Titan Machinery Q1 FY2027: revenue down 12% to $522.4M, net loss narrows to $12.6M

Titan Machinery Inc.

Revenue $522.4M vs $594.3M YoY; equipment revenue $364.7M vs $436.8M.
Net loss $12.6M ($0.55 diluted loss) improved from $13.2M ($0.58 loss) a year ago.
Adjusted EBITDA fell to $1.0M from $2.6M; gross margin improved to 17.1% from 15.3%.
Agriculture segment revenue down 8.2% same-store; Europe revenue fell 40.2% ex-FX.
Reaffirms FY2027 guidance: Adj. EBITDA $17-29M, adj. diluted loss per share $1.25-$1.75.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

Titan Machinery Inc. reported fiscal first quarter ended April 30, 2026 results: revenue $522.4 million, net income net loss improved to $12.6 million, EPS loss per diluted share of $0.55. Guidance reaffirmed.

Period: fiscal first quarter ended April 30, 2026
Revenue: $522.4 million
Net income: net loss improved to $12.6 million
EPS: loss per diluted share of $0.55
Guidance: reaffirmed
Result: reported results

Exact text from the filing

to deliver enhanced earnings power as industry conditions improve.” Fiscal 2027 First Quarter Results Consolidated Results For the first quarter of fiscal 2027, revenue was $522.4 million compared to $594.3 million in the first quarter last year. Equipment revenue was $364.7 million for the first quarter of fiscal 2027, compared to $436.8 million in the first

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Source: SEC EDGAR

accession 0001628280-26-041762

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