Titan Machinery (TITN)
Sells and supports agricultural and construction equipment across North America, Europe, and Australia.
$24.26
vs last close+0.09 (+0.37%)
In millions of USD, except per-share figures
| In millions | Q3 FY24Oct 2023 | Q4 FY24Jan 2024 | Q1 FY25Apr 2024 | Q2 FY25Jul 2024 | Q3 FY25Oct 2024 | Q4 FY25Jan 2025 | Q1 FY26Apr 2025 | Q2 FY26Jul 2025 | Q3 FY26Oct 2025 | Q4 FY26Jan 2026 | Q1 FY27Apr 2026 | Q2 FY27Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 694 | 852 | 629 | 634 | 680 | 760 | 594 | 546 | 645 | 642 | 522 | 496 |
| Cost of revenue | 556 | 717 | 513 | 521 | 569 | 709 | 503 | 453 | 533 | 555 | 433 | 404 |
| Gross profit | 138 | 135 | 116 | 112 | 110 | 51 | 91 | 94 | 111 | 87 | 89 | 92 |
| 92 | 94 | 93 | 97 | 99 | 97 | 97 | 93 | 100 | 96 | 94 | 94 | |
| Selling, general & administrative | 87 | 94 | 93 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 92 | 22 | 99 | 97 | 99 | 97 | 97 | 93 | 100 | 96 | 94 | 94 |
| Operating income | 46 | 41 | 23 | 16 | 12 | −46 | −6 | 1 | 11 | −9 | −5 | −2 |
| −6 | −7 | −10 | −20 | −11 | −13 | −12 | −9 | −8 | −14 | −7 | −7 | |
| Interest income | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 6 | 9 | 10 | 20 | 14 | 13 | 12 | 12 | 11 | 10 | 8 | 8 |
| Other non-operating income | 0 | 1 | 0 | 0 | −3 | 0 | 0 | −3 | −3 | 4 | 0 | 0 |
| Income before tax | 40 | 34 | 13 | −4 | 0 | −59 | −17 | −8 | 3 | −23 | −12 | −9 |
| Income tax expense | 10 | 10 | 3 | 0 | −1 | −15 | −4 | −2 | 2 | 13 | 0 | 0 |
| Net income from continuing operations | 30 | 24 | 9 | −4 | 2 | −44 | −13 | −6 | 1 | −36 | −13 | −9 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 30 | 24 | 9 | −4 | 2 | −44 | −13 | −6 | 1 | −36 | −13 | −9 |
| EPS, basic | $1.32 | $1.03 | $0.41 | −$0.19 | $0.08 | −$1.93 | −$0.58 | −$0.26 | $0.05 | −$1.59 | −$0.55 | −$0.40 |
| EPS, diluted | $1.32 | $1.03 | $0.41 | −$0.19 | $0.08 | −$1.93 | −$0.58 | −$0.26 | $0.05 | −$1.59 | −$0.55 | −$0.40 |
| Weighted average shares, basic | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Weighted average shares, diluted | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| EBITDA | 54 | 48 | 31 | 25 | 25 | −36 | 3 | 13 | 24 | −4 | 4 | 8 |
| Depreciation & amortization | 8 | 9 | 9 | 10 | 10 | 10 | 9 | 9 | 10 | 9 | 9 | 9 |
| EBIT | 46 | 40 | 22 | 16 | 15 | −46 | −6 | 3 | 14 | −13 | −5 | −2 |
