Titan Machinery Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total Revenue $1.2b $1.2b $1.3b $1.3b $1.4b $1.7b $2.2b $2.8b $2.7b $2.4b
Revenue from Contract with Customer, Including Assessed Tax $2.4b
Sales Revenue, Services, Net (Deprecated 2018-01-31) $124.1m $117.3m
Cost of Revenue $999.4m $987.6m $1.0b $1.1b $1.1b $1.4b $1.8b $2.2b $2.3b $2.0b
Gross Profit $213.7m $215.3m $231.6m $250.8m $261.4m $332.7m $439.8m $531.4m $395.6m $382.6m
Operating Expenses $211.4m $203.2m $201.5m $225.7m $220.8m $241.0m $301.5m $362.5m $389.8m $385.2m
Operating Income (Loss) ($2.4m) $925k $27.5m $21.3m $37.4m $90.2m $138.3m $168.8m $4.0m ($6.7m)
Additional Financial Items
Amortization of Intangible Assets $100k $100k $100k $100k $100k $100k $200k $700k $1.9m $1.8m
Capitalized Computer Software, Amortization $4.7m
Foreign Currency Transaction Gain (Loss), before Tax ($282k)
Foreign Currency Transaction Gain (Loss), Realized ($700k) ($1.2m) $900k ($400k) $2.8m $100k $1.2m ($1.0m) $4.0m ($3.0m)
Goodwill, Impairment Loss $0 $0 $1.5m $0 $0 $0 $531k $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($22.2m) ($16.6m) $11.0m $14.1m $36.8m $74.3m $115.0m $130.4m ($49.0m) ($56.7m)
Interest Income, Other $567k $496k $326k $331k $269k $329k $339k
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2.4m $925k $27.5m $21.3m $37.4m $86.9m $135.2m $151.0m ($50.0m) ($45.4m)
Net Income (Loss) Attributable to Parent ($14.2m) ($7.0m) $12.2m $3.6m $19.4m $66.0m $101.9m $112.4m ($36.9m) ($54.2m)
Net Income (Loss) Available to Common Stockholders, Basic ($13.9m) ($6.9m) $12.0m $13.7m $19.0m $65.1m $100.6m $110.9m ($36.9m) ($54.2m)
Net Income (Loss) Attributable to Noncontrolling Interest ($356k) $14.7m $30.8m $86.9m $135.2m $151.0m $50.0m $45.4m
Earnings Per Share, Basic ($0.65) ($0.32) $0.55 $0.63 $0.86 $2.93 $4.50 $4.93 ($1.63) ($2.38)
Earnings Per Share, Diluted ($0.65) ($0.32) $0.55 $0.63 $0.86 $2.92 $4.49 $4.93 ($1.63) ($2.38)
Weighted Average Number of Shares Outstanding, Basic 21.3m 21.5m 21.8m 21.9m 22.1m 22.2m 22.4m 22.5m 22.6m 22.7m
Weighted Average Number of Shares Outstanding, Diluted 21.3m 21.5m 21.8m 22.0m 22.1m 22.2m 22.4m 22.5m 22.6m 22.7m
Other Nonoperating Income (Expense) $1.5m $1.6m $2.5m $3.1m $527k $2.4m $3.9m $3.3m ($4.2m) $4.4m
Interest Expense $21.9m $17.0m $13.9m $9.8m $7.2m $5.7m $6.9m
Current Income Tax Expense (Benefit) ($5.3m) $1.5m $1.5m $2.4m $14.9m $16.5m $25.7m $35.7m $2.7m $6.2m
Financing Interest Expense $1.2m $1.9m $13.8m $34.7m $24.1m
Interest Expense, Debt $8.3m $8.8m $7.8m $4.5m
Operating Lease, Expense $12.2m $11.5m $9.9m $8.1m $5.1m
Other Cost of Operating Revenue $42.9m $43.6m $38.8m $37.0m $30.1m
Restructuring and Related Cost, Incurred Cost $3.3m $10.5m
Restructuring Costs $319k $10.5m $414k $0 $0 $0 $1.7m
Income Tax Expense (Benefit) ($8.2m) ($7.4m) $4.0m $699k $11.4m $20.9m $33.4m $38.6m ($13.1m) $8.8m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.