vs

Side-by-side financial comparison of BOSTON BEER CO INC (SAM) and Titan Machinery Inc. (TITN). Click either name above to swap in a different company.

Titan Machinery Inc. is the larger business by last-quarter revenue ($644.5M vs $461.6M, roughly 1.4× BOSTON BEER CO INC). On growth, BOSTON BEER CO INC posted the faster year-over-year revenue change (-4.1% vs -5.2%). Over the past eight quarters, BOSTON BEER CO INC's revenue compounded faster (-10.7% CAGR vs -13.0%).

The Boston Beer Company is an American brewery founded in 1984 by James "Jim" Koch and Rhonda Kallman. Boston Beer Company's first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding, Boston Beer has started several other brands, and in 2019 completed a merger with Dogfish Head Brewery.

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.

SAM vs TITN — Head-to-Head

Bigger by revenue
TITN
TITN
1.4× larger
TITN
$644.5M
$461.6M
SAM
Growing faster (revenue YoY)
SAM
SAM
+1.1% gap
SAM
-4.1%
-5.2%
TITN
Faster 2-yr revenue CAGR
SAM
SAM
Annualised
SAM
-10.7%
-13.0%
TITN

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
SAM
SAM
TITN
TITN
Revenue
$461.6M
$644.5M
Net Profit
$1.2M
Gross Margin
46.4%
17.2%
Operating Margin
12.4%
1.6%
Net Margin
0.2%
Revenue YoY
-4.1%
-5.2%
Net Profit YoY
-30.1%
EPS (diluted)
$2.16
$0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SAM
SAM
TITN
TITN
Q1 26
$461.6M
Q4 25
$385.7M
$644.5M
Q3 25
$537.5M
$546.4M
Q2 25
$587.9M
$594.3M
Q1 25
$453.9M
$759.9M
Q4 24
$402.3M
$679.8M
Q3 24
$605.5M
$633.7M
Q2 24
$579.1M
$628.7M
Net Profit
SAM
SAM
TITN
TITN
Q1 26
Q4 25
$-22.5M
$1.2M
Q3 25
$46.2M
$-6.0M
Q2 25
$60.4M
$-13.2M
Q1 25
$24.4M
$-43.8M
Q4 24
$-38.8M
$1.7M
Q3 24
$33.5M
$-4.3M
Q2 24
$52.3M
$9.4M
Gross Margin
SAM
SAM
TITN
TITN
Q1 26
46.4%
Q4 25
43.5%
17.2%
Q3 25
50.8%
17.1%
Q2 25
49.8%
15.3%
Q1 25
48.3%
6.7%
Q4 24
39.9%
16.3%
Q3 24
46.3%
17.7%
Q2 24
46.0%
19.4%
Operating Margin
SAM
SAM
TITN
TITN
Q1 26
12.4%
Q4 25
-8.6%
1.6%
Q3 25
11.5%
0.1%
Q2 25
14.0%
-1.0%
Q1 25
7.4%
-6.0%
Q4 24
-13.9%
1.7%
Q3 24
7.6%
2.5%
Q2 24
12.2%
3.6%
Net Margin
SAM
SAM
TITN
TITN
Q1 26
Q4 25
-5.8%
0.2%
Q3 25
8.6%
-1.1%
Q2 25
10.3%
-2.2%
Q1 25
5.4%
-5.8%
Q4 24
-9.6%
0.3%
Q3 24
5.5%
-0.7%
Q2 24
9.0%
1.5%
EPS (diluted)
SAM
SAM
TITN
TITN
Q1 26
$2.16
Q4 25
$-1.97
$0.05
Q3 25
$4.25
$-0.26
Q2 25
$5.45
$-0.58
Q1 25
$2.16
$-1.92
Q4 24
$-3.23
$0.07
Q3 24
$2.86
$-0.19
Q2 24
$4.39
$0.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SAM
SAM
TITN
TITN
Cash + ST InvestmentsLiquidity on hand
$164.1M
Total DebtLower is stronger
$176.6M
Stockholders' EquityBook value
$682.6M
$612.6M
Total Assets
$1.2B
$1.8B
Debt / EquityLower = less leverage
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SAM
SAM
TITN
TITN
Q1 26
$164.1M
Q4 25
$223.4M
Q3 25
$250.5M
Q2 25
$212.4M
Q1 25
$152.5M
Q4 24
$211.8M
Q3 24
$255.6M
Q2 24
$219.3M
Total Debt
SAM
SAM
TITN
TITN
Q1 26
Q4 25
$176.6M
Q3 25
$164.5M
Q2 25
$165.3M
Q1 25
$168.7M
Q4 24
$140.6M
Q3 24
$126.6M
Q2 24
$119.3M
Stockholders' Equity
SAM
SAM
TITN
TITN
Q1 26
$682.6M
Q4 25
$846.3M
$612.6M
Q3 25
$911.0M
$610.3M
Q2 25
$912.3M
$605.4M
Q1 25
$897.0M
$614.1M
Q4 24
$916.2M
$668.2M
Q3 24
$1.0B
$659.6M
Q2 24
$1.0B
$662.6M
Total Assets
SAM
SAM
TITN
TITN
Q1 26
$1.2B
Q4 25
$1.2B
$1.8B
Q3 25
$1.2B
$1.9B
Q2 25
$1.3B
$1.8B
Q1 25
$1.2B
$1.8B
Q4 24
$1.3B
$2.1B
Q3 24
$1.4B
$2.2B
Q2 24
$1.4B
$2.1B
Debt / Equity
SAM
SAM
TITN
TITN
Q1 26
Q4 25
0.29×
Q3 25
0.27×
Q2 25
0.27×
Q1 25
0.27×
Q4 24
0.21×
Q3 24
0.19×
Q2 24
0.18×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SAM
SAM
TITN
TITN
Operating Cash FlowLast quarter
$34.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
28.37×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SAM
SAM
TITN
TITN
Q1 26
Q4 25
$39.9M
$34.0M
Q3 25
$101.8M
$43.7M
Q2 25
$126.5M
$6.2M
Q1 25
$1.9M
$126.5M
Q4 24
$41.9M
$-8.8M
Q3 24
$115.9M
$-15.0M
Q2 24
$96.0M
$-32.4M
Free Cash Flow
SAM
SAM
TITN
TITN
Q1 26
Q4 25
$22.1M
Q3 25
$89.2M
Q2 25
$112.2M
Q1 25
$-8.0M
Q4 24
$18.4M
Q3 24
$99.2M
Q2 24
$75.6M
FCF Margin
SAM
SAM
TITN
TITN
Q1 26
Q4 25
5.7%
Q3 25
16.6%
Q2 25
19.1%
Q1 25
-1.8%
Q4 24
4.6%
Q3 24
16.4%
Q2 24
13.1%
Capex Intensity
SAM
SAM
TITN
TITN
Q1 26
Q4 25
4.6%
Q3 25
2.3%
Q2 25
2.4%
Q1 25
2.2%
Q4 24
5.8%
Q3 24
2.8%
Q2 24
3.5%
Cash Conversion
SAM
SAM
TITN
TITN
Q1 26
Q4 25
28.37×
Q3 25
2.21×
Q2 25
2.09×
Q1 25
0.08×
Q4 24
-5.15×
Q3 24
3.46×
Q2 24
1.83×
-3.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SAM
SAM

Segment breakdown not available.

TITN
TITN

Agriculture Segment$420.9M65%
Sales Of Parts$122.3M19%
Service Sales$48.9M8%
Australia_segment$29.9M5%
Rental And Other$13.3M2%
Rental$10.3M2%
Other Revenue$1.1M0%

Related Comparisons