Titan Machinery Inc
NASDAQ:TITN

Watchlist Manager
Titan Machinery Inc Logo
Titan Machinery Inc
NASDAQ:TITN
Watchlist
Price: 18.78 USD 6.77% Market Closed
Market Cap: $438.9m

Titan Machinery Inc
Investor Relations

Titan Machinery, Inc. engages in the management of agricultural and construction equipment stores. The company is headquartered in West Fargo, North Dakota and currently employs 2,288 full-time employees. The company went IPO on 2007-12-06. The firm operates its business through three reportable segments: Agriculture, Construction and International, within which the Company engaged in four principal business activities, including new and used equipment sales, parts sales, equipment repair and maintenance services, and equipment rental and other activities. Its agriculture stores in the United States are located in Iowa, Minnesota, Nebraska, North Dakota, South Dakota and Wyoming. The Company’s construction stores are located in Colorado, Iowa, Minnesota, Nebraska, North Dakota, South Dakota and Wisconsin. Its international stores are located in the European countries of Bulgaria, Germany, Romania and Ukraine. The company has a network of approximately 74 stores located in the United States and over 35 stores in Europe.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q4 2026
Call Date
Mar 19, 2026
AI Summary
Q4 2026

Inventory: Titan reduced total inventory by more than $200 million in fiscal 2026 and $625 million since the peak 18 months ago, improving mix and aged inventory materially.

Revenue: Q4 revenue was $641.8 million, down 14.6% same-store; full-year revenue was $2.4 billion vs $2.7 billion last year.

Profitability: Q4 gross profit rose to $87.0 million and gross margin to 13.5% (about double prior-year Q4), but Q4 GAAP net loss was $36.2 million (loss per diluted share $1.59).

Segment outlook: Fiscal 2027 modeling assumptions: Domestic ag revenue down 15%–20%; Construction flat to +5%; Europe down 20%–25%; Australia +10%–15%.

Operating posture: Management is shifting from inventory reduction to product-mix optimization and expects parts & service to provide stability as equipment volumes stay weak.

Fiscal 2027 guidance: Adjusted loss per share modeled at $1.25–$1.75 and adjusted EBITDA guided to $17 million–$29 million; floorplan interest expected to decline ~25%.

Key Financials
Total revenue (Q4)
$641.8 million
Gross profit (Q4)
$87.0 million
Gross profit margin (Q4)
13.5%
Operating expenses (Q4)
$95.7 million
Floorplan and other interest expense (Q4)
$9.6 million
Net loss (Q4)
$36.2 million
Loss per diluted share (Q4)
$1.59
Cash
$28 million
Adjusted debt to tangible net worth
1.7x
Total equipment inventory
$725 million
Aged equipment (>$12 months)
$174 million
Full-year revenue (FY 2026)
$2.4 billion
Equipment margin (full year)
7.3% (fiscal 2026)
CapEx (fiscal 2027 guidance)
$15 million
Depreciation & amortization
$35 million (approx.)
Earnings Call Recording
Other Earnings Calls

Management

Mr. David Joseph Meyer
Executive Chairman of the Board & Co-Founder
No Bio Available
Mr. Bryan J. Knutson
President, CEO & Director
No Bio Available
Mr. Robert Larsen
CFO & Treasurer
No Bio Available
Mr. Jason Anderson
Vice President of Human Resources & Administration
No Bio Available
Mr. Steve Noack J.D.
General Counsel, Compliance Officer & Corporate Secretary
No Bio Available

Contacts

Address
NORTH DAKOTA
West Fargo
644 E Beaton Dr
Contacts
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett