, Construction, Europe, and Australia. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers. Its agricultural equipment includes machinery and attachments for use in the production of food, fiber, feed grain, feed stock, and renewable energy; and home and garden applications, as well as maintenance of commercial, residential, and government properties. The company's construction equipment comprises heavy construction machinery, light industrial machinery for commercial and residential construction, and road and highway construction machinery. It also sells maintenance and replacement parts. In addition, the company offers repair and maintenance services that include warranty repairs, off-site and on-site repair services, scheduling off-season maintenance services, and notifying customers of periodic service requirements; and training programs to customers. Further, it rents equipment; and provides ancillary equipment support services, such as equipment transportation, global positioning system signal subscriptions and other precision farming products, farm data management products, and CNH Industrial finance and insurance products. The company operates in Colorado, Idaho, Kansas, Missouri, Washington, Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming, the United States; Bulgaria, Germany, Romania, and Ukraine, Europe; and New South Wales, South Australia, and Victoria, Australia. Titan Machinery Inc. was founded in 1980 and is headquartered in West Fargo, North Dakota.
Contact Information
Market Cap
$375.87M
P/E (TTM)
-6.1
35.2
Dividend Yield
--
52W High
$23.41
52W Low
$12.50
52W Range
Rank44Top 53.8%
3.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2026 Data
Revenue
$644.51M-5.19%
4-Quarter Trend
EPS
$0.05-33.95%
4-Quarter Trend
FCF
$31.26M-58.32%
4-Quarter Trend
2026 Q3 Earnings Highlights
Key Highlights
Q3 Gross Margin Expansion Gross profit margin increased to 17.2% in Q3, driven by $3.7M manufacturer incentive benefit recognized during the period.
Europe Segment Revenue Spike Europe segment revenue surged 87.6% in the third quarter, reaching $117.0M, fueled by strong response to Romanian stimulus.
Q3 Net Income Achieved Third quarter net income was $1.2M, yielding basic earnings per share of $0.05 compared to $0.07 in the prior year.
Floorplan Interest Expense Drops Floorplan interest expense decreased $3.8M in Q3 due to lower interest-bearing inventory levels and reduced variable rates.
Risk Factors
Overall Revenue Continues Decline Total revenue fell 5.2% in Q3 and 8.1% for nine months, impacted by challenging agricultural commodity prices.
Agriculture Revenue Slump Agriculture segment revenue decreased 12.7% in Q3, directly correlated with lower crop receipts and negative customer sentiment.
Nine Month Net Loss Nine months ended October 31, 2025 resulted in a Net Loss of $(18.0)M, compared to $6.9M income prior year.
Potential Macroeconomic Headwinds Prolonged disruptions to global trade could increase macroeconomic challenges, including the possibility of a recession.
Outlook
German Operations Divestiture Definitive agreements signed to divest German dealership operations, expected to close in the first quarter of fiscal 2027.
Anticipated Sale Loss Recognized Expect aggregate pre-tax loss between $2.0M and $4.0M upon completion of the planned German asset sale transactions.
Liquidity Position Adequate Cash flow from operations and available borrowing capacity expected to meet liquidity needs for at least the next 12 months.
Reviewing New Tax Legislation Company is currently assessing potential impact of new US tax legislation enacted in July 2025 on financial statements.
Peer Comparison
Revenue (TTM)
$3.20B
$2.55B
$1.64B
Gross Margin (Latest Quarter)
31.3%
BW24.9%
23.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| BW | $809.30M | -7.8 | 38.5% | 70.5% |
| MAGN | $524.39M | -3.3 | -14.5% | 50.5% |
| WNC | $428.67M | 1.7 | 74.6% | 32.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-5.3%
Growth Under Pressure
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Mar 19, 2026
EPS:-$0.98
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2026
Period End: Oct 31, 2025|Filed: Dec 4, 2025|Revenue: $644.51M-5.2%|EPS: $0.05-34.0%BeatForm 10-Q - Q2 2026
Period End: Jul 31, 2025|Filed: Sep 4, 2025|Revenue: $546.43M-13.8%|EPS: $-0.26+36.8%BeatForm 10-Q - Q1 2026
Period End: Apr 30, 2025|Filed: Jun 5, 2025|Revenue: $594.34M-5.5%|EPS: $-0.58-241.5%BeatForm 10-K - FY 2025
Period End: Jan 31, 2025|Filed: Apr 7, 2025|Revenue: $2.70B-2.0%|EPS: $-1.63-133.5%MissForm 10-Q - Q3 2025
Period End: Oct 31, 2024|Filed: Dec 5, 2024|Revenue: $679.82M-2.1%|EPS: $0.08-94.3%BeatForm 10-Q - Q2 2025
Period End: Jul 31, 2024|Filed: Sep 5, 2024|Revenue: $633.67M-1.4%|EPS: $-0.19-113.8%MissForm 10-Q - Q1 2025
Period End: Apr 30, 2024|Filed: Jun 7, 2024|Revenue: $628.70M+10.4%|EPS: $0.41-65.5%MissForm 10-K - FY 2024
Period End: Jan 31, 2024|Filed: Apr 3, 2024|Revenue: $2.76B+24.9%|EPS: $4.86+8.0%Beat