Filing Flows › Titan International (TWI) › Q2 2025
Titan International (TWI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Titan International (TWI) reported revenue of $461M for the second quarter 2025 (Q2 2025), -13% from a year earlier and -6% from the quarter before. Operating margin was 2.2%, net loss $3.6M (0.8% of revenue).
Titan International, Q2 2025: revenue $461M (-13% year over year), operating margin 2.2%, net loss $3.6M, operating cash flow $14.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $461M | -6% | -13% |
| Operating profit | $10.2M | -14% | — |
| Net earnings | −$3.6M | -16482% | — |
| Operating cash flow | $14.3M | — | -80% |
| Free cash flow | $4.2M | — | -92% |
What changed
Revenue was $460.8M in Q2 2025, down 13% year over year and down 6% from the previous quarter.
Gross margin was 15.0%, down 0.1 points from a year earlier. Operating profit was $10.2M, a 2.2% margin (down 2.0 points year over year). Operating expenses grew 2% against a revenue fall of 13%. The quarter ended with a net loss of $3.6M, after a profit of $22K the previous quarter. Net interest and other expense of $9.1M was the main reason.
Operating cash flow was $14.3M (down 80% year over year). Non-cash charges added back $16.6M of depreciation and amortization and $1.4M of share-based compensation. After capital expenditures ($10.1M), free cash flow as the company reports it was $4.2M.
Questions
What was Titan International's revenue in the second quarter 2025?
Titan International (TWI) reported revenue of $461M for the second quarter 2025 (Q2 2025), -13% from a year earlier and -6% from the quarter before.
Was Titan International profitable in the second quarter 2025?
Operating profit was $10.2M (2.2% of revenue) and net loss $3.6M.