Titan Machinery Inc.
Financial highlights
| Metric | FY 01/31/26 | FY 01/31/25 | FY 01/31/24 | FY 01/31/23 | FY 01/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.4B | $2.7B | $2.8B | $2.2B | $1.7B |
| Cost of revenue | $2.0B | $2.3B | $2.2B | $1.8B | $1.4B |
| Gross profit | $382.6M | $395.6M | $531.4M | $439.8M | $332.7M |
| Operating expenses | $385.2M | $389.8M | $362.5M | $301.5M | $241.0M |
| Operating income | -$6.7M | $4.0M | $168.8M | $138.3M | $90.2M |
| Interest expense | $0 | $9.7M | — | $6.9M | $5.7M |
| Pretax income | -$45.4M | -$50.0M | $151.0M | $135.2M | $86.9M |
| Income tax expense | $8.8M | -$13.1M | $38.6M | $33.4M | $20.9M |
| Net income | -$54.2M | -$36.9M | $112.4M | $101.9M | $66.0M |
| Balance Sheet | |||||
| Cash and equivalents | — | — | — | — | $146.1M |
| Current assets | $1.1B | $1.3B | $1.5B | $869.2M | $690.3M |
| Total assets | $1.6B | $1.8B | $2.0B | $1.2B | $946.7M |
| Current liabilities | $772.0M | $961.0M | $1.2B | $498.2M | $374.7M |
| Stockholders' equity | $579.3M | $614.1M | $657.6M | $536.3M | $435.2M |
| Cash Flow Statement | |||||
| Cash from operations | $137.5M | $70.3M | -$32.3M | $10.8M | $158.9M |
| Depreciation and amortization | $37.6M | $38.6M | $31.5M | $25.2M | $22.1M |
| Stock-based compensation | $5.6M | $4.3M | $3.1M | $3.2M | $2.6M |
| Capital expenditure | — | $36.0M | $17.9M | $6.4M | $14.6M |
| Free cash flow | — | $34.3M | -$50.2M | $4.4M | $144.3M |
| Impairments | $2.3M | $1.8M | $0 | $0 | $1.5M |
Shares outstanding 23.3M · Free float 89.2%
Annual filing data through FY ended January 31, 2026; float as of July 13, 2026.