Filing Flows › Titan International (TWI) › Q1 2026
Titan International (TWI) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Titan International (TWI) reported revenue of $505M for the first quarter 2026 (Q1 2026), +3% from a year earlier and +23% from the quarter before. Operating margin was -2.7%, net loss $24.2M (4.8% of revenue).
Titan International, Q1 2026: revenue $505M (+3% year over year), operating margin -2.7%, net loss $24.2M, operating cash flow −$46.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $505M | +23% | +3% |
| Operating profit | −$13.8M | — | -217% |
| Net earnings | −$24.2M | — | -110327% |
| Operating cash flow | −$46.5M | -464% | — |
What changed
Revenue was $505.1M in Q1 2026, up 3% year over year and up 23% from the previous quarter.
Gross margin was 14.1%, up 0.2 points from Q1 2025. Operating costs exceeded revenue by $13.8M, an operating margin of -2.7%. Operating expenses grew 50% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+1026%). The quarter ended with a net loss of $24.2M, narrower than the previous quarter's $55.1M loss.
Operating cash flow was −$46.5M. Non-cash charges added back $17.1M of depreciation and amortization and $565K of share-based compensation. Working capital and other items used $39.9M. Capital expenditures of $13.2M exceeded it, leaving free cash flow of −$59.8M.
Questions
What was Titan International's revenue in the first quarter 2026?
Titan International (TWI) reported revenue of $505M for the first quarter 2026 (Q1 2026), +3% from a year earlier and +23% from the quarter before.
Was Titan International profitable in the first quarter 2026?
Operating loss was $13.8M (-2.7% of revenue) and net loss $24.2M.