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Titan Machinery TITN Agricultural Segment — Operating Expenses

Other segment segments

Construction Segment
$14.22M-6.2%
International
$10.5M-6.3%
Australia
$8.22M+15.5%

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MLPAgribusiness Venture — Operating Expenses
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TRCFarming — Other expenses
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TWIAgriculture — Cost of Sales
$174.33M+0.6%
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ROCKAgtech — Operating Expenses
$52.3M+25.6%

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$500.3M+14.9%
Enterprise value$740.04M+12.8%
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:OperatingExpenses.

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

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Questions, answered.

What is Titan Machinery's agricultural segment — operating expenses?
Titan Machinery (TITN) reported agricultural segment — operating expenses of $57.47M in Q1 2026.
How has Titan Machinery's agricultural segment — operating expenses changed year-over-year?
Titan Machinery's agricultural segment — operating expenses decreased by 3.5% year-over-year, from $59.55M to $57.47M.
What is the long-term trend for Titan Machinery's agricultural segment — operating expenses?
Over 3 years (2023 to 2026), Titan Machinery's agricultural segment — operating expenses has grown at a 6.3% compound annual growth rate (CAGR), from $199.02M to $239.3M.
What does agricultural segment — operating expenses mean?
This includes all costs associated with the day-to-day operations of the agricultural segment, such as selling, general, and administrative expenses. Monitoring this metric is essential for evaluating the operational efficiency and cost management of the agricultural business.