Filing Flows › Titan Machinery (TITN) › Q2 FY27
Titan Machinery (TITN) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 3, 2026
Titan Machinery (TITN) reported revenue of $496M for the second quarter fiscal 2027 (Q2 FY27), -9% from a year earlier and -5% from the quarter before. Operating margin was -0.5%, net loss $9.2M (1.8% of revenue).
Titan Machinery, Q2 FY27: revenue $496M (-9% year over year), operating margin -0.5%, net loss $9.2M, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $496M | -5% | -9% |
| Operating profit | −$2.3M | — | -443% |
| Net earnings | −$9.2M | — | — |
| Operating cash flow | −$2.0M | — | -105% |
What changed
Revenue was $496.4M in Q2 FY27, down 9% year over year and down 5% from the previous quarter. Equipment was the largest line at 66% of revenue. Equipment lost $47.8M year over year (down 13%), 95% of the total change.
Gross margin was 18.6%, up 1.5 points from Q2 FY26. Operating costs exceeded revenue by $2.3M, an operating margin of -0.5%. Operating expenses grew 2% against a revenue fall of 9%. The quarter ended with a net loss of $9.2M, narrower than the previous quarter's $12.6M loss. Net interest and other expense of $6.9M was the main reason.
Operating cash flow was −$2.0M. Non-cash charges added back $9.5M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items used $3.6M.
Questions
What was Titan Machinery's revenue in the second quarter fiscal 2027?
Titan Machinery (TITN) reported revenue of $496M for the second quarter fiscal 2027 (Q2 FY27), -9% from a year earlier and -5% from the quarter before.
Was Titan Machinery profitable in the second quarter fiscal 2027?
Operating loss was $2.3M (-0.5% of revenue) and net loss $9.2M.
Source: Titan Machinery 10-Q on SEC EDGAR.