Titan Machinery (TITN) Revenue & Revenue Breakdown


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Titan Machinery Revenue Highlights


Latest Revenue (Y)

$2.76B

Latest Revenue (Q)

$633.67M

Main Segment (Y)

Revenue from Contracts with Customers

Main Geography (Y)

UNITED STATES

Titan Machinery Revenue by Period


Titan Machinery Revenue by Year

DateRevenueChange
2024-01-31$2.76B24.86%
2023-01-31$2.21B29.06%
2022-01-31$1.71B21.31%
2021-01-31$1.41B8.13%
2020-01-31$1.31B3.46%
2019-01-31$1.26B4.87%
2018-01-31$1.20B-0.84%
2017-01-31$1.21B-11.31%
2016-01-31$1.37B-28.02%
2015-01-31$1.90B-14.65%
2014-01-31$2.23B1.27%
2013-01-31$2.20B32.52%
2012-01-31$1.66B51.58%
2011-01-31$1.09B30.49%
2010-01-31$838.78M21.49%
2009-01-31$690.44M59.46%
2008-01-31$432.97M47.97%
2007-01-31$292.60M28.07%
2006-01-31$228.47M40.87%
2005-01-31$162.18M66.42%
2004-01-31$97.45M46.42%
2003-01-31$66.56M-

Titan Machinery generated $2.76B in revenue during NA 2024, up 24.86% compared to the previous quarter, and up 218.66% compared to the same period a year ago.

Titan Machinery Revenue by Quarter

DateRevenueChange
2024-07-31$633.67M0.79%
2024-04-30$628.70M-26.22%
2024-01-31$852.13M22.77%
2023-10-31$694.12M8.02%
2023-07-31$642.57M12.80%
2023-04-30$569.63M-2.29%
2023-01-31$582.98M-12.83%
2022-10-31$668.77M34.69%
2022-07-31$496.54M7.71%
2022-04-30$461.01M-9.18%
2022-01-31$507.60M11.81%
2021-10-31$453.98M20.22%
2021-07-31$377.63M1.32%
2021-04-30$372.71M-14.65%
2021-01-31$436.68M21.01%
2020-10-31$360.87M18.92%
2020-07-31$303.46M-2.17%
2020-04-30$310.21M-11.61%
2020-01-31$350.96M-2.76%
2019-10-31$360.94M14.59%
2019-07-31$314.98M13.18%
2019-04-30$278.29M-22.62%
2019-01-31$359.65M-1.10%
2018-10-31$363.65M21.26%
2018-07-31$299.89M22.07%
2018-04-30$245.68M-27.66%
2018-01-31$339.61M2.81%
2017-10-31$330.34M22.86%
2017-07-31$268.87M1.80%
2017-04-30$264.12M-16.84%
2017-01-31$317.62M-4.41%
2016-10-31$332.27M19.38%
2016-07-31$278.33M-2.29%
2016-04-30$284.86M-15.09%
2016-01-31$335.47M-2.75%
2015-10-31$344.98M3.23%
2015-07-31$334.19M-5.38%
2015-04-30$353.20M-28.01%
2015-01-31$490.65M-0.50%
2014-10-31$493.14M9.35%
2014-07-31$450.99M-3.11%
2014-04-30$465.46M-34.32%
2014-01-31$708.63M20.52%
2013-10-31$587.96M20.44%
2013-07-31$488.18M10.53%
2013-04-30$441.67M-43.70%
2013-01-31$784.51M34.77%
2012-10-31$582.11M41.95%
2012-07-31$410.07M-2.76%
2012-04-30$421.72M-30.53%
2012-01-31$607.02M43.52%
2011-10-31$422.96M36.07%
2011-07-31$310.85M-2.30%
2011-04-30$318.17M-13.56%
2011-01-31$368.06M18.23%
2010-10-31$311.31M48.48%
2010-07-31$209.67M2.05%
2010-04-30$205.46M-18.56%
2010-01-31$252.27M11.12%
2009-10-31$227.02M17.51%
2009-07-31$193.19M16.17%
2009-04-30$166.30M-12.01%
2009-01-31$188.99M-11.67%
2008-10-31$213.96M58.60%
2008-07-31$134.91M-11.58%
2008-04-30$152.58M12.89%
2008-01-31$135.16M-

Titan Machinery generated $633.67M in revenue during Q2 2025, up 0.79% compared to the previous quarter, and up 111.24% compared to the same period a year ago.

