Titan Machinery Inc.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $28.2M | $35.9M | $38.1M | $43.9M | $146.1M | $79.0M | $43.7M | $56.7M |
| Accounts Receivable | $127.0M | $119.8M | $153.7M | $95.8M | $45.2M | $41.6M | $47.4M | $77.5M |
| Inventory | $903.1M | $1.11B | $1.30B | $703.9M | $421.8M | $418.5M | $597.4M | $491.1M |
| Total Current Assets | $1.09B | $1.29B | $1.52B | $869.3M | $690.3M | $580.2M | $727.5M | $640.9M |
| Property, Plant & Equipment | $361.0M | $379.7M | $298.8M | $217.8M | $178.2M | $147.2M | $145.6M | $139.0M |
| Goodwill | $65.6M | $61.2M | $64.1M | $30.6M | $9.0M | $1.4M | $2.3M | $1.2M |
| Intangible Assets (Excl. Goodwill) | $51.2M | $48.3M | $53.4M | $18.4M | $10.6M | $7.8M | $8.4M | $7.2M |
| Total Assets | $1.62B | $1.81B | $1.99B | $1.19B | $946.7M | $815.8M | $975.3M | $792.4M |
| Liabilities | ||||||||
| Accounts Payable | $35.2M | $37.2M | $43.8M | $40.8M | $25.6M | $20.0M | $17.0M | $16.6M |
| Total Current Liabilities | $772.0M | $961.0M | $1.15B | $498.2M | $374.7M | $317.5M | $494.2M | $420.5M |
| Long-Term Debt | $158.6M | $157.8M | $106.4M | $90.0M | $74.8M | $44.9M | — | — |
| Total Liabilities | $1.04B | $1.20B | $1.33B | $652.4M | $511.5M | $470.7M | $630.2M | $457.1M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $306.1M | $360.3M | $397.2M | $284.8M | $182.9M | $116.9M | $97.7M | $83.8M |
| Total Stockholders' Equity | $579.3M | $614.1M | $657.6M | $536.3M | $435.2M | $345.1M | $345.1M | $335.3M |