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Titan Machinery TITN Australia — Other Asset Impairment Charges
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Where this comes from
Reported directly by Titan Machinery in its filing.
Tagged under the XBRL concept us-gaap:OtherAssetImpairmentCharges.
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 |
|---|---|---|---|---|---|
| Service | 12,839 | 2,433 | 1,158 | 867 | |
| 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) |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Titan Machinery's australia — other asset impairment charges?
- Titan Machinery (TITN) reported australia — other asset impairment charges of $0 in Q1 2026.
- What does australia — other asset impairment charges mean?
- Represents non-cash charges recognized when the carrying value of long-lived assets, including goodwill and intangible assets, exceeds their fair value. This metric indicates potential deterioration in the economic value of assets within the specific geographic segment. A lower value is generally preferred as it suggests stable asset valuations and avoids earnings volatility.
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