Titan Machinery Inc.TITNEarnings & Financial Report
Titan Machinery, Inc. is one of the largest dealers of agricultural and construction equipment and claims to be the largest dealer for the CNH Industrial brands in the world. It is based in West Fargo, North Dakota and has locations throughout the Midwestern United States, Australia, Austria, Bulgaria, Germany, Romania and Ukraine. The company is publicly traded on NASDAQ using the symbol TITN. As of 2023, the company reported a total revenue of US$2.209 billion.
TITN Q3 2026 Key Financial Metrics
Revenue
$644.5M
Gross Profit
$111.0M
Operating Profit
$10.3M
Net Profit
$1.2M
Gross Margin
17.2%
Operating Margin
1.6%
Net Margin
0.2%
YoY Growth
-5.2%
EPS
$0.05
Financial Flow
Titan Machinery Inc. Q3 2026 Financial Summary
Titan Machinery Inc. reported revenue of $644.5M for Q3 2026, with a net profit of $1.2M (0.2% margin). Cost of goods sold was $533.5M, operating expenses totaled $100.7M.
Key Financial Metrics
| Total Revenue | $644.5M |
|---|---|
| Net Profit | $1.2M |
| Gross Margin | 17.2% |
| Operating Margin | 1.6% |
| Report Period | Q3 2026 |
Titan Machinery Inc. Annual Revenue by Year
Titan Machinery Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.7B |
| 2024 | $2.8B |
| 2023 | $2.2B |
| 2022 | $1.7B |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $852.1M | $628.7M | $633.7M | $679.8M | $759.9M | $594.3M | $546.4M | $644.5M |
| YoY Growth | 46.2% | 10.4% | -1.4% | -2.1% | -10.8% | -5.5% | -13.8% | -5.2% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.99B | $2.09B | $2.22B | $2.11B | $1.81B | $1.80B | $1.88B | $1.77B |
| Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | $657.6M | $662.6M | $659.6M | $668.2M | $614.1M | $605.4M | $610.3M | $612.6M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $49.8M | $-32.4M | $-15.0M | $-8.8M | $126.5M | $6.2M | $43.7M | $34.0M |
