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Titan International (TWI) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 26, 2026

Titan International (TWI) reported revenue of $410M for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and -12% from the quarter before. Operating margin was -2.7%, net loss $55.1M (13.4% of revenue).

Revenue$410M
Year over year+7%
Quarter over quarter-12%
Operating margin-2.7%
Net earnings−$55.1M

Titan International, Q4 2025: revenue $410M (+7% year over year), operating margin -2.7%, net loss $55.1M, operating cash flow $12.8M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$410M-12%+7%
Operating profit−$10.9M-212%—
Net earnings−$55.1M——
Operating cash flow$12.8M-69%+46%

What changed

Revenue was $410.4M in Q4 2025, up 7% year over year and down 12% from the previous quarter.

Gross margin was 10.9%, up 0.1 points from a year earlier. Operating costs exceeded revenue by $10.9M, an operating margin of -2.7%. Operating expenses fell 4% while revenue rose 7%. The fastest-growing cost line was Other operating costs (+12%). The quarter ended with a net loss of $55.1M, wider than the previous quarter's $2.5M loss.

Operating cash flow was $12.8M (up 46% year over year). Non-cash charges added back $17.8M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $48.7M. Capital expenditures of $17.9M exceeded it, leaving free cash flow of −$5.1M.

Questions

What was Titan International's revenue in the fourth quarter 2025?

Titan International (TWI) reported revenue of $410M for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and -12% from the quarter before.

Was Titan International profitable in the fourth quarter 2025?

Operating loss was $10.9M (-2.7% of revenue) and net loss $55.1M.

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Source: Titan International 10-K on SEC EDGAR.