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Titan Machinery TITN Impairment Charges
Impairment Charges at other companies
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Where this comes from
Reported directly by Titan Machinery in its filing.
Tagged under the XBRL concept us-gaap:OtherAssetImpairmentCharges.
The source filing: Titan Machinery’s 10-Q, filed June 9, 2026.
- Filed
- Jun 9, 2026, 12:41 PM EDT
- Fiscal quarter
- Q1 FY2027
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-041821
| Line item | Three Months Ended April 30, 2026 | Three Months Ended April 30, 2025 |
|---|---|---|
| Total Cost of Revenue | 433,098 | 503,401 |
| Gross Profit | 89,283 | 90,935 |
| Operating Expenses | 94,382 | 96,404 |
| Impairment of Intangible and Long-Lived Assets | 502 | 266 |
| Loss from Operations | (5,601) | (5,735) |
| Other Income (Expense) | ||
| Interest and other income (expense) | 1,302 | (488) |
| Floorplan interest expense | (3,553) | (6,526) |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Titan Machinery's impairment charges?
- Titan Machinery (TITN) reported impairment charges of $502K in Q1 2026.
- How has Titan Machinery's impairment charges changed year-over-year?
- Titan Machinery's impairment charges increased by 88.7% year-over-year, from $266K to $502K.
- What is the long-term trend for Titan Machinery's impairment charges?
- Over 4 years (2022 to 2026), Titan Machinery's impairment charges has grown at a 11.2% compound annual growth rate (CAGR), from $1.5M to $2.29M.
- What does impairment charges mean?
- Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.
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