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
DateValue
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