---
schema_version: "secwatch.filing_event.v1"
accession: "0001409171-21-000086"
form_type: "8-K"
ticker: "TITN"
cik: "0001409171"
company_name: "Titan Machinery Inc."
filed_at: "2021-11-23T23:59:59+00:00"
generated_at: "2026-06-28T05:43:36.222185+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Titan Machinery Q3 revenue up 25.8% to $454M; EPS $0.97 vs $0.44; raises FY22 EPS guidance to $2.40-$2.60

## Summary
- Revenue $454M (+25.8% YoY); GAAP EPS $0.97, adjusted EPS $0.96; net income $21.8M.
- Agriculture record pre-tax margin 7%; Construction same-store sales +11.1%; International pre-tax $6.3M vs loss.
- Raises FY22 diluted EPS guidance to $2.40-$2.60 from $2.00-$2.20; ag revenue growth now +23-28%.
- Agrees to acquire Jaycox Implement (3 Case IH dealerships) for cash; trailing revenue ~$91M; close early Dec.
- Cash $90.5M; operating cash flow $72.3M YTD; inventory $412.7M, down slightly.

## SEC filing metadata
- accession: 0001409171-21-000086
- form_type: 8-K
- ticker: TITN
- cik: 0001409171
- company_name: Titan Machinery Inc.
- filed_at: 2021-11-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01, 99.1
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409171/000140917121000086/0001409171-21-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409171/000140917121000086/titn-20211123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001409171-21-000086
- JSON: https://secwatch.observer/filing/0001409171-21-000086.json
- Plain text: https://secwatch.observer/filing/0001409171-21-000086.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.