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

Titan Machinery's (TITN) quarterly Change in Inventory came in at -$115.7 million in Q1 2026, up 58.77% year-on-year from -$72.9 million in Q1 2025, and up 5.89% quarter-over-quarter from -$122.9 million in Q4 2025.

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

Titan Machinery has disclosed Change in Inventory across 13 years of filings, most recently posting -$115.7 million for Q1 2026.

  • Change in Inventory for Q1 2026 came in at -$115.7 million, up 58.77% year-over-year; the trailing twelve-month figure through Jan 2026 was -$235.7 million (down 41.85% YoY), and the FY2026 annual result was -$235.7 million, down 41.85% from the prior year.
  • Change in Inventory came in at -$115.7 million for Q1 2026 at Titan Machinery, up from -$122.9 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $140.1 million in Q2 2023 to a low of -$280.7 million in Q1 2025.
  • The 5-year median for Change in Inventory is $65.2 million (2023), against an average of $14.9 million.
  • Across the five-year window, Change in Inventory jumped 4192.32% in 2022 and tumbled 338.76% in 2025, its largest moves.
  • Titan Machinery's Change in Inventory stood at -$22.0 million in 2022, then surged by 535.59% to $95.7 million in 2023, then tumbled by 233.34% to -$127.6 million in 2024, then increased by 3.67% to -$122.9 million in 2025, then grew by 5.89% to -$115.7 million in 2026.
  • The last three Change in Inventory figures came in at -$115.7 million (Q1 2026), -$122.9 million (Q4 2025), and $19.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 W.W. Grainger 63.64 Bn 63.46 Bn 1.75 Bn 120.00 Mn
2 Fastenal 53.18 Bn 52.87 Bn 982.90 Mn -52.50 Mn
3 Ferguson Enterprises 45.51 Bn 44.69 Bn 2.32 Bn 92.00 Mn
4 Wesco International 17.33 Bn 16.62 Bn 1.29 Bn 215.20 Mn
5 Watsco 14.65 Bn 14.51 Bn 427.56 Mn 330.43 Mn
6 Qxo 12.24 Bn 9.19 Bn 409.30 Mn 183.90 Mn
7 Applied Industrial Technologies 11.99 Bn 11.82 Bn 380.80 Mn -
8 Core & Main 9.98 Bn 9.84 Bn 428.00 Mn -36.00 Mn
9 Pool 7.00 Bn 6.92 Bn 329.87 Mn 209.70 Mn
10 Titan Machinery 472.48 Mn 472.48 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