Titan Machinery (TITN) Financial Statements & Analysis

Titan Machinery (TITN) Income Statement

Titan Machinery reported revenue of $2.43B in fiscal 2026 (fiscal year ended Jan 31, 2026), down 10.2% from $2.70B a year earlier. Titan Machinery posted a net loss of $54.17M, compared with a net loss of $36.91M a year earlier. Gross margin was 15.8% and operating margin -0.3%. In the most recent quarter, Q2 fiscal 2027 (ended Jul 31, 2026), revenue was $496.38M, down 9.2% from the same quarter a year earlier.

Titan Machinery Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Titan Machinery Inc. income statement - Annual data in billions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017
Revenue & Gross Profit
Revenue	2.43	2.70	2.76	2.21	1.71	1.41	1.31	1.26	1.20	1.21
Cost of Revenue	2.04	2.31	2.23	1.77	1.38	1.15	1.05	1.03	0.99	1.00
Gross Profit	0.38	0.40	0.53	0.44	0.33	0.26	0.25	0.23	0.22	0.21
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.36	0.00	0.36	0.28	0.24	0.22	0.23	0.20	0.20	0.21
Operating Expenses	0.39	0.39	0.36	0.30	0.24	0.22	0.23	0.20	0.20	0.21
Operating Income	-0.01	0.00	0.17	0.14	0.09	0.04	0.02	0.03	0.00	0.00
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.04	0.05	0.02	-0.01	0.01	-0.01	0.01	0.01	0.02	0.02
Other Income/Expense	-0.04	-0.05	-0.02	0.00	0.00	0.00	-0.01	-0.01	-0.02	-0.02
Income
Income Before Tax	-0.05	-0.05	0.15	0.14	0.09	0.03	0.01	0.02	-0.01	-0.02
Income Tax Expense	0.01	-0.01	0.04	0.03	0.02	0.01	0.00	0.00	-0.01	-0.01
Net Income	-0.05	-0.04	0.11	0.10	0.07	0.02	0.01	0.01	-0.01	-0.01
Net Income - Continuous Operations	-0.05	-0.04	0.11	0.10	0.07	0.02	0.01	0.01	-0.01	-0.01
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-
EBITDA	0.03	0.04	0.20	0.16	0.11	0.06	0.06	0.05	0.04	0.03
EBIT	0.00	0.00	0.17	0.14	0.09	0.04	-	-	-	-
Depreciation & Amortization	0.04	0.04	0.03	0.03	0.02	0.02	0.04	0.02	0.03	0.03
Earnings Per Share
Basic EPS	-2.00	-2.00	5.00	4.00	3.00	1.00	1.00	1.00	-	-1.00
Diluted EPS	-2.00	-2.00	5.00	4.00	3.00	1.00	1.00	1.00	-	-1.00
Basic Shares Outstanding	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Diluted Shares Outstanding	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About Titan Machinery Financial Statements

What was Titan Machinery's revenue in fiscal 2026?

Titan Machinery reported revenue of $2.43B in fiscal 2026 (fiscal year ended Jan 31, 2026). That was down 10.2% from $2.70B a year earlier.

Is Titan Machinery profitable?

No. Titan Machinery reported a net loss of $54.17M in fiscal 2026. In fiscal 2025 it lost $36.91M.

What is Titan Machinery's operating margin?

Titan Machinery's operating income was −$6.71M on revenue of $2.43B in fiscal 2026, an operating margin of -0.3%, compared with 0.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition