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Titan Machinery TITN Operating Income

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Other financials

Income statement

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Revenue$522.4M-12.1%
Gross profit$89.3M-1.8%
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$444.84M-2.6%
Enterprise value$684.58M+0.2%
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 us-gaap:OperatingIncomeLoss.

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 itemThree Months Ended April 30, 2026Three Months Ended April 30, 2025
Gross Profit89,28390,935
Operating Expenses94,38296,404
Impairment of Intangible and Long-Lived Assets502266
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)
Other interest expense(4,623)(4,533)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Titan Machinery's operating income?
Titan Machinery (TITN) reported operating income of -$5.6M in Q1 2026.
How has Titan Machinery's operating income changed year-over-year?
Titan Machinery's operating income increased by 2.3% year-over-year, from -$5.74M to -$5.6M.
What is the long-term trend for Titan Machinery's operating income?
Over 3 years (2022 to 2026), Titan Machinery's operating income has grown at a -57.9% compound annual growth rate (CAGR), from $90.18M to -$6.71M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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