Titan Machinery Inc. (TITN)
NASDAQ:TITN
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Earnings Data
Report Date
Aug 27, 2026TBA (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
-0.36Last Year’s EPS
-0.26Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: operational and margin improvements (gross margin +180 bps, equipment margin +100 bps, reduced interest expense, aged inventory declines and narrower segment losses) are positive indicators of execution. However, meaningful revenue declines (same-store sales -10.4%), weak demand in Europe (≈-40% on a constant currency basis), continued quarter-to-quarter losses and very modest adjusted EBITDA ($1M) underscore that the company remains in a challenged, trough industry environment. Management maintained conservative full-year guidance and emphasized continued discipline.Company Guidance
Revenue and Sales Overview
Total revenue of $522.4M for Q1 FY2027; same-store sales declined 10.4% year-over-year but results came in slightly ahead of management expectations due to delivery timing.
Improved Gross and Equipment Margins
Gross profit $89.3M vs $90.9M prior year and gross margin expanded 180 basis points to 17.1% (from 15.3%). Equipment margin improved ~100 basis points year-over-year to 7.8%.
Inventory Health Progress
Aged equipment inventory has continued to decline each month; total inventory $914.8M (up $12M seasonally) as management shifts to mix optimization rather than absolute reduction.
Expense and Interest Cost Discipline
Operating expenses down to $94.4M from $96.4M (headcount and discretionary spending reduced). Floorplan and other interest expense declined 26% to $8.2M from $11.1M, reflecting lower interest-bearing inventory.
Segment Operational Improvements
Domestic Ag pretax loss narrowed to $6.2M from $12.8M prior year; Construction pretax loss narrowed to $0.6M from $4.2M prior year, indicating progress on inventory and margin actions.
Australia Growth
Australia sales increased 14% to $50.3M (from $44.0M) and on a constant currency basis increased 2.8%, aided by the BelleVue Machinery acquisition.
Strong Liquidity and Leverage Position
Cash approximately $30M and adjusted debt to tangible net worth ratio 1.6x, well below bank covenant of 3.5x, providing financial flexibility.
Guidance Reaffirmation
Management reaffirmed full-year guidance: adjusted EBITDA range $17M–$29M and adjusted diluted loss per share range ($1.25) to ($1.75); consolidated full-year equipment margin target ~8.4% (vs 7.3% FY2026).
TITN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TITN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 09, 2026 | $23.86 | $20.61 | -13.62% |
Mar 19, 2026 | $15.56 | $14.14 | -9.09% |
Nov 25, 2025 | $16.45 | $19.49 | +18.48% |
Aug 28, 2025 | $21.01 | $19.68 | -6.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Titan Machinery Inc. (TITN) report earnings?
Titan Machinery Inc. (TITN) is schdueled to report earning on Aug 27, 2026, TBA (Confirmed).
What is Titan Machinery Inc. (TITN) earnings time?
Titan Machinery Inc. (TITN) earnings time is at Aug 27, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TITN EPS forecast?
TITN EPS forecast for the fiscal quarter 2027 (Q2) is -0.36.