Titan Machinery 2026 Q3 Earnings Net Income Falls 30.1% Amid Revenue Decline

Titan Machinery (TITN) reported fiscal 2026 Q3 earnings on Dec 5, 2025, marking a significant downturn in both revenue and profitability. The company’s results reflect broader challenges in its core markets, with investors reacting negatively to the performance.

Revenue

Equipment sales accounted for the largest share at $459.91 million, with parts revenue contributing $122.34 million and service revenue totaling $48.94 million. Rental and other segments added $13.31 million, bringing the total revenue to $644.51 million—a 5.2% decline compared to the prior year’s $679.82 million.

Earnings/Net Income

Titan Machinery’s earnings contracted sharply, with EPS falling to $0.05 in Q3 2026 from $0.07 in Q3 2025, a 28.6% decline. Net income plummeted to $1.20 million, down 30.1% year-over-year, marking a record low for the company. The results underscore deteriorating profitability despite stable segmental contributions.

Price Action

The stock price of Titan Machinery has edged down 2.48% during the latest trading day, has tumbled 13.80% during the most recent full trading week, and has dropped 3.70% month-to-date.

Post-Earnings Price Action Review

The strategy of buying TITN when earnings beat and holding for 30 days resulted in a significant underperformance, with a total return of -34.29% compared to the benchmark return of 85.89%. The strategy had a maximum drawdown of 0.00%, indicating no capital loss during the period, but it underperformed the benchmark by a wide margin, having a Sharpe ratio of -0.15 and a CAGR of -8.10%.

CEO Commentary

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Guidance

[No data available for forward-looking guidance. The provided content does not include quantitative targets or qualitative expectations from the earnings call.]

Additional News

Titan Machinery Inc. filed its Form 10-Q report for Q3 2026 with the SEC on Dec 5, 2025, as part of its routine quarterly disclosures. While no major non-earnings-related news (e.g., M&A activity, C-level changes, or shareholder return programs) was reported within the three-week window preceding the earnings release, the filing highlights the company’s ongoing focus on operational transparency. Investors are advised to monitor subsequent filings for updates on strategic initiatives or financial adjustments.