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Titan Machinery TITN Floorplan payable

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Other financials

Income statement

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Revenue$522.4M-12.1%
Gross profit$89.3M-1.8%
Operating income-$5.6M+2.3%
Net income-$12.6M+4.5%
EPS (diluted)-$0.55+5.2%

Balance sheet

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Cash & equivalents$29.6M+37.5%
Total debt$269.3M+11.3%
Total equity$566.5M-6.4%
Total assets$1.6B-10.2%

Cash flow

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Operating cash flow-$23.1M-473%
CapEx--100%
Free cash flow$34.0M+478%

Valuation

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Market cap$500.3M+14.9%
Enterprise value$740.04M+12.8%
P/S0.2×0.0×

Profitability

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Gross margin16.2%+2.5pp
Operating margin-0.3%
Net margin-2.3%0.0pp
FCF margin6.9%

Returns & leverage

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Return on equity-9.1%-0.2pp
Debt / equity0.5×+0.1×
Current ratio1.4×0.0×

Where this comes from

Reported directly by Titan Machinery in its filing.

Tagged under the XBRL concept titn:FloorplanNotesPayable.

The official record: Titan Machinery’s 10-Q, filed June 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Titan Machinery's floorplan payable?
Titan Machinery (TITN) reported floorplan payable of $588.99M in Q1 2026.
How has Titan Machinery's floorplan payable changed year-over-year?
Titan Machinery's floorplan payable decreased by 23.5% year-over-year, from $769.61M to $588.99M.
What is the long-term trend for Titan Machinery's floorplan payable?
Over 5 years (2021 to 2026), Titan Machinery's floorplan payable has grown at a 27.9% compound annual growth rate (CAGR), from $161.84M to $553.75M.
What does floorplan payable mean?
This metric represents the short-term debt obligations incurred by a dealership to finance the purchase of equipment inventory from manufacturers. It reflects the company's reliance on credit facilities to maintain stock levels for agricultural and construction machinery. Monitoring this balance is essential for assessing liquidity risk and the cost of carrying inventory before it is sold to end customers.