Titan reports Q4 revenue up 7% to $410M; guides FY2026 revenue $1.85-1.95B

TITAN INTERNATIONAL INC

2025-FY EPS reported -$1.00 revenue$1,828,443,000

Q4 net sales $410.4M vs $383.6M YoY; gross margin 10.9% vs 10.7%.
Adjusted EBITDA Q4 $11M, up 18% YoY; guidance Q1 2026 Adjusted EBITDA $28-33M.
Earthmoving/Construction segment revenue +21% to $140.7M; gross margin expanded 3.4ppts to 9.3%.
Full-year 2026 revenue expected $1.85-1.95B, Adjusted EBITDA $105-115M.
Non-cash deferred tax valuation allowance of $40M recorded in Q4; full-year tax expense $49.9M.

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