Titan Machinery (TITN) Change in Inventory (2014 - 2026)

Titan Machinery (TITN) posted Change in Inventory of $14.7 million for Q2 2026, up 112.72% sequentially from -$115.7 million in Q1 2026, and up 189.57% YoY from $5.1 million in Q2 2025.

Titan Machinery (TITN) Change in Inventory (2014 - 2026) Analysis & Trends

Titan Machinery has reported Change in Inventory for 13 years, with the latest figure at $14.7 million in Q2 2026.

  • Quarterly Change in Inventory rose 189.57% year-over-year to $14.7 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$204.6 million (up 36.14% YoY) and the FY2026 annual result came in at -$235.7 million, down 41.85% from the prior year.
  • Change in Inventory improved to $14.7 million in Q2 2026 per TITN's latest filing, from -$115.7 million in the prior quarter.
  • Over five years, Change in Inventory peaked at $140.1 million in Q2 2023 and troughed at -$280.7 million in Q1 2025.
  • A 5-year average of $14.9 million and a median of $42.3 million in 2023 frame the typical range for Change in Inventory.
  • The sharpest annual moves came in 2022 and 2025: Change in Inventory soared 4192.32% in 2022, then tumbled 338.76% in 2025.
  • Over 5 years, Change in Inventory stood at -$22.0 million in 2022, then jumped by 535.59% to $95.7 million in 2023, then tumbled by 233.34% to -$127.6 million in 2024, then gained by 3.67% to -$122.9 million in 2025, then soared by 111.97% to $14.7 million in 2026.
  • According to Business Quant data, Change in Inventory over the past three periods registered $14.7 million, -$115.7 million, and -$122.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 W.W. Grainger 62.04 Bn 61.46 Bn 1.98 Bn -
2 Fastenal 59.03 Bn 58.83 Bn 1.06 Bn 44.80 Mn
3 Ferguson Enterprises 47.99 Bn 47.17 Bn 2.32 Bn 92.00 Mn
4 Wesco International 17.78 Bn 16.97 Bn 1.46 Bn 217.20 Mn
5 Applied Industrial Technologies 13.25 Bn 13.08 Bn 380.80 Mn -
6 Watsco 11.97 Bn 11.50 Bn 578.93 Mn 113.54 Mn
7 Core & Main 8.70 Bn 8.55 Bn 520.00 Mn 119.00 Mn
8 Pool 7.21 Bn 7.18 Bn 540.76 Mn -282.15 Mn
9 Msc Industrial Direct 6.76 Bn 6.69 Bn 430.41 Mn 7.29 Mn
10 Titan Machinery 413.11 Mn 413.11 Mn 89.28 Mn 14.71 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 14.71 Mn
Apr 30, 2026 14.71 Mn
Jan 31, 2026 -115.71 Mn
Jan 31, 2026 -115.71 Mn
Oct 31, 2025 -122.95 Mn
Oct 31, 2025 -122.95 Mn
Jul 31, 2025 19.36 Mn
Jul 31, 2025 19.36 Mn
Apr 30, 2025 -16.43 Mn
Apr 30, 2025 -16.43 Mn
Jan 31, 2025 -280.67 Mn
Jan 31, 2025 -280.67 Mn
Oct 31, 2024 -127.63 Mn
Oct 31, 2024 -127.63 Mn
Jul 31, 2024 104.35 Mn
Jul 31, 2024 104.35 Mn
Apr 30, 2024 137.76 Mn
Apr 30, 2024 137.76 Mn
Jan 31, 2024 117.55 Mn
Jan 31, 2024 117.55 Mn