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Titan International TWI Agriculture — Operating Income (Loss)

Other segment segments

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

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Other financials

Income statement

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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$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 itemAgricultureEarthmoving/ConstructionConsumerTotal
Research and development expenses1,4862,2591,0064,751
Royalty expense1,5503844762,410
Restructuring and impairment expenses25,14225,142
Segment profit (loss)$7,493$2,390$(15,952)$(6,069)
Corporate & unallocated expenses(7,716)
Interest expense(9,887)
Interest income2,199
Foreign exchange gain910

Item 1. Financial Statements (Unaudited)

FAQ

What is Titan International's agriculture — operating income (loss)?
Titan International (TWI) reported agriculture — operating income (loss) of $7.49M in Q1 2026.
How has Titan International's agriculture — operating income (loss) changed year-over-year?
Titan International's agriculture — operating income (loss) decreased by 20.6% year-over-year, from $9.44M to $7.49M.
What is the long-term trend for Titan International's agriculture — operating income (loss)?
Over 4 years (2021 to 2025), Titan International's agriculture — operating income (loss) has grown at a -22.2% compound annual growth rate (CAGR), from $77.67M to $28.4M.
What does agriculture — operating income (loss) mean?
Measures the profit or loss generated by the Agriculture segment after accounting for all operating expenses, including production, administrative, and R&D costs. It is the key metric for evaluating the operational health and profitability of the segment.

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