Filing Flows › Titan Machinery (TITN) › Q4 FY26
Titan Machinery (TITN) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 31, 2026
Titan Machinery (TITN) reported revenue of $642M for the fourth quarter fiscal 2026 (Q4 FY26), -16% from a year earlier and -0.4% from the quarter before. Operating margin was -1.9%, net loss $36.2M (5.6% of revenue).
Titan Machinery, Q4 FY26: revenue $642M (-16% year over year), operating margin -1.9%, net loss $36.2M, operating cash flow $53.6M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $642M | -0.4% | -16% |
| Operating profit | −$11.9M | -216% | — |
| Net earnings | −$36.2M | -3119% | — |
| Operating cash flow | $53.6M | +58% | -58% |
| Free cash flow | $49.6M | — | -53% |
What changed
Revenue was $641.8M in Q4 FY26, down 16% year over year and roughly flat from the previous quarter. Equipment was the largest line at 78% of revenue.
Gross margin was 13.5%, up 6.8 points from Q4 FY25. Operating costs exceeded revenue by $11.9M, an operating margin of -1.9%. Operating expenses grew 2% against a revenue fall of 16%. The quarter ended with a net loss of $36.2M, after a profit of $1.2M the previous quarter.
Operating cash flow was $53.6M (down 58% year over year). Non-cash charges added back $9.4M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $79.0M. Capital expenditures of $4.0M left free cash flow of $49.6M.
Questions
What was Titan Machinery's revenue in the fourth quarter fiscal 2026?
Titan Machinery (TITN) reported revenue of $642M for the fourth quarter fiscal 2026 (Q4 FY26), -16% from a year earlier and -0.4% from the quarter before.
Was Titan Machinery profitable in the fourth quarter fiscal 2026?
Operating loss was $11.9M (-1.9% of revenue) and net loss $36.2M.
Source: Titan Machinery 10-K on SEC EDGAR.