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Titan Machinery TITN Construction Segment — Floorplan interest expense

Other segment segments

Agricultural Segment
$2.83M-26.8%
Australia
$423K-25.7%
International
$212K-72.3%

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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: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 itemAgricultureConstructionEuropeAustraliaTotal
Rental and other1,3215,458285189
Operating expense57,47014,21510,4988,218
Impairment charge (1)502
Floorplan interest expense2,828961212423
Other segment expense (income), net (2)2,0711,433(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 construction segment — floorplan interest expense?
Titan Machinery (TITN) reported construction segment — floorplan interest expense of $961K in Q1 2026.
How has Titan Machinery's construction segment — floorplan interest expense changed year-over-year?
Titan Machinery's construction segment — floorplan interest expense decreased by 19.0% year-over-year, from $1.19M to $961K.
What does construction segment — floorplan interest expense mean?
This metric measures the interest costs incurred to finance the inventory of construction equipment held for sale. It reflects the cost of capital required to maintain a ready supply of machinery and is sensitive to both inventory turnover rates and prevailing interest rates.

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