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Titan International TWI Earthmoving/Construction — Gross Profit

Other segment segments

Consumer
$29.35M+0.3%
Agriculture
$24.02M-1.9%

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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:GrossProfit.

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
Net sales$198,345$159,514$147,214$505,073
Cost of sales174,330141,425117,869433,624
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)

Item 1. Financial Statements (Unaudited)

FAQ

What is Titan International's earthmoving/construction — gross profit?
Titan International (TWI) reported earthmoving/construction — gross profit of $18.09M in Q1 2026.
How has Titan International's earthmoving/construction — gross profit changed year-over-year?
Titan International's earthmoving/construction — gross profit increased by 21.5% year-over-year, from $14.89M to $18.09M.
What is the long-term trend for Titan International's earthmoving/construction — gross profit?
Over 4 years (2021 to 2025), Titan International's earthmoving/construction — gross profit has grown at a -7.8% compound annual growth rate (CAGR), from $83.71M to $60.57M.
What does earthmoving/construction — gross profit mean?
Calculated as net sales minus the cost of sales for the Earthmoving and Construction segment. This metric measures the fundamental profitability of the segment's production and sales activities before accounting for operating expenses. It provides insight into the pricing power and manufacturing cost control of the business unit.

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