Titan Machinery (TITN) Interest Expenses (2010 - 2026)
Titan Machinery's (TITN) quarterly Interest Expenses came in at $4.6 million in Q1 2026, down 81.07% year-on-year from $24.2 million in Q1 2025, and down 3.51% quarter-over-quarter from $4.8 million in Q4 2025.
Titan Machinery (TITN) Interest Expenses (2010 - 2026) Analysis & Trends
Titan Machinery has disclosed Interest Expenses across 17 years of filings, most recently posting $4.6 million for Q1 2026.
- Interest Expenses for Q1 2026 came in at $4.6 million, down 81.07% year-over-year; the trailing twelve-month figure through Jan 2026 was $20.7 million (down 53.82% YoY), and the FY2026 annual result was $24.1 million, down 30.54% from the prior year.
- Interest Expenses came in at $4.6 million for Q1 2026 at Titan Machinery, down from $4.8 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $24.2 million in Q1 2025 to a low of -$1.9 million in Q1 2023.
- The 5-year median for Interest Expenses is $4.3 million (2024), against an average of $4.8 million.
- Across the five-year window, Interest Expenses sank 1402.03% in 2023 and surged 642.79% in 2024, its largest moves.
- Titan Machinery's Interest Expenses stood at $1.3 million in 2022, then surged by 221.8% to $4.0 million in 2023, then increased by 5.96% to $4.3 million in 2024, then grew by 10.94% to $4.8 million in 2025, then fell by 3.51% to $4.6 million in 2026.
- The last three Interest Expenses figures came in at $4.6 million (Q1 2026), $4.8 million (Q4 2025), and $6.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | - |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 800,000.00 |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | - |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | - |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | - |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 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 | 29.00 Mn |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | - |
| 10 | Titan Machinery | 472.48 Mn | 472.48 Mn | 89.28 Mn | 4.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 4.62 Mn |
| Apr 30, 2026 | 4.62 Mn |
| Jan 31, 2026 | 4.59 Mn |
| Jan 31, 2026 | 4.59 Mn |
| Oct 31, 2025 | 6.18 Mn |
| Oct 31, 2025 | 6.18 Mn |
| Jul 31, 2025 | 4.72 Mn |
| Jul 31, 2025 | 4.72 Mn |
| Apr 30, 2025 | 6.53 Mn |
| Apr 30, 2025 | 6.53 Mn |
| Jan 31, 2025 | 24.23 Mn |
| Jan 31, 2025 | 24.23 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 | 7.06 Mn |
| Apr 30, 2024 | 7.06 Mn |
| Jan 31, 2024 | 6.03 Mn |
| Jan 31, 2024 | 6.03 Mn |