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Titan International TWI Consumer — Royalty expense

Other segment segments

Agriculture
$1.55M-4.1%
Earthmoving/Construction
$384K+10.7%

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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$456.96M-13.0%
Enterprise value$1.06B-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:RoyaltyExpense.

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
Gross profit$24,015$18,089$29,345$71,449
Selling, general and administrative expenses13,48613,05618,67345,215
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)

Item 1. Financial Statements (Unaudited)

FAQ

What is Titan International's consumer — royalty expense?
Titan International (TWI) reported consumer — royalty expense of $476K in Q1 2026.
How has Titan International's consumer — royalty expense changed year-over-year?
Titan International's consumer — royalty expense decreased by 1.2% year-over-year, from $482K to $476K.
What is the long-term trend for Titan International's consumer — royalty expense?
Over 3 years (2022 to 2025), Titan International's consumer — royalty expense has grown at a 4.7% compound annual growth rate (CAGR), from $1.99M to $2.29M.
What does consumer — royalty expense mean?
Represents the costs incurred by the consumer segment for the right to use intellectual property, patents, or trademarks owned by third parties. This metric highlights the segment's reliance on external technology or branding to support its product portfolio.

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