vs

Side-by-side financial comparison of Titan Machinery Inc. (TITN) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.

Virtu Financial, Inc. is the larger business by last-quarter revenue ($1.1B vs $644.5M, roughly 1.7× Titan Machinery Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 0.2%, a 31.5% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs -5.2%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% CAGR vs -13.0%).

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.

Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.

TITN vs VIRT — Head-to-Head

Bigger by revenue
VIRT
VIRT
1.7× larger
VIRT
$1.1B
$644.5M
TITN
Growing faster (revenue YoY)
VIRT
VIRT
+35.9% gap
VIRT
30.7%
-5.2%
TITN
Higher net margin
VIRT
VIRT
31.5% more per $
VIRT
31.6%
0.2%
TITN
Faster 2-yr revenue CAGR
VIRT
VIRT
Annualised
VIRT
25.7%
-13.0%
TITN

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
TITN
TITN
VIRT
VIRT
Revenue
$644.5M
$1.1B
Net Profit
$1.2M
$346.6M
Gross Margin
17.2%
Operating Margin
1.6%
37.4%
Net Margin
0.2%
31.6%
Revenue YoY
-5.2%
30.7%
Net Profit YoY
-30.1%
82.8%
EPS (diluted)
$0.05
$1.99

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
TITN
TITN
VIRT
VIRT
Q1 26
$1.1B
Q4 25
$644.5M
$969.9M
Q3 25
$546.4M
$824.8M
Q2 25
$594.3M
$999.6M
Q1 25
$759.9M
$837.9M
Q4 24
$679.8M
$834.3M
Q3 24
$633.7M
$706.8M
Q2 24
$628.7M
$693.0M
Net Profit
TITN
TITN
VIRT
VIRT
Q1 26
$346.6M
Q4 25
$1.2M
$139.9M
Q3 25
$-6.0M
$77.6M
Q2 25
$-13.2M
$151.2M
Q1 25
$-43.8M
$99.7M
Q4 24
$1.7M
$94.1M
Q3 24
$-4.3M
$60.0M
Q2 24
$9.4M
$66.6M
Gross Margin
TITN
TITN
VIRT
VIRT
Q1 26
Q4 25
17.2%
Q3 25
17.1%
Q2 25
15.3%
Q1 25
6.7%
Q4 24
16.3%
Q3 24
17.7%
Q2 24
19.4%
Operating Margin
TITN
TITN
VIRT
VIRT
Q1 26
37.4%
Q4 25
1.6%
35.4%
Q3 25
0.1%
21.8%
Q2 25
-1.0%
34.7%
Q1 25
-6.0%
26.7%
Q4 24
1.7%
24.3%
Q3 24
2.5%
20.8%
Q2 24
3.6%
22.4%
Net Margin
TITN
TITN
VIRT
VIRT
Q1 26
31.6%
Q4 25
0.2%
14.4%
Q3 25
-1.1%
9.4%
Q2 25
-2.2%
15.1%
Q1 25
-5.8%
11.9%
Q4 24
0.3%
11.3%
Q3 24
-0.7%
8.5%
Q2 24
1.5%
9.6%
EPS (diluted)
TITN
TITN
VIRT
VIRT
Q1 26
$1.99
Q4 25
$0.05
$1.54
Q3 25
$-0.26
$0.86
Q2 25
$-0.58
$1.65
Q1 25
$-1.92
$1.08
Q4 24
$0.07
$1.03
Q3 24
$-0.19
$0.64
Q2 24
$0.41
$0.71

Balance Sheet & Financial Strength

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

Metric
TITN
TITN
VIRT
VIRT
Cash + ST InvestmentsLiquidity on hand
$973.2M
Total DebtLower is stronger
$176.6M
Stockholders' EquityBook value
$612.6M
$2.2B
Total Assets
$1.8B
$25.1B
Debt / EquityLower = less leverage
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TITN
TITN
VIRT
VIRT
Q1 26
$973.2M
Q4 25
$1.1B
Q3 25
$707.9M
Q2 25
$752.1M
Q1 25
$723.6M
Q4 24
$872.5M
Q3 24
$701.4M
Q2 24
$684.8M
Total Debt
TITN
TITN
VIRT
VIRT
Q1 26
Q4 25
$176.6M
$2.0B
Q3 25
$164.5M
$2.0B
Q2 25
$165.3M
$1.7B
Q1 25
$168.7M
$1.7B
Q4 24
$140.6M
$1.7B
Q3 24
$126.6M
$1.7B
Q2 24
$119.3M
$1.7B
Stockholders' Equity
TITN
TITN
VIRT
VIRT
Q1 26
$2.2B
Q4 25
$612.6M
$1.6B
Q3 25
$610.3M
$1.5B
Q2 25
$605.4M
$1.4B
Q1 25
$614.1M
$1.3B
Q4 24
$668.2M
$1.3B
Q3 24
$659.6M
$1.2B
Q2 24
$662.6M
$1.2B
Total Assets
TITN
TITN
VIRT
VIRT
Q1 26
$25.1B
Q4 25
$1.8B
$20.2B
Q3 25
$1.9B
$21.3B
Q2 25
$1.8B
$19.3B
Q1 25
$1.8B
$17.5B
Q4 24
$2.1B
$15.4B
Q3 24
$2.2B
$14.4B
Q2 24
$2.1B
$13.9B
Debt / Equity
TITN
TITN
VIRT
VIRT
Q1 26
Q4 25
0.29×
1.29×
Q3 25
0.27×
1.40×
Q2 25
0.27×
1.24×
Q1 25
0.27×
1.33×
Q4 24
0.21×
1.39×
Q3 24
0.19×
1.41×
Q2 24
0.18×
1.41×

Cash Flow & Capital Efficiency

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

Metric
TITN
TITN
VIRT
VIRT
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
TITN
TITN
VIRT
VIRT
Q1 26
Q4 25
$34.0M
$518.4M
Q3 25
$43.7M
$-68.7M
Q2 25
$6.2M
$62.8M
Q1 25
$126.5M
$15.0M
Q4 24
$-8.8M
$599.0M
Q3 24
$-15.0M
$112.1M
Q2 24
$-32.4M
$490.8M
Free Cash Flow
TITN
TITN
VIRT
VIRT
Q1 26
Q4 25
$495.6M
Q3 25
$-76.7M
Q2 25
$57.6M
Q1 25
$9.2M
Q4 24
$586.6M
Q3 24
$106.2M
Q2 24
$486.9M
FCF Margin
TITN
TITN
VIRT
VIRT
Q1 26
Q4 25
51.1%
Q3 25
-9.3%
Q2 25
5.8%
Q1 25
1.1%
Q4 24
70.3%
Q3 24
15.0%
Q2 24
70.3%
Capex Intensity
TITN
TITN
VIRT
VIRT
Q1 26
Q4 25
2.4%
Q3 25
1.0%
Q2 25
0.5%
Q1 25
0.7%
Q4 24
1.5%
Q3 24
0.8%
Q2 24
0.6%
Cash Conversion
TITN
TITN
VIRT
VIRT
Q1 26
Q4 25
28.37×
3.71×
Q3 25
-0.89×
Q2 25
0.42×
Q1 25
0.15×
Q4 24
-5.15×
6.37×
Q3 24
1.87×
Q2 24
-3.43×
7.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

VIRT
VIRT

Trading income, net$789.1M72%
Commissions, net and technology services$186.6M17%
Other$119.6M11%

Related Comparisons