Filing Flows › Titan International (TWI) › Q2 2026
Titan International (TWI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Titan International (TWI) reported revenue of $485M for the second quarter 2026 (Q2 2026), +5% from a year earlier and -4% from the quarter before. Operating margin was 2.7%, net earnings $5.8M (1.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $485M | -4% | +5% |
| Gross profit | $74.9M | +5% | +8% |
| Operating profit | $13.3M | — | +31% |
| Net earnings | $5.8M | — | — |
| Operating cash flow | $39.1M | — | +174% |
| Free cash flow | $26.4M | — | +526% |
What changed
Revenue was $484.8M in Q2 2026, up 5% year over year and down 4% from the previous quarter.
Gross margin was 15.5%, up 0.4 points from Q2 2025. Operating profit was $13.3M, a 2.7% margin (up 0.5 points year over year). Of the extra revenue versus Q2 2025, 13% reached operating profit, above the 2% margin then. Operating expenses grew 4% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+44%). Net earnings were $5.8M. The effective tax rate was -0.1%.
Operating cash flow was $39.1M (up 174% year over year), 617% of net income including minority interests. Non-cash charges added back $17.2M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $14.4M. After capital expenditures ($12.8M), free cash flow as the company reports it was $26.4M.
Questions
What was Titan International's revenue in the second quarter 2026?
Titan International (TWI) reported revenue of $485M for the second quarter 2026 (Q2 2026), +5% from a year earlier and -4% from the quarter before.
Was Titan International profitable in the second quarter 2026?
Operating profit was $13.3M (2.7% of revenue) and net earnings $5.8M.