v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2025
Jan. 31, 2025
Current Assets    
Cash $ 32,675 $ 35,898
Receivables, net of allowance for expected credit losses 127,608 119,814
Inventories, net 1,140,000 1,108,672
Prepaid expenses and other 25,999 28,244
Total current assets 1,326,282 1,292,628
Noncurrent Assets    
Property and equipment, net of accumulated depreciation 377,897 379,690
Operating lease assets 48,210 27,935
Deferred income taxes 11,492 2,552
Goodwill 63,936 61,246
Intangible assets, net of accumulated amortization 48,983 48,306
Other 1,142 1,581
Total noncurrent assets 551,660 521,310
Total Assets 1,877,942 1,813,938
Current Liabilities    
Accounts payable 41,502 37,166
Floorplan payable 852,225 755,698
Current maturities of long-term debt 11,432 10,920
Current operating lease liabilities 4,356 5,747
Deferred revenue 41,702 91,933
Accrued expenses and other 59,916 59,492
Total current liabilities 1,011,133 960,956
Long-Term Liabilities    
Long-term debt, less current maturities 153,058 157,767
Operating lease liabilities 46,082 25,588
Finance Lease, Liability, Noncurrent 44,570 44,894
Deferred Income Tax Liabilities, Net 9,322 8,818
Other long-term liabilities 3,434 1,838
Total long-term liabilities 256,466 238,905
Commitments and Contingencies
Stockholders' Equity    
Common stock, par value $.00001 per share, 45,000,000 shares authorized; 23,373,234 shares issued and outstanding at July 31, 2025; 23,124,768 shares issued and outstanding at January 31, 2025 0 0
Additional paid-in-capital 264,395 262,097
Retained earnings 341,110 360,314
Accumulated other comprehensive income (loss) 4,838 (8,334)
Total Titan Machinery Inc. stockholders' equity 610,343 614,077
Total Liabilities and Stockholders' Equity $ 1,877,942 $ 1,813,938