secwatch.observer — SEC 8-K summary
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Issuer:     Titan Machinery Inc. (TITN)
CIK:        0001409171
Form:       8-K
Filed at:   2026-08-27T11:13:11+00:00
Accession:  0001628280-26-059170
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01, 99.1
LLM model:  deepseek-v4-flash:cloud@v2

Titan Q2 FY27 loss widens to $9.2M; revenue down 9%; reaffirms FY27 EPS guidance
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- Revenue $496.4M vs $546.4M YoY (-9.1%); net loss $9.2M (-$0.40/sh) vs -$6.0M (-$0.26/sh) prior year.
- Gross margin expanded 150 bps to 18.6% on stronger equipment margins and parts/service mix; Adjusted EBITDA $4.6M vs $5.6M.
- Ag revenue down 8.4% same-store to $310.2M, pre-tax loss improved to -$3.3M; Construction revenue up 9.2% to $78.6M, pre-tax income $0.4M.
- Europe revenue fell 33.7% ex-FX to $66.1M incl. ~$11M German wind-down; Australia revenue up 22.5% ex-FX to $41.4M.
- FY27 guidance: reaffirms adjusted EPS loss $1.25-$1.75 and EBITDA $17-29M; cuts Europe revenue outlook to -30/-40%, raises Construction to +5/+10% and Australia to +15/+20%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1409171/000162828026059170/0001628280-26-059170-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1409171/000162828026059170/titn-20260827.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-059170

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