TITN
Titan Machinery Inc
NASDAQ: TITN · INDUSTRIALS · INDUSTRIAL DISTRIBUTION
$20.27
-4.07% today
Updated 2026-04-29
Market cap
$473.71M
P/E ratio
—
P/S ratio
0.20x
EPS (TTM)
$-2.38
Dividend yield
—
52W range
$13 – $23
Volume
0.2M
Titan Machinery Inc (TITN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $292.60M | $432.97M | $690.44M | $838.78M | $1.09B | $1.66B | $2.20B | $2.23B | $1.90B | $1.37B | $1.21B | $1.20B | $1.26B | $1.31B | $1.41B | $1.71B | $2.21B | $2.76B | $2.70B | $2.43B |
| Revenue growth (YoY) | — | +48.0% | +59.5% | +21.5% | +30.5% | +51.6% | +32.5% | +1.3% | -14.7% | -28.0% | -11.3% | -0.8% | +4.9% | +3.5% | +8.1% | +21.3% | +29.1% | +24.9% | -2.0% | -10.2% |
| Cost of revenue | $243.99M | $360.92M | $570.57M | $697.69M | $919.92M | $1.38B | $1.86B | $1.88B | $1.59B | $1.16B | $999.35M | $987.64M | $1.03B | $1.05B | $1.15B | $1.38B | $1.77B | $2.23B | $2.31B | $2.04B |
| Gross profit | $48.61M | $72.05M | $119.87M | $141.09M | $174.57M | $275.46M | $339.36M | $348.07M | $308.38M | $205.91M | $213.73M | $215.30M | $231.59M | $250.82M | $261.36M | $332.72M | $439.84M | $531.35M | $395.63M | $382.56M |
| Gross margin | 16.6% | 16.6% | 17.4% | 16.8% | 15.9% | 16.6% | 15.4% | 15.6% | 16.2% | 15.1% | 17.6% | 17.9% | 18.4% | 19.2% | 18.5% | 19.4% | 19.9% | 19.3% | 14.6% | 15.8% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $37.40M | $53.19M | $86.94M | $109.00M | $130.54M | $193.86M | $247.56M | $291.20M | $273.27M | $220.52M | $213.37M | $203.20M | $201.34M | $24.13M | — | — | — | — | — | — |
| Operating income | $11.21M | $18.86M | $32.93M | $32.10M | $44.03M | $81.60M | $91.80M | $46.88M | $723000.00 | $-23.11M | $-2.37M | $925000.00 | $27.48M | $21.33M | $37.41M | $90.18M | $138.32M | $168.84M | $4.01M | $-2.68M |
| Operating margin | 3.8% | 4.4% | 4.8% | 3.8% | 4.0% | 4.9% | 4.2% | 2.1% | 0.0% | -1.7% | -0.2% | 0.1% | 2.2% | 1.6% | 2.7% | 5.3% | 6.3% | 6.1% | 0.1% | -0.1% |
| EBITDA | $13.33M | $18.13M | $39.06M | $41.89M | $54.79M | $98.51M | $116.92M | $87.67M | $32.49M | $5.43M | $27.23M | $37.20M | $53.66M | $64.16M | $73.17M | $124.63M | $163.52M | $200.32M | $42.61M | $34.88M |
| EBITDA margin | 4.6% | 4.2% | 5.7% | 5.0% | 5.0% | 5.9% | 5.3% | 3.9% | 1.7% | 0.4% | 2.2% | 3.1% | 4.3% | 4.9% | 5.2% | 7.3% | 7.4% | 7.3% | 1.6% | 1.4% |
| EBIT | $11.56M | $15.62M | $34.47M | $33.94M | $45.82M | $83.24M | $93.46M | $56.87M | $723000.00 | $-23.11M | $360000.00 | $12.10M | $30.05M | $23.86M | $37.94M | $92.61M | $138.32M | $168.84M | $4.01M | $-2.68M |
| Interest expense | $5.47M | $6.29M | $3.97M | $6.95M | $8.58M | $9.67M | $22.76M | $30.55M | $39.06M | $33.10M | $21.86M | $17.00M | $13.87M | $9.81M | $7.18M | $5.71M | $6.94M | $21.11M | $53.99M | $43.08M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $3.64M | $5.21M | $18.07M | $15.74M | $22.34M | $44.16M | $42.47M | $8.85M | $-32.16M | $-37.89M | $-14.18M | $-7.05M | $12.18M | $13.95M | $19.36M | $66.05M | $101.87M | $110.92M | $-36.91M | $-54.17M |
| Net income growth (YoY) | — | +43.3% | +246.7% | -12.9% | +42.0% | +97.7% | -3.8% | -79.2% | -463.3% | -17.8% | +62.6% | +50.3% | +272.8% | +14.5% | +38.7% | +241.2% | +54.2% | +8.9% | -133.3% | -46.8% |
| Profit margin | 1.2% | 1.2% | 2.6% | 1.9% | 2.0% | 2.7% | 1.9% | 0.4% | -1.7% | -2.8% | -1.2% | -0.6% | 1.0% | 1.1% | 1.4% | 3.9% | 4.6% | 4.0% | -1.4% | -2.2% |