Paul Reitz
President and CEO
Replay available
Titan International, Inc. (DE) (TWI) Q2 2026 Earnings Call
Titan International, Inc. (DE) (NYSE: TWI) Q2 2026 earnings conference call, held 2026-07-30. Replay captured from the company's public earnings webcast.
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David Martin
Chief Transformation Officer
Mike Chalisky
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Joe Gomez
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Kirk Liedtke
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Derek Soderbergh
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Steve Ferenzani
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Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Titan International, Inc. (de).
Replay transcript excerpt
WEBVTT 00:00:00.051 -- 00:00:04.914 Thanks and good morning. Our second quarter results reflect solid improvement from prior 00:00:04.914 -- 00:00:06.914 year. 00:00:27.257 -- 00:00:32.380 with revenues of $485 million and adjusted EBITDA of $34. 00:00:32.380 -- 00:00:35.382 Our diverse business model is an important part of Titan's ability. 00:00:35.382 -- 00:00:40.505 We talk about that frequently. It enables us to continue succeeding despite continuing 00:00:40.505 -- 00:00:43.947 difficult end-market conditions in the ag segment. 00:00:43.947 -- 00:00:48.890 Our one-stop shop product and distribution strategy, which is well executed by our experienced 00:00:48.890 -- 00:00:53.443 team, places our customers at the center of everything we do. 00:00:53.443 -- 00:00:58.466 It is really a key element of this business model that is diverse, that allows 00:00:58.466 -- 00:01:04.789 us to continue driving success through a range of different and challenging market conditions. 00:01:04.789 -- 00:01:08.091 In our earnings release, we highlighted the fact that each of our three reporting segments 00:01:08.091 -- 00:01:12.273 accounted for between 30% and 40% of revenues in the quarter. 00:01:12.273 -- 00:01:17.056 Within each segment, we also have further diversification, whether it be geographical, 00:01:17.056 -- 00:01:20.358 product, or end user profile. 00:01:20.358 -- 00:01:25.413 Now diving into our ag business, Farm incomes continue to be pressured with lower 00:01:25.413 -- 00:01:31.437 commodity prices and input costs such as fertilizer due to the ongoing conflict in Iran 00:01:31.437 -- 00:01:34.459 and along with that borrowing costs remain elevated. 00:01:34.459 -- 00:01:39.522 Those factors are weighing on OEM activity as farmers are hesitant to invest large 00...