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Titan Machinery TITN Agricultural Segment — Accounts Receivable, Credit Loss Expense (Reversal)

Other segment segments

International
$287K+57.7%
Agriculture
$213K-66.8%
Construction Segment
$33K+320%
Australia
$25K+150%

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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$426.2M-2.6%
Enterprise value$665.94M+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:ProvisionForDoubtfulAccounts.

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 itemAgricultureConstructionEuropeAustraliaTotal
Balance at January 31, 2026$515$199$1,277$102$2,093
Current expected credit loss provision423328725387
Write-offs charged against allowance(28)(33)(104)(2)(167)
Credit loss recoveries collected13821
Foreign exchange impact(25)3(22)
Balance at April 30, 2026$542$207$1,435$128$2,312

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Titan Machinery's agricultural segment — accounts receivable, credit loss expense (reversal)?
Titan Machinery (TITN) reported agricultural segment — accounts receivable, credit loss expense (reversal) of $42K in Q1 2026.
How has Titan Machinery's agricultural segment — accounts receivable, credit loss expense (reversal) changed year-over-year?
Titan Machinery's agricultural segment — accounts receivable, credit loss expense (reversal) increased by 950.0% year-over-year, from $4K to $42K.
What does agricultural segment — accounts receivable, credit loss expense (reversal) mean?
This metric tracks the periodic expense recognized for potential uncollectible accounts or the reversal of previously recorded provisions. It provides insight into the credit quality of the agricultural customer base and the accuracy of historical loss estimates.

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