---
schema_version: "secwatch.filing_event.v1"
accession: "0000899751-23-000077"
form_type: "8-K"
ticker: "TWI"
cik: "0000899751"
company_name: "TITAN INTERNATIONAL INC"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:49:30.725943+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Titan Q3 revenue down 24% to $402M; EPS $0.31, adjusted $0.29

## Summary
- Net sales $401.8M vs $530.7M in Q3 2022; gross margin stable at 16.4%.
- Ag segment sales fell 26.4% on OEM destocking; Earthmoving/Construction down 22.4%.
- Generated free cash flow $37M; used $4M for debt paydown and repurchased 1M shares at $12.31 avg.
- Full year 2023 outlook maintained: revenue $1.85-1.9B, adjusted EBITDA $200-210M.
- Cash position $212M; $50M repurchase program with $19M utilized as of quarter-end.

## SEC filing metadata
- accession: 0000899751-23-000077
- form_type: 8-K
- ticker: TWI
- cik: 0000899751
- company_name: TITAN INTERNATIONAL INC
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/899751/000089975123000077/0000899751-23-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899751/000089975123000077/twi-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000899751-23-000077
- JSON: https://secwatch.observer/filing/0000899751-23-000077.json
- Plain text: https://secwatch.observer/filing/0000899751-23-000077.txt

## Key facts
- Earnings Releases
  TITAN INTERNATIONAL INC reported the third quarter ended September 30, 2023 results: EPS EPS of $0.31, adjusted EPS of $0.29. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2023
  - EPS: EPS of $0.31, adjusted EPS of $0.29
  - Guidance: reaffirmed
  - Result: reported results
  source text: Titan International, Inc. Reports Third Quarter Financial Performance
  evidence_url: https://www.sec.gov/Archives/edgar/data/899751/000089975123000077/0000899751-23-000077-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.