---
schema_version: "secwatch.filing_event.v1"
accession: "0001409171-23-000003"
form_type: "8-K"
ticker: "TITN"
cik: "0001409171"
company_name: "Titan Machinery Inc."
filed_at: "2023-03-16T23:59:59+00:00"
generated_at: "2026-06-18T00:21:17.031930+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Titan Machinery reports record FY2023 EPS $4.49; FY2024 guidance $4.50-$5.10

## Summary
- Revenue $2.2B, up 29.1% YoY; record GAAP EPS $4.49 and adjusted EPS $4.52, up ~51.7% YoY.
- Q4 revenue $583M vs $507.6M; Q4 adjusted EPS $0.81 vs $0.99, impacted by delayed equipment shipments.
- Agriculture revenue up 27% YoY in Q4; construction same-store sales up 27.8% offset by divestitures.
- FY2024 guidance: diluted EPS $4.50-$5.10, Ag revenue up 20-25%, Construction flat to +5%, International +8-13%.
- Inventories increased to $703.9M from $421.8M; operating cash flow $10.8M vs $158.9M due to inventory build.

## SEC filing metadata
- accession: 0001409171-23-000003
- form_type: 8-K
- ticker: TITN
- cik: 0001409171
- company_name: Titan Machinery Inc.
- filed_at: 2023-03-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01, 99.1
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409171/000140917123000003/0001409171-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409171/000140917123000003/titn-20230316.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001409171-23-000003
- JSON: https://secwatch.observer/filing/0001409171-23-000003.json
- Plain text: https://secwatch.observer/filing/0001409171-23-000003.txt

## Key facts
- Earnings Releases
  Titan Machinery Inc. reported financial results for for its fourth quarter and fiscal year ended January 31, 2023.
  - Period: for its fourth quarter and fiscal year ended January 31, 2023
  - Result: reported results
  source text: On March 16, 2023, Titan Machinery Inc. (the "Company") issued a press release announcing its financial results for its fourth quarter and fiscal year ended January 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409171/000140917123000003/0001409171-23-000003-index.htm

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