Short answer
Titan Machinery Inc. (TITN) filed its Q3 2026 10-Q quarterly report on Sep 3, 2026 for the quarter ended Jul 31, 2026. Quarterly revenue was $496M (down 9.2% year over year) with net income of −$9M.
Q3 2026 key financials · XBRL
- Revenue
- $496M
- −9.2% YoY · −5.0% QoQ
- Net income
- −$9M
- −52.5% YoY · +27.5% QoQ
- Operating margin
- -0.5%
- Gross margin
- 18.6%
- EPS (diluted)
- −$0.40
- −48.1% YoY · +27.3% QoQ
Source: XBRL data from the Titan Machinery Inc. (TITN) Q3 2026 10-Q on SEC EDGAR. USD.
Titan Machinery Inc. Q3 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $496.4M, down 9.2% YoY from $546.4M amid lower agricultural commodity prices and crop receipts
- Gross margin 18.6% vs 17.1%; operating expense ratio 19.0% vs 17.0%
- Best line rental and other revenue $14.8M, up 22.1%; margin 26.6% vs 23.2%
- Worst segment Europe revenue $66.1M, down 32.6%; loss before taxes $1.3M vs $5.1M income
- Operating cash flow used $25.1M vs $49.9M provided; investing use $3.7M vs $24.9M
- Near-term headwinds sustained lower agricultural commodity prices, crop receipts, and customer sentiment; liquidity expected sufficient for at least 12 months
Risk Factors
- No material changes from fiscal 2026 10-K risk factors
- Carried-forward risks unchanged from the Annual Report filed March 31, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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