Titan Q2 revenue $461M, adjusted EBITDA $30M; guides Q3 sales $450-475M

TITAN INTERNATIONAL INC

2025-Q2 EPS reported -$0.08 revenue$951,538,000

Revenue $460.8M (-13.4% YoY); gross margin 15.0% vs 15.1%; income from ops $10.2M (down from $22.3M).
Agricultural segment sales $193.2M (-10.7% YoY) on lower farm demand and OEM inventory cuts.
Earthmoving/construction sales $152.3M (-8.0% YoY); consumer segment sales $115.3M (-23.3% YoY) hit by tariffs.
Q3 2025 outlook: revenue $450-475M, adjusted EBITDA $25-30M, both up vs Q3 2024.
Free cash flow positive at $4M; management cites tariff uncertainty and high interest rates as headwinds.

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