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Titan International TWI Agriculture — Royalty expense

Other segment segments

Consumer
$476K-1.2%
Earthmoving/Construction
$384K+10.7%

Similar metrics at other companies

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ROADRoyalty expense
$800K0.0%
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CLVTAcademia & Government Group — Royalty And Other Product Expense
$45.1M-18.1%
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TITNAgriculture Segment — Interest Expense, Deposits
$3.76M-29.6%
HTF
HTFLRoyalty Expense
$568K+37.2%
HTF
HTFLRoyalty expense
$568K+37.2%
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TITNAgricultural Segment — Operating Expenses
$57.47M-3.5%

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:RoyaltyExpense.

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 — royalty expense?
Titan International (TWI) reported agriculture — royalty expense of $1.55M in Q1 2026.
How has Titan International's agriculture — royalty expense changed year-over-year?
Titan International's agriculture — royalty expense decreased by 4.1% year-over-year, from $1.62M to $1.55M.
What is the long-term trend for Titan International's agriculture — royalty expense?
Over 3 years (2022 to 2025), Titan International's agriculture — royalty expense has grown at a -5.9% compound annual growth rate (CAGR), from $8.21M to $6.83M.
What does agriculture — royalty expense mean?
Represents the costs incurred by the Agriculture segment for the use of intellectual property, patents, or licensed technologies owned by third parties. This metric highlights the segment's reliance on external technology to support its product portfolio.