Titan Machinery Revenue Breakdown


Titan Machinery Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceJan 24Jan 23Jan 22Jan 21Jan 20
Other Revenue$8.21M$6.86M$5.44M$5.82M$6.15M
Revenue from Contracts with Customers$2.72B$2.18B$1.68B$1.37B$1.26B
Sales of Equipment$2.15B$1.71B$1.29B--
Sales of Parts$410.84M$327.20M$266.92M--
Service Sales$157.31M$129.80M$115.64M--
Rental Revenue$36.76M$33.89M$32.23M$37.43M$48.44M
Service Revenue---$107.23M$99.17M
Equipment Revenue---$1.02B$917.20M
Parts Revenue---$244.68M$234.22M

Titan Machinery's latest annual revenue breakdown by segment (product or service), as of Jan 24: Revenue from Contracts with Customers (49.66%), Sales of Equipment (39.15%), Sales of Parts (7.50%), Service Sales (2.87%), Rental Revenue (0.67%), and Other Revenue (0.15%).

Quarterly Revenue by Product

Product/ServiceJul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19
Rental$9.37M$5.81M$10.41M$9.44M$6.83M$10.17M$8.64M$5.25M$10.04M$8.47M----------
Service Sales$47.27M$45.08M$35.14M$44.77M$42.48M$34.93M$27.96M$38.96M$33.37M$29.52M$26.24M$32.03M$29.68M-------
Sales of Parts$109.81M$108.23M$90.76M$114.96M$108.51M$96.61M$72.22M$108.72M$77.69M$68.56M$58.45M$80.52M$65.32M-------
Sales of Equipment$465.23M$468.09M$714.04M$521.77M$480.12M$429.38M$470.98M$509.00M$375.22M$356.37M$413.16M$329.81M$272.73M-------
Revenue from Contracts with Customers$624.31M$622.89M$842.06M$683.70M$633.13M$562.80M$573.15M$658.60M$487.90M$455.76M$499.09M$443.94M$369.16M$367.49M$428.02M$349.93M$293.77M$302.07M$338.52M$346.04M
Other Revenue$2.00M$1.50M$2.11M$2.20M$2.02M$1.89M$1.99M$1.93M$1.63M$1.31M$1.25M$1.58M$1.44M$1.18M$1.24M$1.55M$1.67M$1.35M$1.46M$1.71M
Equipment Revenue-------------$275.98M$354.01M$240.90M$202.65M$218.50M$262.83M$245.99M
Parts Revenue-------------$62.63M$49.83M$76.78M$61.45M$56.61M$52.29M$70.79M
Rental Revenue-------------$5.22M$8.65M$10.94M$9.70M$8.13M$12.44M$14.90M
Service Revenue-------------$27.70M$22.95M$30.70M$27.99M$25.60M$21.95M$27.55M

Titan Machinery's latest quarterly revenue breakdown by segment (product or service), as of Jul 24: Revenue from Contracts with Customers (49.63%), Sales of Equipment (36.98%), Sales of Parts (8.73%), Service Sales (3.76%), Rental (0.74%), and Other Revenue (0.16%).

Titan Machinery Revenue Breakdown by Country

Annual Revenue by Country

CountryJan 24Jan 23Jan 22Jan 21Jan 20
UNITED STATES$2.40B----
All Countries, Excluding United States-$299.10M$318.00M$219.00M$236.10M

Titan Machinery's latest annual revenue breakdown by geography, as of Jan 24: UNITED STATES (100.00%).

