Titan Machinery Q1 revenue falls 12% to $522M, narrows loss, reaffirms full-year guidance

Filed June 9, 2026 · Period ending June 9, 2026 · ~1 min read

Key Changes

• high

  Q1 fiscal 2027 revenue declined 12.1% YoY to $522.4M, driven by equipment sales down 16.5% to $364.7M as agricultural demand softened amid continued pressure on grower profitability.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• high

  Gross margin improved 180 basis points to 17.1% from 15.3% prior year, driven by stronger equipment margins from aged inventory reductions and higher parts/service mix. Net loss narrowed to $12.6M ($0.55/share) from $13.2M ($0.58/share).

  Exhibit 99.1 view on EDGAR →
• high

  Europe segment revenue dropped 35.6% to $60.4M, swinging to $0.9M pre-tax loss from $4.7M income, primarily due to lower equipment demand following the end of EU stimulus programs in Romania.

  Exhibit 99.1 view on EDGAR →