Titan Machinery Q2 Loss Widens to $0.40/Share; Europe Outlook Cut Sharply
TITN sits 36% above its 52-week low of $13.21.
Summary
Titan Machinery reported a wider Q2 net loss of $9.2M ($0.40/share) on revenue down 9.2% to $496.4M. Gross margin improved 150 bps to 18.6%, but the company cut its Europe revenue outlook to -30% to -40% while raising Construction and Australia expectations.
Key Events · Earnings and Guidance · TITN
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Q2 Net Loss Widens
Net loss of $9.2M ($0.40 per diluted share) vs $6.0M loss ($0.26) a year ago; revenue fell 9.2% to $496.4M.
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Gross Margin Expands 150 bps
Gross margin improved to 18.6% from 17.1%, driven by stronger equipment margins from reduced aged inventory and a higher mix of parts/service revenue.
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Europe Outlook Cut Sharply
Europe segment revenue guidance lowered to -30% to -40% from -20% to -25%, reflecting softer equipment demand and the wind-down of German operations.
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Construction and Australia Raised
Construction outlook raised to +5% to +10% (from flat to +5%) on data center/infrastructure tailwinds; Australia raised to +15% to +20% (from +10% to +15%) on improved farmer sentiment.
Analysis · TITN · Trade & Services
Titan Machinery's fiscal Q2 results show a widening net loss and a sharp cut to its Europe segment outlook, even as gross margin improved and Construction/Australia guidance was raised. The company reaffirmed its full-year adjusted EBITDA and loss-per-share targets, but the Europe revision signals deteriorating demand in a key region. With revenue down 9.2% and operating cash flow negative for the first half, the report underscores continued cyclical pressure in agriculture equipment.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TITN was trading at $18.01 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $438.3M. The 52-week trading range was $13.21 to $25.00. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.