What is Titan Machinery's income tax?

Titan Machinery (TITN) reported income tax of $141K in Q1 2026.

How has Titan Machinery's income tax changed year-over-year?

Titan Machinery's income tax increased by 103.5% year-over-year, from -$4.08M to $141K.

What is the long-term trend for Titan Machinery's income tax?

Over 4 years (2022 to 2026), Titan Machinery's income tax has grown at a -19.5% compound annual growth rate (CAGR), from $20.86M to $8.77M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Titan Machinery TITN Income Tax

Income Tax at other companies

CaterpillarCAT

$670M+16.7%

Deere & CompanyDE

$518M-3.9%

AGCOAGCO

$4.6M+130%

Titan InternationalTWI

$4.63M+9.5%

Custom Truck One SourceCTOS

$297K+104%

Alamo GroupALG

$9.86M-1.8%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$23.1M-473%

CapEx--100%

Free cash flow$34.0M+478%

Valuation

See full

Market cap$500.3M+14.9%

Enterprise value$740.04M+12.8%

P/S0.2×0.0×

Profitability

See full

Gross margin16.2%+2.5pp

Operating margin-0.3%—

Net margin-2.3%0.0pp

FCF margin6.9%—

Returns & leverage

See full

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 us-gaap:IncomeTaxExpenseBenefit.

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

Ask your AI about Titan Machinery's income tax.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Titan Machinery's income tax?: Titan Machinery (TITN) reported income tax of $141K in Q1 2026.
How has Titan Machinery's income tax changed year-over-year?: Titan Machinery's income tax increased by 103.5% year-over-year, from -$4.08M to $141K.
What is the long-term trend for Titan Machinery's income tax?: Over 4 years (2022 to 2026), Titan Machinery's income tax has grown at a -19.5% compound annual growth rate (CAGR), from $20.86M to $8.77M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.