Mar. 19 at 11:19 AM
$TITN Titan Machinery reports Q4 EPS (
$1.43), consensus (
$1.00)
Reports Q4 revenue
$641.8M, consensus
$615.53M. "Our FY26 results represent a year of decisive execution on our inventory reduction initiative. For the full fiscal year, we reduced total inventory by
$206M, significantly exceeding our target of
$150M - and we did it while delivering stronger-than-anticipated equipment margins. That combination is something our entire team is extremely proud of achieving. Inventory levels peaked in 2Q25, and over the next 18 months we reduced total inventory by
$625M," commented CEO Bryan Knutson.
"We will continue to focus on optimizing the mix of our inventory but do not have further targeted reductions from an overall inventory level perspective as we head into FY27. The work we put in this year to right-size our inventory gives us a fundamentally stronger foundation to operate from, and I'm confident it will prove to be a pivotal step in positioning Titan for the next phase of the cycle."