Quarterly Revenue by Country

CountryJul 24Apr 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19
Non-US$68.15M$65.11M------------------
AUSTRALIA$61.30M$44.42M------------------
UNITED STATES$504.23M$519.18M------------------
International--$85.20M$271.69M$223.22M---------------
Service Sales-----$27.96M$38.96M$33.37M$29.52M$26.24M$32.03M$29.68M--------
Revenue from Contracts with Customers-----$573.15M$658.60M$487.90M$455.76M$499.09M$443.94M$369.16M$367.49M$428.02M$349.93M$293.77M$302.07M$338.52M$346.04M$302.21M
Sales of Parts-----$72.22M$108.72M$77.69M$68.56M$58.45M$80.52M$65.32M--------
Other Revenue-----$1.99M$1.93M$1.63M$1.31M$1.25M$1.58M$1.44M$1.18M$1.24M$1.55M$1.67M$1.35M$1.46M$1.71M$1.74M
Sales of Equipment-----$470.98M$509.00M$375.22M$356.37M$413.16M$329.81M$272.73M--------
Rental------$10.17M$8.64M$5.25M$10.04M$8.47M---------
Equipment Revenue------------$275.98M$354.01M$240.90M$202.65M$218.50M$262.83M$245.99M$214.44M
Parts Revenue------------$62.63M$49.83M$76.78M$61.45M$56.61M$52.29M$70.79M$59.20M
Rental Revenue------------$5.22M$8.65M$10.94M$9.70M$8.13M$12.44M$14.90M$12.77M
Service Revenue------------$27.70M$22.95M$30.70M$27.99M$25.60M$21.95M$27.55M$26.83M

Titan Machinery's latest quarterly revenue breakdown by geography, as of Jul 24: UNITED STATES (79.57%), Non-US (10.75%), and AUSTRALIA (9.67%).

Titan Machinery Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
FERGFerguson$29.64B$7.31B
WSOWatsco$7.28B$2.16B
CNMCore & Main$6.70B$1.96B
AITApplied Industrial$4.48B$1.10B
SITESiteOne Landscape Supply$4.30B$1.21B
MSMMSC Industrial Direct$3.82B$979.35M
BXCBlueLinx$3.14B$747.29M
TITNTitan Machinery$2.76B$633.67M
DXPEDXP Enterprises$1.68B$472.94M
DSGRDistribution Solutions Group$1.57B$468.02M
GICGlobal Industrial Company$1.27B$342.40M

TITN Revenue FAQ


What is Titan Machinery’s yearly revenue?

Titan Machinery's yearly revenue for 2024 was $2.76B, representing an increase of 24.86% compared to 2023. The company's yearly revenue for 2023 was $2.21B, representing an increase of 29.06% compared to 2022. TITN's yearly revenue for 2022 was $1.71B, representing an increase of 21.31% compared to 2021.

What is Titan Machinery’s quarterly revenue?

Titan Machinery's quarterly revenue for Q2 2025 was $633.67M, a 0.79% increase from the previous quarter (Q1 2025), and a -1.38% decrease year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $628.7M, a -26.22% decrease from the previous quarter (Q4 2024), and a 10.37% increase year-over-year (Q1 2024). TITN's quarterly revenue for Q4 2024 was $852.13M, a 22.77% increase from the previous quarter (Q3 2024), and a 46.17% increase year-over-year (Q4 2023).

What is Titan Machinery’s revenue growth rate?

Titan Machinery's revenue growth rate for the last 3 years (2022-2024) was 61.13%, and for the last 5 years (2020-2024) was 111.35%.

What are Titan Machinery’s revenue streams?

Titan Machinery's revenue streams in n 24 are Other Revenue, Revenue from Contracts with Customers, Sales of Equipment, Sales of Parts, Service Sales, and Rental Revenue. Other Revenue generated $8.21M in revenue, accounting 0.15% of the company's total revenue, up 19.81% year-over-year. Revenue from Contracts with Customers generated $2.72B in revenue, accounting 49.66% of the company's total revenue, up 25.11% year-over-year. Sales of Equipment generated $2.15B in revenue, accounting 39.15% of the company's total revenue, up 25.34% year-over-year. Sales of Parts generated $410.84M in revenue, accounting 7.50% of the company's total revenue, up 25.56% year-over-year. Service Sales generated $157.32M in revenue, accounting 2.87% of the company's total revenue, up 21.20% year-over-year. Rental Revenue generated $36.76M in revenue, accounting 0.67% of the company's total revenue, up 8.46% year-over-year.

What is Titan Machinery’s main source of revenue?

For the fiscal year ending Jan 24, the largest source of revenue of Titan Machinery was Revenue from Contracts with Customers. This segment made a revenue of $2.72B, representing 49.66% of the company's total revenue.