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Titan Machinery TITN Agricultural Segment — Floorplan interest expense
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Where this comes from
Reported directly by Titan Machinery in its filing.
Tagged under the XBRL concept us-gaap:FinancingInterestExpense.
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 | Agriculture | Construction | Europe | Australia | Total |
|---|---|---|---|---|---|
| Rental and other | 1,321 | 5,458 | 285 | 189 | |
| Operating expense | 57,470 | 14,215 | 10,498 | 8,218 | |
| Impairment charge (1) | — | — | 502 | — | |
| Floorplan interest expense | 2,828 | 961 | 212 | 423 | |
| Other segment expense (income), net (2) | 2,071 | 1,433 | (561) | 520 | |
| Segment loss before taxes | $(6,181) | $(612) | $(933) | $(1,781) | $(9,507) |
| Shared resources unallocated expense | (2,968) | ||||
| Loss before taxes | $(12,475) |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Titan Machinery's agricultural segment — floorplan interest expense?
- Titan Machinery (TITN) reported agricultural segment — floorplan interest expense of $2.83M in Q1 2026.
- How has Titan Machinery's agricultural segment — floorplan interest expense changed year-over-year?
- Titan Machinery's agricultural segment — floorplan interest expense decreased by 26.8% year-over-year, from $3.87M to $2.83M.
- What does agricultural segment — floorplan interest expense mean?
- This represents the interest costs incurred specifically to finance the inventory of agricultural machinery held for sale. It reflects the cost of carrying large equipment stock through floorplan financing arrangements. Monitoring this expense helps assess the impact of inventory levels and interest rate fluctuations on the segment's profitability.
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