Filing Flows › Titan Machinery (TITN) › Q1 FY27
Titan Machinery (TITN) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 9, 2026
Titan Machinery (TITN) reported revenue of $522M for the first quarter fiscal 2027 (Q1 FY27), -12% from a year earlier and -19% from the quarter before. Operating margin was -1.1%, net loss $12.6M (2.4% of revenue).
Titan Machinery, Q1 FY27: revenue $522M (-12% year over year), operating margin -1.1%, net loss $12.6M, operating cash flow −$23.1M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $522M | -19% | -12% |
| Operating profit | −$5.6M | — | — |
| Net earnings | −$12.6M | — | — |
| Operating cash flow | −$23.1M | -143% | -473% |
What changed
Revenue was $522.4M in Q1 FY27, down 12% year over year and down 19% from the previous quarter. Equipment was the largest line at 70% of revenue. Equipment lost $72.2M year over year (down 17%), 100% of the total change.
Gross margin was 17.1%, up 1.8 points from Q1 FY26. Operating costs exceeded revenue by $5.6M, an operating margin of -1.1%. Operating expenses fell 2% while revenue fell 12%. The quarter ended with a net loss of $12.6M, narrower than the previous quarter's $36.2M loss. Net interest and other expense of $6.9M was the main reason.
Operating cash flow was −$23.1M. Non-cash charges added back $9.0M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items used $20.8M.
Questions
What was Titan Machinery's revenue in the first quarter fiscal 2027?
Titan Machinery (TITN) reported revenue of $522M for the first quarter fiscal 2027 (Q1 FY27), -12% from a year earlier and -19% from the quarter before.
Was Titan Machinery profitable in the first quarter fiscal 2027?
Operating loss was $5.6M (-1.1% of revenue) and net loss $12.6M.
Source: Titan Machinery 10-Q on SEC EDGAR.