Titan Machinery (TITN) Gross Margin (2010 - 2026)
Titan Machinery (TITN) posted Gross Margin of 17.09% for Q2 2026, up 26.15% sequentially from 13.55% in Q1 2026, and up 179.0% YoY from 6.13% in Q2 2025.
Titan Machinery (TITN) Gross Margin (2010 - 2026) Analysis & Trends
Titan Machinery has reported Gross Margin for 17 years, with the latest figure at 17.09% in Q2 2026.
- Quarterly Gross Margin rose 179.0% year-over-year to 17.09% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 16.17% (up 250.0% YoY) and the FY2026 annual result came in at 15.76%, up 112.0% from the prior year.
- Gross Margin rose to 17.09% in Q2 2026 per TITN's latest filing, from 13.55% in the prior quarter.
- Over five years, Gross Margin peaked at 202.06% in Q1 2024 and troughed at 6.71% in Q1 2025.
- A 5-year average of 32.71% and a median of 18.9% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin jumped 9657 bps in 2024, then plunged 19535 bps in 2025.
- Over 5 years, Gross Margin stood at 20.87% in 2022, then retreated by 5 bps to 19.93% in 2023, then decreased by 18 bps to 16.25% in 2024, then gained by 6 bps to 17.22% in 2025, then declined by 1 bps to 17.09% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 17.09%, 13.55%, and 17.22% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 39.51% |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 44.56% |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 31.02% |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 21.85% |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 30.43% |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | 27.50% |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 27.23% |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | 29.66% |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 41.11% |
| 10 | Titan Machinery | 413.11 Mn | 413.11 Mn | 89.28 Mn | 17.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 17.09% |
| 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% |