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Titan International TWI Work in process

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Other financials

Income statement

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

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

Operating cash flow-$46.5M-20.6%

CapEx$13.3M-11.8%

Free cash flow-$59.8M-11.5%

Valuation

Market cap$508.54M-13.3%

Enterprise value$1.11B-2.1%

P/S0.3×0.0×

Profitability

Gross margin13.9%+0.5pp

Operating margin3.8%-4.9pp

Net margin-4.7%—

FCF margin2.2%-3.0pp

Returns & leverage

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:InventoryWorkInProcessNetOfReserves.

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 work in process?: Titan International (TWI) reported work in process of $48.32M in Q1 2026.
How has Titan International's work in process changed year-over-year?: Titan International's work in process increased by 6.4% year-over-year, from $45.43M to $48.32M.
What is the long-term trend for Titan International's work in process?: Over 2 years (2023 to 2025), Titan International's work in process has grown at a 3.3% compound annual growth rate (CAGR), from $39.92M to $42.59M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.