Business
Titan International, Inc. Reports Third Quarter Financial Results
Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported financial results for the third quarter ended September 30, 2025. The full earnings release including a reconciliation of GAAP to Non-GAAP figures can be found in the investor relations section of the Company's website at https://ir.titan-intl.com/news-and-events/news-releases/default.aspx.
About this update from Titan International, Inc. (de)
[{"type":"text","content":"WEST CHICAGO, Ill., Nov. 6, 2025 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported financial results for the third quarter ended September 30, 2025. The full earnings release including a reconciliation of GAAP to Non-GAAP figures can be found in the investor relations section of the Company's website at https://ir.titan-intl.com/news-and-events/news-releases/default.aspx.","length":560,"tagName":"p"},{"type":"text","content":" Q3 2025 Key Figures ","length":19,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenues grew 4% to $466 million","length":32,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross margin improved to 15.2%","length":30,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA increased to $30 million","length":40,"tagName":"p"}]},{"val":[{"type":"text","content":"Free cash flow of $30 million","length":29,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":131,"olType":false},{"type":"text","content":"Paul Reitz, President and Chief Executive Officer, commented, "Our Q3 2025 results were at the high end of our expectations as the strength of our One Titan Team combined with the diversity of our operations to deliver solid financial performance. Our Ag and EMC segments each reported revenue growth compared with the prior year period along with expanded gross margins. We also improved gross margins in our Consumer segment despite marginally lower revenues due to tariffs continuing to have some dampening effect on new equipment demand. As our customers and end users begin looking towards 2026, more long-term trade deals, more static tariff rates and further interest rate relief stand as key catalysts for our business. We are encouraged by the latest trade negotiation developments and the potential for substantial grain purchases by China in the future, which will be significant for US farmers. It is important to remind everyone that Titan has unparalleled domestic capability with tires and wheels to serve OE and aftermarket customers in the farm and construction markets."","length":1098,"tagName":"p"},{"type":"text","content":"Mr. Reitz continued, "We continue to d...