Titan Machinery FY27 Q2 net loss widens to $9.2 million; revenue drops 9.2% to $496.38 million - TITN News | RalliesTitan Machinery FY27 Q2 net loss widens to $9.2 million; revenue drops 9.2% to $496.38 million
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TITN• Quarterly results
- Titan Machinery posted a Q2 fiscal 2027 net loss of USD 9.2 million, widening from a net loss of USD 6 million.
- Revenue fell 9.2% to USD 496.38 million, led by softer equipment demand amid sustained lower agricultural commodity prices.
Segment performance
- Europe swung to a segment loss before income taxes of USD 1.33 million, while Agriculture loss narrowed to USD 3.29 million.
Margins and expenses
- Gross margin rose 1.5 percentage points to 18.6% on higher equipment margin, helped by a richer parts-and-service mix.
- Floorplan interest expense dropped 46.2% to USD 3.66 million due to lower interest-bearing inventory levels.
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