Titan Machinery annual gross margin
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2026
Titan Machinery Gross Margin Growth & History (TITN)
Titan Machinery's gross margin was 15.76% for fiscal 2026.
View full Titan Machinery company overviewTitan Machinery annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-01-31 | 15.76% | +1.12 pp |
| 2025 | 2025-01-31 | 14.64% | −4.62 pp |
| 2024 | 2024-01-31 | 19.26% | −0.65 pp |
| 2023 | 2023-01-31 | 19.91% | +0.47 pp |
| 2022 | 2022-01-31 | 19.44% | +0.92 pp |
| 2021 | 2021-01-31 | 18.52% | −0.70 pp |
| 2020 | 2020-01-31 | 19.22% | +0.86 pp |
| 2019 | 2019-01-31 | 18.36% | +0.31 pp |
| 2018 | 2018-01-31 | 18.05% | +0.27 pp |
| 2017 | 2017-01-31 | 17.79% | +2.73 pp |
| 2016 | 2016-01-31 | 15.05% | −1.17 pp |
| 2015 | 2015-01-31 | 16.23% | +0.60 pp |
| 2014 | 2014-01-31 | 15.63% | +0.20 pp |
| 2013 | 2013-01-31 | 15.44% | −1.17 pp |
| 2012 | 2012-01-31 | 16.60% | +0.65 pp |
| 2011 | 2011-01-31 | 15.95% | −0.87 pp |
| 2010 | 2010-01-31 | 16.82% | — |
Titan Machinery quarterly gross margin
Q2.11
Q3.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2027 | 2026-04-30 | 17.09% | +1.79 pp |
| Q4 2026 | 2026-01-31 | 13.55% | +6.84 pp |
| Q3 2026 | 2025-10-31 | 17.22% | +0.97 pp |
| Q2 2026 | 2025-07-31 | 17.14% | −0.60 pp |
| Q1 2026 | 2025-04-30 | 15.30% | −4.07 pp |
| Q4 2025 | 2025-01-31 | 6.71% | −9.84 pp |
| Q3 2025 | 2024-10-31 | 16.25% | −3.68 pp |
| Q2 2025 | 2024-07-31 | 17.73% | −3.03 pp |
| Q1 2025 | 2024-04-30 | 19.37% | −1.45 pp |
| Q4 2024 | 2024-01-31 | 16.55% | −2.12 pp |
| Q3 2024 | 2023-10-31 | 19.93% | −0.94 pp |
| Q2 2024 | 2023-07-31 | 20.76% | +0.08 pp |
| Q1 2024 | 2023-04-30 | 20.82% | +1.58 pp |
| Q4 2023 | 2023-01-31 | 18.67% | +0.11 pp |
| Q3 2023 | 2022-10-31 | 20.87% | +0.50 pp |
| Q2 2023 | 2022-07-31 | 20.68% | +0.82 pp |
| Q1 2023 | 2022-04-30 | 19.24% | +0.20 pp |
| Q4 2022 | 2022-01-31 | 18.57% | +3.06 pp |
| Q3 2022 | 2021-10-31 | 20.37% | +0.27 pp |
| Q2 2022 | 2021-07-31 | 19.87% | −0.79 pp |
| Q1 2022 | 2021-04-30 | 19.04% | +0.21 pp |
| Q4 2021 | 2021-01-31 | 15.51% | −1.91 pp |
| Q3 2021 | 2020-10-31 | 20.10% | +0.22 pp |
| Q2 2021 | 2020-07-31 | 20.66% | +0.33 pp |
| Q1 2021 | 2020-04-30 | 18.83% | −0.54 pp |
| Q4 2020 | 2020-01-31 | 17.41% | +1.96 pp |
| Q3 2020 | 2019-10-31 | 19.89% | +0.62 pp |
| Q2 2020 | 2019-07-31 | 20.33% | +0.51 pp |
| Q1 2020 | 2019-04-30 | 19.37% | −0.15 pp |
| Q4 2019 | 2019-01-31 | 15.46% | −0.37 pp |
| Q3 2019 | 2018-10-31 | 19.27% | +0.66 pp |
| Q2 2019 | 2018-07-31 | 19.82% | +0.18 pp |
| Q1 2019 | 2018-04-30 | 19.51% | +0.99 pp |
| Q4 2018 | 2018-01-31 | 15.82% | −0.12 pp |
| Q3 2018 | 2017-10-31 | 18.61% | +1.03 pp |
| Q2 2018 | 2017-07-31 | 19.64% | +0.62 pp |
| Q1 2018 | 2017-04-30 | 18.52% | −0.28 pp |
| Q4 2017 | 2017-01-31 | 15.94% | +11.09 pp |
| Q3 2017 | 2016-10-31 | 17.58% | −1.88 pp |
| Q2 2017 | 2016-07-31 | 19.02% | +0.44 pp |
| Q1 2017 | 2016-04-30 | 18.80% | +1.69 pp |
| Q4 2016 | 2016-01-31 | 4.85% | −9.03 pp |
| Q3 2016 | 2015-10-31 | 19.46% | +2.29 pp |
| Q2 2016 | 2015-07-31 | 18.57% | +0.91 pp |
| Q1 2016 | 2015-04-30 | 17.11% | +0.80 pp |
| Q4 2015 | 2015-01-31 | 13.88% | +0.19 pp |
| Q3 2015 | 2014-10-31 | 17.17% | +1.25 pp |
| Q2 2015 | 2014-07-31 | 17.66% | +0.55 pp |
| Q1 2015 | 2014-04-30 | 16.31% | −0.43 pp |
| Q4 2014 | 2014-01-31 | 13.69% | +0.36 pp |
| Q3 2014 | 2013-10-31 | 15.92% | −0.24 pp |
| Q2 2014 | 2013-07-31 | 17.11% | −0.05 pp |
| Q1 2014 | 2013-04-30 | 16.74% | +0.05 pp |
| Q4 2013 | 2013-01-31 | 13.32% | −1.97 pp |
| Q3 2013 | 2012-10-31 | 16.16% | −1.34 pp |
| Q2 2013 | 2012-07-31 | 17.16% | −0.81 pp |
| Q1 2013 | 2012-04-30 | 16.70% | +0.10 pp |
| Q4 2012 | 2012-01-31 | 15.29% | −0.12 pp |
| Q3 2012 | 2011-10-31 | 17.50% | +0.30 pp |
| Q2 2012 | 2011-07-31 | 17.97% | — |
| Q1 2012 | 2011-04-30 | 16.60% | — |
| Q3 2011 | 2010-10-31 | 15.41% | — |
| Q2 2011 | 2010-07-31 | 17.19% | — |
Titan Machinery gross margin trends
Over the last five reported fiscal years, Titan Machinery's gross margin decreased from 18.52% to 15.76%, a change of −2.76 percentage points. The latest reported quarter, Q1 2027, shows 17.09%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Titan Machinery filings at SEC.gov ↗