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Titan Machinery TITN Australia — Accounts Receivable, Allowance for Credit Loss, Writeoff

Other segment segments

Agriculture
$309K+5.8%
International
$104K
Construction Segment
$33K-37.7%
Agricultural Segment
$28K-6.7%

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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

See full
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:AllowanceForDoubtfulAccountsReceivableWriteOffs.

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 australia — accounts receivable, allowance for credit loss, writeoff?
Titan Machinery (TITN) reported australia — accounts receivable, allowance for credit loss, writeoff of $2K in Q1 2026.
What does australia — accounts receivable, allowance for credit loss, writeoff mean?
The actual amount of customer receivables in the Australia segment deemed uncollectible and removed from the balance sheet during the period. This represents realized credit losses rather than estimated provisions.

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