Titan Machinery Inc. (TITN) — Financial statements
Income statement, balance sheet, and cash flow for Titan Machinery Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,427↓10.2% | 2,702↓2.0% | 2,758↑24.9% | 2,209↑29.1% | 1,712 | |
| Cost of Revenue | 2,045↓11.4% | 2,306↑3.6% | 2,227↑25.9% | 1,769↑28.3% | 1,379 | |
| Gross Profit | 383↓3.3% | 396↓25.5% | 531↑20.8% | 440↑32.2% | 333 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00↓100.0% | 362↑26.7% | 286↑18.5% | 241 | |
| Other Expenses | 385↓1.3% | 390↑57305.0% | 0.68↓99.8% | 302 | 0.00 | |
| Operating Expenses | 385↓1.3% | 390↑7.5% | 363↑20.2% | 302↑25.1% | 241 | |
| Total Costs & Expenses | 2,429↓9.9% | 2,696↑4.1% | 2,590↑25.0% | 2,071↑27.8% | 1,620 | |
| Operating Results | ||||||
| Operating Income | -3↓166.9% | 4↓97.6% | 169↑22.1% | 138↑53.4% | 90 | |
| Depreciation & Amortization | 38↓2.7% | 39↑22.6% | 31↑24.9% | 25↓21.3% | 32 | |
| EBITDA | 35↓18.1% | 43↓78.7% | 200↑22.5% | 164↑31.2% | 125 | |
| EBIT | -3↓166.9% | 4↓97.6% | 169↑22.1% | 138↑49.4% | 93 | |
| Interest & Other Income | ||||||
| Net Interest Income | -43↑20.2% | -54↓203.2% | -18↓477.7% | -3↑6.1% | -3 | |
| Interest Income | 0.00 | 0.00↓100.0% | 3↓14.6% | 4↑58.9% | 2 | |
| Interest Expense | 43↓20.2% | 54↑155.8% | 21↑203.9% | 7↑21.6% | 6 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00↑100.0% | -2 | |
| Other Income / Expenses | -43↑20.9% | -54↓203.2% | -18↓477.7% | -3↑6.1% | -3 | |
| Income Before Tax | -45↑9.2% | -50↓133.1% | 151↑11.7% | 135↑55.6% | 87 | |
| Income Tax Expense | 9↑167.1% | -13↓133.9% | 39↑15.7% | 33↑60.0% | 21 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -54↓46.8% | -37↓132.8% | 112↑10.4% | 102↑54.2% | 66 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -54↓46.8% | -37↓133.3% | 111↑8.9% | 102↑54.2% | 66 | |
| Bottom-Line Net Income | -54↓46.8% | -37↓133.3% | 111↑10.3% | 101↑54.6% | 65 | |
| EPS (Basic) | -2.38↓46.0% | -1.63↓133.5% | 4.86↑8.0% | 4.50↑53.6% | 2.93 | |
| EPS (Diluted) | -2.38↓46.0% | -1.63↓133.1% | 4.93↑9.8% | 4.49↑53.8% | 2.92 | |
| Weighted Average Shares | 23↑0.8% | 23↓0.9% | 23↑1.9% | 22↑0.6% | 22 | |
| Weighted Average Diluted Shares | 23↑0.8% | 23↑0.5% | 22↑0.5% | 22↑0.6% | 22 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.