Titan Machinery (TITN) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2024-01-31 | $2.76B | 24.86% |
| 2023-01-31 | $2.21B | 29.06% |
| 2022-01-31 | $1.71B | 21.31% |
| 2021-01-31 | $1.41B | 8.13% |
| 2020-01-31 | $1.31B | 3.46% |
| 2019-01-31 | $1.26B | 4.87% |
| 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 | $2.23B | 1.27% |
| 2013-01-31 | $2.20B | 32.52% |
| 2012-01-31 | $1.66B | 51.58% |
| 2011-01-31 | $1.09B | 30.49% |
| 2010-01-31 | $838.78M | 21.49% |
| 2009-01-31 | $690.44M | 59.46% |
| 2008-01-31 | $432.97M | 47.97% |
| 2007-01-31 | $292.60M | 28.07% |
| 2006-01-31 | $228.47M | 40.87% |
| 2005-01-31 | $162.18M | 66.42% |
| 2004-01-31 | $97.45M | 46.42% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-07-31 | $633.67M | 0.79% |
| 2024-04-30 | $628.70M | -26.22% |
| 2024-01-31 | $852.13M | 22.77% |
| 2023-10-31 | $694.12M | 8.02% |
| 2023-07-31 | $642.57M | 12.80% |
| 2023-04-30 | $569.63M | -2.29% |
| 2023-01-31 | $582.98M | -12.83% |
| 2022-10-31 | $668.77M | 34.69% |
| 2022-07-31 | $496.54M | 7.71% |
| 2022-04-30 | $461.01M | -9.18% |
| 2022-01-31 | $507.60M | 11.81% |
| 2021-10-31 | $453.98M | 20.22% |
| 2021-07-31 | $377.63M | 1.32% |
| 2021-04-30 | $372.71M | -14.65% |
| 2021-01-31 | $436.68M | 21.01% |
| 2020-10-31 | $360.87M | 18.92% |
| 2020-07-31 | $303.46M | -2.17% |
| 2020-04-30 | $310.21M | -11.61% |
| 2020-01-31 | $350.96M | -2.76% |
| 2019-10-31 | $360.94M | 14.59% |
| 2019-07-31 | $314.98M | 13.18% |
| 2019-04-30 | $278.29M | -22.62% |
| 2019-01-31 | $359.65M | -1.10% |
| 2018-10-31 | $363.65M | 21.26% |
| 2018-07-31 | $299.89M | 22.07% |
| 2018-04-30 | $245.68M | -27.66% |
| 2018-01-31 | $339.61M | 2.81% |
| 2017-10-31 | $330.34M | 22.86% |
| 2017-07-31 | $268.87M | 1.80% |
| 2017-04-30 | $264.12M | -16.84% |
| 2017-01-31 | $317.62M | -4.41% |
| 2016-10-31 | $332.27M | 19.38% |
| 2016-07-31 | $278.33M | -2.29% |
| 2016-04-30 | $284.86M | -15.09% |
| 2016-01-31 | $335.47M | -2.75% |
| 2015-10-31 | $344.98M | 3.23% |
| 2015-07-31 | $334.19M | -5.38% |
| 2015-04-30 | $353.20M | -28.01% |
| 2015-01-31 | $490.65M | -0.50% |
| 2014-10-31 | $493.14M | 9.35% |
| 2014-07-31 | $450.99M | -3.11% |
| 2014-04-30 | $465.46M | -34.32% |
| 2014-01-31 | $708.63M | 20.52% |
| 2013-10-31 | $587.96M | 20.44% |
| 2013-07-31 | $488.18M | 10.53% |
| 2013-04-30 | $441.67M | -43.70% |
| 2013-01-31 | $784.51M | 34.77% |
| 2012-10-31 | $582.11M | 41.95% |
| 2012-07-31 | $410.07M | -2.76% |
| 2012-04-30 | $421.72M | -30.53% |
| 2012-01-31 | $607.02M | 43.52% |
| 2011-10-31 | $422.96M | 36.07% |
| 2011-07-31 | $310.85M | -2.30% |
| 2011-04-30 | $318.17M | -13.56% |
| 2011-01-31 | $368.06M | 18.23% |
| 2010-10-31 | $311.31M | 48.48% |
| 2010-07-31 | $209.67M | 2.05% |
| 2010-04-30 | $205.46M | -18.56% |
| 2010-01-31 | $252.27M | 11.12% |
| 2009-10-31 | $227.02M | 17.51% |
| 2009-07-31 | $193.19M | 16.17% |
| 2009-04-30 | $166.30M | -12.01% |
| 2009-01-31 | $188.99M | -11.67% |
| 2008-10-31 | $213.96M | 58.60% |
| 2008-07-31 | $134.91M | -11.58% |
| 2008-04-30 | $152.58M | 12.89% |
| 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/Service | Jan 24 | Jan 23 | Jan 22 | Jan 21 | Jan 20 |
|---|---|---|---|---|---|
| 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 |
| 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 |
| Equipment Revenue | - | - | - | $1.02B | $917.20M |
| Parts Revenue | - | - | - | $244.68M | $234.22M |
| Service Revenue | - | - | - | $107.23M | $99.17M |
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/Service | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rental | $9.37M | $5.81M | $10.41M | $9.44M | $6.83M | $10.17M | $8.64M | $5.25M | $10.04M | $8.47M | - | - | - | - | - | - | - | - | - | - |
| 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 | - | - | - | - | - | - | - |
| 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 | - | - | - | - | - | - | - |
| 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 |
| 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 | - | - | - | - | - | - | - |
| 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
| Country | Jan 24 | Jan 23 | Jan 22 | Jan 21 | Jan 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
| Country | Jul 24 | Apr 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNITED STATES | $504.23M | $519.18M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| AUSTRALIA | $61.30M | $44.42M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Non-US | $68.15M | $65.11M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| International | - | - | $85.20M | $271.69M | $223.22M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Sales of Equipment | - | - | - | - | - | $470.98M | $509.00M | $375.22M | $356.37M | $413.16M | $329.81M | $272.73M | - | - | - | - | - | - | - | - |
| 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 |
| 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 | - | - | - | - | - | - | - | - |
| Service Sales | - | - | - | - | - | $27.96M | $38.96M | $33.37M | $29.52M | $26.24M | $32.03M | $29.68M | - | - | - | - | - | - | - | - |
| Rental | - | - | - | - | - | - | $10.17M | $8.64M | $5.25M | $10.04M | $8.47M | - | - | - | - | - | - | - | - | - |
| Service Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $27.70M | $22.95M | $30.70M | $27.99M | $25.60M | $21.95M | $27.55M | $26.83M |
| 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 |
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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| FERG | Ferguson | $29.73B | $7.31B |
| WSO | Watsco | $7.28B | $2.14B |
| CNM | Core & Main | $6.70B | $1.96B |
| AIT | Applied Industrial | $4.48B | $1.15B |
| SITE | SiteOne Landscape Supply | $4.30B | $1.41B |
| MSM | MSC Industrial Direct | $4.01B | $979.35M |
| BXC | BlueLinx | $3.14B | $768.36M |
| TITN | Titan Machinery | $2.76B | $633.67M |
| DXPE | DXP Enterprises | $1.68B | $753.32M |
| DSGR | Distribution Solutions Group | $1.57B | $439.54M |
| GIC | Global Industrial Company | $1.27B | $347.80M |
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 Sales of Equipment, Sales of Parts, Service Sales, Rental Revenue, Other Revenue, and Revenue from Contracts with Customers. 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. 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.
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.