Titan Machinery (TITN) Operating Expenses (2010 - 2026)

Titan Machinery's (TITN) quarterly Operating Expenses came in at $95.7 million in Q1 2026, down 1.03% year-on-year from $96.7 million in Q1 2025, and down 4.75% quarter-over-quarter from $100.5 million in Q4 2025.

Titan Machinery (TITN) Operating Expenses (2010 - 2026) Analysis & Trends

Titan Machinery has disclosed Operating Expenses across 17 years of filings, most recently posting $95.7 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $95.7 million, down 1.03% year-over-year; the trailing twelve-month figure through Jan 2026 was $385.2 million (down 1.17% YoY), and the FY2026 annual result was $385.2 million, down 1.17% from the prior year.
  • Operating Expenses came in at $95.7 million for Q1 2026 at Titan Machinery, down from $100.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $100.5 million in Q4 2025 to a low of $64.2 million in Q2 2022.
  • The 5-year median for Operating Expenses is $92.7 million (2025), against an average of $88.4 million.
  • Across the five-year window, Operating Expenses soared 34.82% in 2022 and retreated 3.62% in 2025, its largest moves.
  • Titan Machinery's Operating Expenses stood at $84.9 million in 2022, then climbed by 8.55% to $92.1 million in 2023, then gained by 7.23% to $98.8 million in 2024, then increased by 1.72% to $100.5 million in 2025, then retreated by 4.75% to $95.7 million in 2026.
  • The last three Operating Expenses figures came in at $95.7 million (Q1 2026), $100.5 million (Q4 2025), and $92.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 W.W. Grainger 62.43 Bn 62.25 Bn 1.75 Bn 1.11 Bn
2 Fastenal 52.87 Bn 52.56 Bn 982.90 Mn 535.30 Mn
3 Ferguson Enterprises 43.71 Bn 42.89 Bn 2.32 Bn 1.61 Bn
4 Wesco International 17.21 Bn 16.51 Bn 1.29 Bn 947.60 Mn
5 Watsco 14.12 Bn 13.98 Bn 427.56 Mn 322.85 Mn
6 Applied Industrial Technologies 11.70 Bn 11.53 Bn 380.80 Mn 242.88 Mn
7 Qxo 11.53 Bn 8.48 Bn 409.30 Mn 661.20 Mn
8 Core & Main 9.91 Bn 9.77 Bn 428.00 Mn 310.00 Mn
9 Pool 6.54 Bn 6.47 Bn 329.87 Mn 247.26 Mn
10 Titan Machinery 546.41 Mn 546.41 Mn 86.96 Mn 95.70 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 95.70 Mn
Oct 31, 2025 100.47 Mn
Jul 31, 2025 92.66 Mn
Apr 30, 2025 96.40 Mn
Jan 31, 2025 96.69 Mn
Oct 31, 2024 98.77 Mn
Jul 31, 2024 95.16 Mn
Apr 30, 2024 99.16 Mn
Jan 31, 2024 100.33 Mn
Oct 31, 2023 92.12 Mn
Jul 31, 2023 88.75 Mn
Apr 30, 2023 81.32 Mn
Jan 31, 2023 83.68 Mn
Oct 31, 2022 84.86 Mn
Jul 31, 2022 68.83 Mn
Apr 30, 2022 64.15 Mn
Jan 31, 2022 64.58 Mn
Oct 31, 2021 62.94 Mn
Jul 31, 2021 57.07 Mn
Apr 30, 2021 56.44 Mn