Titan Machinery Inc (TITN)

Name: Titan Machinery Inc Financial Statements
Creator: Quarter Results

Industrials | Industrial Distribution

Latest reporting period: 2025-10-31

Latest Quarter

2025-10-31

Revenue

$645M

Net Income

$1.2M

Operating Margin

1.6%

Free Cash Flow

$18.4M

Debt / Assets

66.1%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Titan Machinery Inc (TITN).
Income Statement (Quarterly)	2025-10-31	2025-07-31	2025-04-30	2025-01-31
Revenue	644,511,000	546,426,000	594,336,000	759,921,000
Cost of Revenue	533,495,000	452,780,000	503,401,000	708,918,000
Gross Profit	111,016,000	93,646,000	90,935,000	51,003,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	0	0	0	0
Operating Expenses	100,474,000	92,984,000	96,670,000	96,693,000
Operating Income	10,542,000	662,000	-5,735,000	-45,794,000
Interest Expense	10,938,000	11,536,000	11,547,000	13,000,000
Income Before Tax	2,808,000	-8,236,000	-17,282,000	-58,794,000
Income Tax Expense	1,610,000	-2,236,000	-4,078,000	-15,033,000
Net Income	1,198,000	-6,000,000	-13,204,000	-43,761,000
Per Share
EPS	0.05	-0.26	-0.58	-1.93
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Titan Machinery Inc (TITN).
Income Statement (Annual)	2025-01-31	2024-01-31	2023-01-31	2022-01-31	2021-01-31
Revenue	2,702,122,000	2,758,445,000	2,209,306,000	1,711,906,000	1,411,222,000
Cost of Revenue	2,306,492,000	2,227,091,000	1,769,467,000	1,379,182,000	1,149,860,000
Gross Profit	395,630,000	531,354,000	439,839,000	332,724,000	261,362,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	0	361,830,000	285,616,000	241,044,000	0
Operating Expenses	389,780,000	362,509,000	301,516,000	241,044,000	220,774,000
Operating Income	4,008,000	168,845,000	138,323,000	90,182,000	37,408,000
Interest Expense	53,993,000	21,105,000	6,944,000	5,712,000	7,182,000
Income Before Tax	-49,985,000	151,040,000	135,241,000	86,901,000	30,753,000
Income Tax Expense	-13,074,000	38,599,000	33,373,000	20,854,000	11,397,000
Net Income	-36,911,000	110,922,000	101,868,000	66,047,000	19,356,000
Per Share
EPS	-1.63	4.86	4.50	2.93	0.86
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Titan Machinery Inc (TITN).
Balance Sheet (Quarterly)	2025-01-31	2024-01-31	2023-01-31	2022-01-31
Assets
Cash and Cash Equivalents	35,898,000	38,066,000	43,913,000	146,149,000
Short Term Investments	0	0	0	0
Net Receivables	119,814,000	134,261,000	95,844,000	94,287,000
Inventory	1,108,672,000	1,303,030,000	703,939,000	421,758,000
Total Current Assets	1,292,628,000	1,519,015,000	869,250,000	690,329,000
Property Plant Equipment	407,625,000	353,473,000	267,988,000	234,393,000
Goodwill and Intangibles	109,552,000	117,461,000	49,033,000	19,576,000
Total Assets	1,813,938,000	1,992,261,000	1,188,695,000	946,667,000
Liabilities
Account Payables	37,166,000	43,846,000	40,834,000	25,644,000
Short Term Debt	772,365,000	918,303,000	275,468,000	150,892,000
Total Current Liabilities	960,956,000	1,152,401,000	498,151,000	374,721,000
Long Term Debt	228,249,000	148,734,000	138,463,000	130,367,000
Total Liabilities	1,199,861,000	1,334,619,000	652,389,000	511,468,000
Shareholders Equity
Retained Earnings	360,314,000	397,225,000	284,784,000	182,916,000
Total Shareholders Equity	614,077,000	657,642,000	536,306,000	435,199,000

