Filing Flows › Titan International (TWI) › Q2 2026 › vs Q1 2026
Titan International (TWI) Q2 2026 vs Q1 2026 (quarter over quarter)
Titan International's revenue fell $20.3M (-4%) from $505M in Q1 2026 to $485M in Q2 2026. Gross margin 15.5% against 14.1% (+1.3 pts).
Titan International, Q2 2026: revenue $485M (+5% year over year), operating margin 2.7%, net earnings $5.8M, operating cash flow $39.1M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 15.5% | 14.1% | +1.3 pts |
| Operating margin | 2.7% | -2.7% | +5.5 pts |
| Net margin | 1.2% | -4.8% | +6.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $485M | $505M | −$20.3M | -4% |
| Gross profit | $74.9M | $71.4M | $3.5M | +5% |
| Cost of revenue | $410M | $434M | −$23.8M | -5% |
| Operating profit | $13.3M | −$13.8M | $27.1M | — |
| Operating expenses | $61.6M | $85.2M | −$23.6M | -28% |
| Pre-tax earnings | $6.3M | −$19.6M | $26.0M | — |
| Other expense, net | $7.0M | $5.8M | $1.1M | +20% |
| Research & development | $5.4M | $5.3M | $117K | +2% |
| SG&A | $52.7M | $52.4M | $324K | +0.6% |
| Other operating costs | $3.5M | $27.6M | −$24.1M | -87% |
| Income tax benefit | $4K | −$4.6M | $4.6M | — |
| Net earnings | $5.8M | −$24.2M | $30.0M | — |
| Minority interests | $576K | −$36K | $612K | — |
| Depreciation & amortization | $17.2M | $17.1M | $147K | +0.9% |
| Share-based compensation | $1.2M | $565K | $656K | +116% |
| Working capital & other | $14.9M | −$40.0M | $54.9M | — |
| Operating cash flow | $39.1M | −$46.5M | $85.7M | — |
Questions
How much did Titan International's revenue grow quarter over quarter in Q2 2026?
Titan International's revenue fell $20.3M (-4%) from $505M in Q1 2026 to $485M in Q2 2026. Gross margin 15.5% against 14.1% (+1.3 pts).