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Titan Machinery TITN Agricultural Segment — Goodwill

Other segment segments

Australia
$27.47M

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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:Goodwill.

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 itemAgricultureAustraliaTotal
(in thousands)
January 31, 2026$39,220$26,363$65,583
Adjustment to business combinations completed in prior year310310
Foreign currency translation793793
April 30, 2026$39,220$27,466$66,686

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Titan Machinery's agricultural segment — goodwill?
Titan Machinery (TITN) reported agricultural segment — goodwill of $39.22M in Q1 2026.
How has Titan Machinery's agricultural segment — goodwill changed year-over-year?
Titan Machinery's agricultural segment — goodwill increased by 3.7% year-over-year, from $37.82M to $39.22M.
What is the long-term trend for Titan Machinery's agricultural segment — goodwill?
Over 3 years (2023 to 2026), Titan Machinery's agricultural segment — goodwill has grown at a 23.9% compound annual growth rate (CAGR), from $81.71M to $155.48M.
What does agricultural segment — goodwill mean?
This represents the premium paid over the fair value of net assets acquired in business combinations specifically allocated to the agricultural segment. It reflects the long-term value of synergies, brand reputation, and market presence within the agricultural industry.

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