Titan International Q1 revenue up 2.9% to $505M; operating loss due to plant closure charges

TITAN INTERNATIONAL INC

2026-Q1 EPS reported -$0.38 revenue$505,073,000

Revenue $505M (+2.9% YoY); gross margin 14.1% vs 14.0%.
Operating loss $13.8M includes $23M impairment and $2M restructuring from Jackson, TN plant closure.
Adjusted EBITDA $31M; Q2 sales guided $470-490M, EBITDA $25-30M; FY sales $1.85-1.95B, EBITDA $105-115M.
Earthmoving/Construction sales up 11.3% to $159.5M; Consumer down 1.6%; Ag flat.
Jackson, TN plant closure expected by end of Oct 2026; cash benefits expected in 2027.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TITAN INTERNATIONAL INC reported first quarter 2026 results: revenue $505 million.

Period: first quarter 2026
Revenue: $505 million
Result: reported results

Exact text from the filing

wheels, tires, assemblies, and undercarriage products, today reported financial results for the first quarter ended March 31, 2026. Q1 2026 Key Figures • Revenues grew 2.9% to $505 million • Gross margin improved to 14.1% • Adjusted EBITDA increased to $31 million Paul Reitz, President and Chief Executive Officer, commented, “Our Q1 2026 results were at the high

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Source: SEC EDGAR

accession 0000899751-26-000043

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