Titan Machinery (TITN) Tax Provisions (2010 - 2026)
Titan Machinery's (TITN) quarterly Tax Provisions came in at $13.5 million in Q1 2026, up 189.61% year-on-year from $4.7 million in Q1 2025, and up 736.71% quarter-over-quarter from $1.6 million in Q4 2025.
Titan Machinery (TITN) Tax Provisions (2010 - 2026) Analysis & Trends
Titan Machinery has disclosed Tax Provisions across 17 years of filings, most recently posting $13.5 million for Q1 2026.
- Tax Provisions for Q1 2026 came in at $13.5 million, up 189.61% year-over-year; the trailing twelve-month figure through Jan 2026 was $8.8 million (up 167.07% YoY), and the FY2026 annual result was $8.8 million, up 167.06% from the prior year.
- Tax Provisions came in at $13.5 million for Q1 2026 at Titan Machinery, up from $1.6 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $13.5 million in Q1 2026 to a low of -$15.0 million in Q1 2025.
- The 5-year median for Tax Provisions is $6.0 million (2022), against an average of $4.4 million.
- Peak annual rise in Tax Provisions reached 211.96% in 2025, while the deepest fall reached 4240.74% in 2025.
- Titan Machinery's Tax Provisions stood at $13.4 million in 2022, then declined by 23.56% to $10.3 million in 2023, then plunged by 114.02% to -$1.4 million in 2024, then soared by 211.96% to $1.6 million in 2025, then surged by 736.71% to $13.5 million in 2026.
- The last three Tax Provisions figures came in at $13.5 million (Q1 2026), $1.6 million (Q4 2025), and -$2.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 141.00 Mn |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 108.60 Mn |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 146.00 Mn |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 43.10 Mn |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 23.70 Mn |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | -53.20 Mn |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 35.36 Mn |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 21.00 Mn |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 16.98 Mn |
| 10 | Titan Machinery | 472.48 Mn | 472.48 Mn | 89.28 Mn | 141,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 141,000.00 |
| Jan 31, 2026 | 13.47 Mn |
| Oct 31, 2025 | 1.61 Mn |
| Jul 31, 2025 | -2.24 Mn |
| Apr 30, 2025 | -4.08 Mn |
| Jan 31, 2025 | -15.03 Mn |
| Oct 31, 2024 | -1.44 Mn |
| Jul 31, 2024 | 54,000.00 |
| Apr 30, 2024 | 3.35 Mn |
| Jan 31, 2024 | 9.60 Mn |
| Oct 31, 2023 | 10.26 Mn |
| Jul 31, 2023 | 10.27 Mn |
| Apr 30, 2023 | 8.47 Mn |
| Jan 31, 2023 | 5.72 Mn |
| Oct 31, 2022 | 13.42 Mn |
| Jul 31, 2022 | 8.19 Mn |
| Apr 30, 2022 | 6.04 Mn |
| Jan 31, 2022 | 6.33 Mn |
| Oct 31, 2021 | 7.01 Mn |
| Jul 31, 2021 | 4.38 Mn |