Titan Machinery Inc. (TITN)

Titan Machinery Income Statement

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Revenue	2,581	2,702	2,758	2,209	1,712	1,411
Revenue Growth (YoY)	-8.12%	-2.04%	24.86%	29.05%	21.31%	8.13%
Cost of Revenue	2,234	2,306	2,227	1,769	1,379	1,150
Gross Profit	346.08	395.63	531.35	439.84	332.72	261.36
Selling, General & Admin	357.32	362.68	339.43	283.65	227.81	219.19
Operating Expenses	384.53	389.78	361.41	300.42	241.04	220.77
Operating Income	-38.45	5.85	169.95	139.42	91.68	40.59
Interest Expense	-49.93	-49.82	-21.11	-6.94	-5.71	-7.18
Interest & Investment Income	10.11	5.89	2.3	5.06	-	0.27
Currency Exchange Gain (Loss)	-6.31	-4	1	-1.2	-0.1	-2.8
Other Non Operating Income (Expenses)	-	-	-	-	2.53	3.06
EBT Excluding Unusual Items	-84.59	-42.08	152.14	136.34	88.4	33.93
Merger & Restructuring Charges	-	-	-1.1	-1.1	-	-
Impairment of Goodwill	-	-0.53	-	-	-	-1.45
Gain (Loss) on Sale of Assets	-9.65	-9.65	-	-	-	-
Asset Writedown	-0.96	-1.31	-	-	-1.5	-1.73
Other Unusual Items	11.16	3.59	-	-	-	-
Pretax Income	-84.04	-49.99	151.04	135.24	86.9	30.75
Income Tax Expense	-22.79	-13.07	38.6	33.37	20.85	11.4
Earnings From Continuing Operations	-61.25	-36.91	112.44	101.87	66.05	19.36
Net Income	-61.25	-36.91	112.44	101.87	66.05	19.36
Preferred Dividends & Other Adjustments	-0.08	-	1.52	1.3	0.98	0.33
Net Income to Common	-61.17	-36.91	110.92	100.57	65.07	19.03
Net Income Growth	-	-	10.38%	54.24%	241.22%	38.72%
Shares Outstanding (Basic)	23	23	22	22	22	22
Shares Outstanding (Diluted)	23	23	22	22	22	22
Shares Change (YoY)	0.55%	0.48%	0.53%	0.59%	0.65%	0.69%
EPS (Basic)	-2.70	-1.63	4.93	4.50	2.93	0.86
EPS (Diluted)	-2.70	-1.63	4.93	4.49	2.92	0.86
EPS Growth	-	-	9.80%	53.77%	239.53%	37.44%
Free Cash Flow	122.59	18.45	-94.64	-26.4	121.29	152.91
Free Cash Flow Per Share	5.41	0.82	-4.21	-1.18	5.45	6.92
Gross Margin	13.41%	14.64%	19.26%	19.91%	19.44%	18.52%
Operating Margin	-1.49%	0.22%	6.16%	6.31%	5.36%	2.88%
Profit Margin	-2.37%	-1.37%	4.02%	4.55%	3.80%	1.35%
Free Cash Flow Margin	4.75%	0.68%	-3.43%	-1.20%	7.08%	10.84%
EBITDA	0.06	44.45	201.42	164.62	113.82	64.29
EBITDA Margin	0.00%	1.65%	7.30%	7.45%	6.65%	4.56%
D&A For EBITDA	38.52	38.6	31.48	25.2	22.14	23.7
EBIT	-38.45	5.85	169.95	139.42	91.68	40.59
EBIT Margin	-1.49%	0.22%	6.16%	6.31%	5.36%	2.88%
Effective Tax Rate	-	-	25.55%	24.68%	24.00%	37.06%
Revenue as Reported	2,581	2,702	2,758	2,209	1,712	1,411
Advertising Expenses	-	2.2	3.1	2.9	2.5	2.2

Updated Aug 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q