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