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| Date | Value |
|---|---|
| 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 |