Titan Machinery (TITN) Gross Margin (2010 - 2026)

Titan Machinery's (TITN) quarterly Gross Margin came in at 13.55% in Q1 2026, up 684.0% year-on-year from 1.73% in Q1 2025, and down 21.34% quarter-over-quarter from 17.22% in Q4 2025.

Titan Machinery (TITN) Gross Margin (2010 - 2026) Analysis & Trends

Titan Machinery has disclosed Gross Margin across 17 years of filings, most recently posting 13.55% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 13.55%, up 684.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 15.76% (up 112.0% YoY), and the FY2026 annual result was 15.76%, up 112.0% from the prior year.
  • Gross Margin came in at 13.55% for Q1 2026 at Titan Machinery, down from 17.22% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 202.06% in Q1 2024 to a low of 6.71% in Q1 2025.
  • The 5-year median for Gross Margin is 19.24% (2022), against an average of 33.63%.
  • Across the five-year window, Gross Margin surged 9657 bps in 2024 and plunged 19535 bps in 2025, its largest moves.
  • Titan Machinery's Gross Margin stood at 20.87% in 2022, then declined by 5 bps to 19.93% in 2023, then fell by 18 bps to 16.25% in 2024, then increased by 6 bps to 17.22% in 2025, then declined by 21 bps to 13.55% in 2026.
  • The last three Gross Margin figures came in at 13.55% (Q1 2026), 17.22% (Q4 2025), and 17.14% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 W.W. Grainger 62.43 Bn 62.25 Bn 1.75 Bn 39.46%
2 Fastenal 52.87 Bn 52.56 Bn 982.90 Mn 44.64%
3 Ferguson Enterprises 43.71 Bn 42.89 Bn 2.32 Bn 31.02%
4 Wesco International 17.21 Bn 16.51 Bn 1.29 Bn 21.25%
5 Watsco 14.12 Bn 13.98 Bn 427.56 Mn 27.89%
6 Applied Industrial Technologies 11.70 Bn 11.53 Bn 380.80 Mn 30.43%
7 Qxo 11.53 Bn 8.48 Bn 409.30 Mn 23.66%
8 Core & Main 9.91 Bn 9.77 Bn 428.00 Mn 27.07%
9 Pool 6.54 Bn 6.47 Bn 329.87 Mn 28.99%
10 Titan Machinery 546.41 Mn 546.41 Mn 86.96 Mn 13.55%

Historic Data

Download Data
DateValue
Jan 31, 2026 13.55%
Oct 31, 2025 17.22%
Jul 31, 2025 17.14%
Apr 30, 2025 15.30%
Jan 31, 2025 6.71%
Oct 31, 2024 16.25%
Jul 31, 2024 17.73%
Apr 30, 2024 19.37%
Jan 31, 2024 202.06%
Oct 31, 2023 19.93%
Jul 31, 2023 20.76%
Apr 30, 2023 20.82%
Jan 31, 2023 105.49%
Oct 31, 2022 20.87%
Jul 31, 2022 20.68%
Apr 30, 2022 19.24%
Jan 31, 2022 18.57%
Oct 31, 2021 20.37%
Jul 31, 2021 19.87%
Apr 30, 2021 19.04%