What is Titan International's income tax?

Titan International (TWI) reported income tax of $4.63M in Q1 2026.

How has Titan International's income tax changed year-over-year?

Titan International's income tax increased by 9.5% year-over-year, from $4.23M to $4.63M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Titan International TWI Income Tax

Income Tax at other companies

CaterpillarCAT

$670M+16.7%

Deere & CompanyDE

$518M-3.9%

AGCOAGCO

$4.6M+130%

Wabash NationalWNC

-$13.02M-117%

Titan MachineryTITN

$141K+103%

Goodyear Tire & Rubber CompanyGT

$66M+408%

Other financials

Income statement

See full

Revenue$505.1M+2.9%

Gross profit$71.4M+4.1%

Operating income-$13.8M-217%

Net income-$24.2M-3,631%

EPS (diluted)-$0.38-3,700%

Balance sheet

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Cash & equivalents$171.3M-1.8%

Total debt$772.8M+7.1%

Total equity$494.9M-7.4%

Total assets$1.7B-0.4%

Cash flow

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Operating cash flow-$46.5M-20.6%

CapEx$13.3M-11.8%

Free cash flow-$59.8M-11.5%

Valuation

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Market cap$508.54M-13.3%

Enterprise value$1.11B-2.1%

P/S0.3×0.0×

Profitability

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Gross margin13.9%+0.5pp

Operating margin3.8%-4.9pp

Net margin-4.7%—

FCF margin2.2%-3.0pp

Returns & leverage

See full

Return on equity-16.9%—

Debt / equity1.6×+0.2×

Current ratio2.2×-0.1×

Where this comes from

Reported directly by Titan International in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Titan International’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Titan International's income tax?: Titan International (TWI) reported income tax of $4.63M in Q1 2026.
How has Titan International's income tax changed year-over-year?: Titan International's income tax increased by 9.5% year-over-year, from $4.23M to $4.63M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.