Balance sheet annual history for Titan Machinery Inc (TITN).
Balance Sheet (Annual)	2025-01-31	2024-01-31	2023-01-31	2022-01-31	2021-01-31
Assets
Cash and Cash Equivalents	35,898,000	38,066,000	43,913,000	146,149,000	78,990,000
Short Term Investments	0	0	0	0	0
Net Receivables	119,814,000	134,261,000	95,844,000	94,287,000	69,109,000
Inventory	1,108,672,000	1,303,030,000	703,939,000	421,758,000	418,458,000
Total Current Assets	1,292,628,000	1,519,015,000	869,250,000	690,329,000	580,234,000
Property Plant Equipment	407,625,000	353,473,000	267,988,000	234,393,000	221,610,000
Goodwill and Intangibles	109,552,000	117,461,000	49,033,000	19,576,000	9,218,000
Total Assets	1,813,938,000	1,992,261,000	1,188,695,000	946,667,000	815,789,000
Liabilities
Account Payables	37,166,000	43,846,000	40,834,000	25,644,000	20,045,000
Short Term Debt	772,365,000	918,303,000	275,468,000	150,892,000	188,889,000
Total Current Liabilities	960,956,000	1,152,401,000	498,151,000	374,721,000	317,500,000
Long Term Debt	228,249,000	148,734,000	138,463,000	130,367,000	118,473,000
Total Liabilities	1,199,861,000	1,334,619,000	652,389,000	511,468,000	444,508,000
Shareholders Equity
Retained Earnings	360,314,000	397,225,000	284,784,000	182,916,000	116,869,000
Total Shareholders Equity	614,077,000	657,642,000	536,306,000	435,199,000	371,281,000

Cash flow quarterly history for Titan Machinery Inc (TITN).
Cash Flow Statement (Quarterly)	2025-01-31	2024-01-31	2023-01-31	2022-01-31
Operating Activities
Net Income	-36,911,000	112,441,000	101,868,000	66,047,000
Depreciation & Amortization	38,601,000	31,479,000	25,197,000	22,139,000
Stock Based Compensation	0	3,300,000	3,230,000	2,554,000
Change in Working Capital	142,227,000	-155,754,000	-136,244,000	56,077,000
Operating Cash Flow	70,291,000	-32,280,000	10,816,000	158,916,000
Investing Activities
Capital Expenditure	-51,845,000	-62,361,000	-37,211,000	-37,627,000
Investments	-51,845,000	-62,361,000	-37,211,000	-37,627,000
Investing Cash Flow	-47,746,000	-163,372,000	-134,065,000	-55,198,000
Financing Activities
Debt Repayment	18,792,000	6,554,000	-7,637,000	-9,212,000
Common Stock Issued/Repurchased	0	0	0	0
Dividends Paid	0	0	0	0
Financing Cash Flow	-23,619,000	188,577,000	21,959,000	-35,335,000
Summary
Free Cash Flow	18,446,000	-94,641,000	-26,395,000	121,289,000
Net Change in Cash	-2,168,000	-5,847,000	-102,236,000	67,159,000

Cash flow annual history for Titan Machinery Inc (TITN).
Cash Flow Statement (Annual)	2025-01-31	2024-01-31	2023-01-31	2022-01-31	2021-01-31
Operating Activities
Net Income	-36,911,000	112,441,000	101,868,000	66,047,000	19,356,000
Depreciation & Amortization	38,601,000	31,479,000	25,197,000	22,139,000	23,701,000
Stock Based Compensation	0	3,300,000	3,230,000	2,554,000	2,515,000
Change in Working Capital	142,227,000	-155,754,000	-136,244,000	56,077,000	117,446,000
Operating Cash Flow	70,291,000	-32,280,000	10,816,000	158,916,000	172,996,000
Investing Activities
Capital Expenditure	-51,845,000	-62,361,000	-37,211,000	-37,627,000	-20,089,000
Investments	-51,845,000	-62,361,000	-37,211,000	-37,627,000	-20,089,000
Investing Cash Flow	-47,746,000	-163,372,000	-134,065,000	-55,198,000	-20,297,000
Financing Activities
Debt Repayment	18,792,000	6,554,000	-7,637,000	-9,212,000	-15,942,000
Common Stock Issued/Repurchased	0	0	0	0	0
Dividends Paid	0	0	0	0	0
Financing Cash Flow	-23,619,000	188,577,000	21,959,000	-35,335,000	-117,939,000
Summary
Free Cash Flow	18,446,000	-94,641,000	-26,395,000	121,289,000	152,907,000
Net Change in Cash	-2,168,000	-5,847,000	-102,236,000	67,159,000	35,269,000