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Titan International TWI Operating Income

Operating Income at other companies

Caterpillar logo
CaterpillarCAT
$4.3B+50.2%
AGCO logo
AGCOAGCO
$140.7M-14.2%
Titan Machinery logo
Titan MachineryTITN
-$5.6M+2.3%
Wabash National logo
Wabash NationalWNC
-$25.3M-432%
TTC
Toro CompanyTTC
$195M+11.6%
Monro, Inc. logo
Monro, Inc.MNRO
$3.7M+161%

Segments

By segment

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Consumer-$15.95M-281%
Corporate & Unallocated-$7.72M+5.0%
Agriculture$7.49M-20.6%
Earthmoving/Construction$2.39M+42.6%

Other financials

Income statement

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Revenue$505.1M+2.9%
Gross profit$71.4M+4.1%
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$475.03M-13.0%
Enterprise value$1.08B-1.8%
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

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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:OperatingIncomeLoss.

The source filing: Titan International’s 10-Q, filed April 30, 2026.

Filed
Apr 29, 2026, 6:18 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000899751-26-000041
Line itemThree months ended / March 31, 20262025
Research and development expenses5,2844,544
Royalty expense2,4102,446
Restructuring and impairment expenses25,142
(Loss) income from operations(13,785)11,799
Interest expense(9,887)(9,535)
Interest income2,1992,239
Foreign exchange gain (loss)910(1,385)
Other income9461,134

Item 1. Financial Statements (Unaudited)

FAQ

What is Titan International's operating income?
Titan International (TWI) reported operating income of -$13.79M in Q1 2026.
How has Titan International's operating income changed year-over-year?
Titan International's operating income decreased by 216.8% year-over-year, from $11.8M to -$13.79M.
What is the long-term trend for Titan International's operating income?
Over 2 years (2021 to 2023), Titan International's operating income has grown at a 32.1% compound annual growth rate (CAGR), from $85.18M to $148.73M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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