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Titan Machinery TITN Australia — 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 australia — floorplan interest expense?
- Titan Machinery (TITN) reported australia — floorplan interest expense of $423K in Q1 2026.
- How has Titan Machinery's australia — floorplan interest expense changed year-over-year?
- Titan Machinery's australia — floorplan interest expense decreased by 25.7% year-over-year, from $569K to $423K.
- What does australia — floorplan interest expense mean?
- Reflects the interest costs incurred to finance the inventory of equipment held for sale, commonly referred to as floorplan financing. This expense is a critical component of the cost of carrying inventory in capital-intensive industries like machinery distribution. Monitoring this helps assess the impact of interest rate fluctuations and inventory turnover efficiency on segment profitability.
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