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Titan Machinery TITN Service — Cost of Revenue

Other product segments

Equipment
$336.16M-17.5%
Parts
$72.39M-0.9%
Other Revenue
$35.15M+7.7%

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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$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:CostOfGoodsAndServicesSold.

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 service — cost of revenue?
Titan Machinery (TITN) reported service — cost of revenue of $17.3M in Q1 2026.
How has Titan Machinery's service — cost of revenue changed year-over-year?
Titan Machinery's service — cost of revenue increased by 4.1% year-over-year, from $16.61M to $17.3M.
What is the long-term trend for Titan Machinery's service — cost of revenue?
Over 4 years (2022 to 2026), Titan Machinery's service — cost of revenue has grown at a 15.3% compound annual growth rate (CAGR), from $38.77M to $68.45M.
What does service — cost of revenue mean?
This metric captures the direct costs associated with delivering maintenance and repair services, including technician labor, specialized tools, and service-related overhead. Monitoring this figure is essential for evaluating the profitability and operational efficiency of the service department. A stable or declining ratio relative to service revenue indicates effective management of labor productivity and service delivery costs.