TITAN MACHINERY INC.
Income Statement
| Line Item | Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $496.4M | $522.4M | $641.8M | $644.5M | $546.4M | $594.3M | $759.9M | $679.8M |
| Cost of Revenue | $404.0M | $433.1M | $554.9M | $533.5M | $452.8M | $503.4M | $708.9M | $569.3M |
| Gross Profit | $92.4M | $89.3M | $87.0M | $111.0M | $93.6M | $90.9M | $51.0M | $110.5M |
| Gross Margin | 18.6% | 17.1% | 13.5% | 17.2% | 17.1% | 15.3% | 6.7% | 16.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $-2.3M | $-5.6M | $-11.9M | $10.3M | $662.0K | $-5.7M | $-45.8M | $11.5M |
| Operating Margin | -0.5% | -1.1% | -1.9% | 1.6% | 0.1% | -1.0% | -6.0% | 1.7% |
| Interest Expense | $4.4M | $4.6M | — | $4.8M | $4.7M | $4.5M | — | $4.3M |
| Pretax Income | $-9.2M | $-12.5M | $-22.7M | $2.8M | $-8.2M | $-17.3M | $-58.8M | $275.0K |
| Income Tax Expense | $-6.0K | $141.0K | $13.5M | $1.6M | $-2.2M | $-4.1M | $-15.0M | $-1.4M |
| Net Income | $-9.2M | $-12.6M | $-36.2M | $1.2M | $-6.0M | $-13.2M | $-43.8M | $1.7M |
| Net Margin | -1.8% | -2.4% | -5.6% | 0.2% | -1.1% | -2.2% | -5.8% | 0.3% |
| EPS (Basic) | $-0.40 | $-0.55 | $-1.59 | $0.05 | $-0.26 | $-0.58 | $-1.92 | $0.07 |
| EPS (Diluted) | $-0.40 | $-0.55 | $-1.59 | $0.05 | $-0.26 | $-0.58 | $-1.92 | $0.07 |
| Shares Outstanding (Basic) | 23.0M | 22.8M | 22.7M | 22.8M | 22.8M | 22.7M | 22.6M | 22.6M |
| Shares Outstanding (Diluted) | 23.0M | 22.8M | 22.7M | 22.8M | 22.8M | 22.7M | 22.6M | 22.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |