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Titan International TWI Agriculture — Research and development expenses

Other segment segments

Earthmoving/Construction
$2.26M+22.2%
Consumer
$1.01M+13.3%

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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$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

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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:ResearchAndDevelopmentExpense.

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 agriculture — research and development expenses?
Titan International (TWI) reported agriculture — research and development expenses of $1.49M in Q1 2026.
How has Titan International's agriculture — research and development expenses changed year-over-year?
Titan International's agriculture — research and development expenses increased by 9.7% year-over-year, from $1.35M to $1.49M.
What is the long-term trend for Titan International's agriculture — research and development expenses?
Over 3 years (2022 to 2025), Titan International's agriculture — research and development expenses has grown at a 18.7% compound annual growth rate (CAGR), from $3.32M to $5.55M.
What does agriculture — research and development expenses mean?
Reflects the investments made by the Agriculture segment into innovation, new product development, and technological improvements. High spending in this area indicates a commitment to long-term competitiveness and future market growth.