Titan Machinery Reports Q2 2027 Earnings with Mixed Performance Across Segments
Titan Machinery (TITN) reported second-quarter results for fiscal year 2027, showing a total revenue of $496.4 million, down from $546.4 million in the prior-year period due to a 6.2% decline in same-store sales. The company noted an improvement in gross profit margin by 150 basis points to 18.6%, driven by stronger equipment margins and increased parts and service revenue. The Domestic Agriculture segment saw a decrease, while Construction revenue grew on strong demand from infrastructure projects. Europe's performance declined sharply due to the wind-down of German operations and weak market conditions. Australia showed growth after adding New Holland locations in late 2025. Titan reaffirmed its full-year EBITDA guidance but reported an adjusted net loss per share of $0.40, up from $0.26 last year.
Tickers: $TITN
Topics: adjusted_ebitda gross_profit_margin net_loss revenue segment_performance