Jul 2026 (Q2 FY27) — Aug 27, 2026
Titan Machinery Q2 FY27 — Strong Margin Expansion Despite Revenue Headwinds
Read the full callTitan Machinery earnings: last reported Thu, 27 Aug 2026, for the quarter ended Jul 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 496 | −9.2% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | -0.5 | −0.6 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | -9.2 | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
1Y: $15.35 on 17 Oct 2025 → $21.9. High $26.22 (4 Sept 2026), low $14.15 (19 Mar 2026).
Overview
Call summaries
Titan Machinery Q2 FY27 — Strong Margin Expansion Despite Revenue Headwinds
Read the full callTitan Machinery Q1 FY27 — Equipment Margin Improvement Ahead of Expectations
Read the full callEvery analysed call
Financials
Net profit, year on year: −52% (quarter to jul 2026 against jul 2025).
| Line item | Oct 2024 | Jan 2025 | Apr 2025 | Jul 2025 | Oct 2025 | Jan 2026 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 680 | 760 | 594 | 546 | 645 | 642 | 522 | 496 |
| Operating profit | 11 | -46 | -6 | 1 | 10 | -12 | -6 | -2 |
| Operating margin | 1.7% | −6.0% | −1.0% | 0.1% | 1.6% | −1.9% | −1.1% | −0.5% |
| Profit before tax | 0 | -59 | -17 | -8 | 3 | -23 | -12 | -9 |
| Tax rate | −522.9% | 25.6% | 23.6% | 27.1% | 57.3% | −59.4% | −1.1% | 0.1% |
| Net profit | 2 | -44 | -13 | -6 | 1 | -36 | -13 | -9 |
| EPS ($ per share) | 0.07 | — | -0.58 | -0.26 | 0.05 | — | -0.55 | -0.40 |
| Line item | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 89 | 98 | 117 | 183 | 285 | 397 | 360 | 306 |
| Total liabilities | 457 | 630 | 471 | 511 | 652 | 1,335 | 1,200 | 1,038 |
| Fixed assets | 139 | 146 | 147 | 178 | 218 | 299 | 380 | 361 |
| Total assets | 792 | 975 | 816 | 947 | 1,189 | 1,992 | 1,814 | 1,617 |
| Line item | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 47 | 1 | 173 | 159 | 11 | -32 | 70 | 137 |
| Cash from investing | -26 | -36 | -20 | -55 | -134 | -163 | -48 | -23 |
| Cash from financing | -17 | 23 | -118 | -35 | 22 | 189 | -24 | -124 |
| Net cash flow | 3 | -13 | 35 | 67 | -102 | -6 | -2 | -8 |
| Capital expenditure | -6 | -11 | — | — | — | — | — | — |
| Free cash flow | 40 | -10 | — | — | — | — | — | — |
11 filings between Apr 1, 2026 and Jun 8, 2026.
Nobody bought or sold TITN on the open market in this window. The filings below are 9 awards and 2 tax withholdings.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jun 8, 2026 | HAMILTON CHRISTINE E Director | Award | 3,353 | $0 |
| Jun 8, 2026 | Anglin Frank Director | Award | 3,353 | $0 |
| Jun 8, 2026 | Horner Jody L Director | Award | 3,353 | $0 |
| Jun 8, 2026 | Lewis Richard Director | Award | 3,353 | $0 |
| Jun 8, 2026 | MACK RICHARD L Director | Award | 3,353 | $0 |
| Jun 8, 2026 | CHRISTIANSON TONY Director | Award | 3,353 | $0 |
| Jun 8, 2026 | Meyer David Joseph Chairman | Award | 3,353 | $0 |
| Jun 1, 2026 | Larsen Robert Chief Financial Officer | Award | 21,779 | $0 |
| Jun 1, 2026 | Knutson Bryan J Chief Executive Officer | Award | 27,223 | $0 |
| Apr 1, 2026 | Knutson Bryan J Chief Executive Officer | Tax withheld | 9,981 | $173.2K |
| Apr 1, 2026 | Larsen Robert Chief Financial Officer | Tax withheld | 6,143 | $106.6K |
| Jun 19, 2025 | Meyer David Joseph Chairman | Award | 1,489 | $0 |
| Jun 2, 2025 | Larsen Robert Chief Financial Officer | Award | 24,311 | $0 |
| Jun 2, 2025 | Knutson Bryan J Chief Executive Officer | Award | 31,064 | $0 |
| Jun 2, 2025 | Meyer David Joseph Chairman | Award | 4,322 | $0 |
| Jun 2, 2025 | MACK RICHARD L Director | Award | 4,322 | $0 |
| Jun 2, 2025 | Lewis Richard Director | Award | 4,322 | $0 |
| Jun 2, 2025 | Horner Jody L Director | Award | 4,322 | $0 |
| Jun 2, 2025 | HAMILTON CHRISTINE E Director | Award | 4,322 | $0 |
| Jun 2, 2025 | Erickson Stan K. Director | Award | 4,322 | $0 |
| Jun 2, 2025 | CHRISTIANSON TONY Director | Award | 4,322 | $0 |
| Jun 2, 2025 | Anglin Frank Director | Award | 4,322 | $0 |
| Apr 3, 2025 | Larsen Robert Chief Financial Officer | Purchase | 658 | $10.0K |
| Apr 1, 2025 | Knutson Bryan J Chief Executive Officer | Tax withheld | 8,498 | $144.1K |
| Apr 1, 2025 | Larsen Robert Chief Financial Officer | Tax withheld | 4,460 | $75.6K |
| Mar 24, 2025 | Meyer David Joseph Chairman | Purchase | 3,000 | $50.6K |
| Mar 21, 2025 | Meyer David Joseph Chairman | Purchase | 22,524 | $379.1K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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