Titan Machinery (TITN) Interest Expenses (2010 - 2026)
Titan Machinery (TITN) posted Interest Expenses of $7.9 million for Q2 2026, down 21.56% sequentially from $10.1 million in Q1 2026, and down 26.95% YoY from $10.8 million in Q2 2025.
Titan Machinery (TITN) Interest Expenses (2010 - 2026) Analysis & Trends
Titan Machinery has reported Interest Expenses for 17 years, with the latest figure at $7.9 million in Q2 2026.
- Quarterly Interest Expenses fell 26.95% year-over-year to $7.9 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $31.0 million (up 434.26% YoY) and the FY2026 annual result came in at $29.9 million, down 13.95% from the prior year.
- Interest Expenses eased to $7.9 million in Q2 2026 per TITN's latest filing, from $10.1 million in the prior quarter.
- Over five years, Interest Expenses peaked at $75.7 million in Q2 2022 and troughed at -$24.2 million in Q1 2025.
- A 5-year average of $8.8 million and a median of $8.0 million in 2023 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2024: Interest Expenses sank 740.88% in 2022, then jumped 642.79% in 2024.
- Over 5 years, Interest Expenses stood at $9.7 million in 2022, then tumbled by 84.59% to $1.5 million in 2023, then soared by 568.88% to $10.0 million in 2024, then plunged by 38.13% to $6.2 million in 2025, then gained by 28.11% to $7.9 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $7.9 million, $10.1 million, and $6.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 20.00 Mn |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 1.30 Mn |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 22.00 Mn |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 570.80 Mn |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 30.80 Mn |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | - |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 97.00 Mn |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | - |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 5.38 Mn |
| 10 | Titan Machinery | 413.11 Mn | 413.11 Mn | 89.28 Mn | 7.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 7.92 Mn |
| Apr 30, 2026 | 7.92 Mn |
| Jan 31, 2026 | 10.10 Mn |
| Jan 31, 2026 | 10.10 Mn |
| Oct 31, 2025 | 6.18 Mn |
| Oct 31, 2025 | 6.18 Mn |
| Jul 31, 2025 | 6.81 Mn |
| Jul 31, 2025 | 6.81 Mn |
| Apr 30, 2025 | 10.84 Mn |
| Apr 30, 2025 | 10.84 Mn |
| Jan 31, 2025 | -24.25 Mn |
| Jan 31, 2025 | -24.25 Mn |
| Oct 31, 2024 | 9.99 Mn |
| Oct 31, 2024 | 9.99 Mn |
| Jul 31, 2024 | 9.22 Mn |
| Jul 31, 2024 | 9.22 Mn |
| Apr 30, 2024 | 9.46 Mn |
| Apr 30, 2024 | 9.46 Mn |
| Jan 31, 2024 | 4.79 Mn |
| Jan 31, 2024 | 4.79 Mn |