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Titan International (TWI) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 29, 2026

Titan International (TWI) reported revenue of $335M for the third quarter 2026 (Q3 2026), -6% from a year earlier and -31% from the quarter before. Operating margin was -0.3%, net loss $42.5M (12.7% of revenue).

Revenue$335M
Year over year-6%
Quarter over quarter-31%
Operating margin-0.3%
Net earnings−$42.5M

Titan International, Q3 2026: revenue $335M (-6% year over year), operating margin -0.3%, net loss $42.5M, operating cash flow $17.1M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$335M-31%-6%
Operating profit−$971K-107%-110%
Net earnings−$42.5M-836%—
Operating cash flow$17.1M-56%-59%

What changed

Revenue was $335.2M in Q3 2026, down 6% year over year and down 31% from the previous quarter.

Gross margin was 14.7%, down 1.0 points from Q3 2025. Operating costs exceeded revenue by $1.0M, an operating margin of -0.3%. Operating expenses fell 4% while revenue fell 6%. The fastest-growing cost line was Other operating costs (+20%). The quarter ended with a net loss of $42.5M, after a profit of $6.3M the previous quarter. Net interest and other expense of $41.3M was the main reason.

Operating cash flow was $17.1M (down 59% year over year). Non-cash charges added back $6.3M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $52.0M. Capital expenditures of −$773K left free cash flow of $17.9M.

Questions

What was Titan International's revenue in the third quarter 2026?

Titan International (TWI) reported revenue of $335M for the third quarter 2026 (Q3 2026), -6% from a year earlier and -31% from the quarter before.

Was Titan International profitable in the third quarter 2026?

Operating loss was $971K (-0.3% of revenue) and net loss $42.5M.

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Source: Titan International 10-Q on SEC EDGAR.