Highest-materiality recent filing
Titan International Q1 revenue up 2.9% to $505M; operating loss due to plant closure charges
Revenue $505M (+2.9% YoY); gross margin 14.1% vs 14.0%.
Titan reports Q4 revenue up 7% to $410M; guides FY2026 revenue $1.85-1.95B
Q4 net sales $410.4M vs $383.6M YoY; gross margin 10.9% vs 10.7%.
Titan International board member Kim Marvin resigns; seat not replaced
Kim Marvin resigned from the Board effective Feb 9, 2026, citing time constraints and other commitments.
Titan appoints new CFO and new Chief Transformation Officer, promotes CAO
David Martin becomes SVP & CTO; salary unchanged at $436,000.
Titan Q3 rev $466M (+4%), adj EBITDA $30M; Q4 guide: sales $385-410M, EBITDA ~$10M
Revenue $466M (+4% YoY); gross margin 15.2% vs 13.1%; income from operations $9.7M vs $2.8M.
Titan International files transcript of Q2 2025 earnings call; results reported separately
Company held Q2 2025 earnings conference call on July 31, 2025, with CEO Paul Reitz and CFO David Martin.
Titan Q2 revenue $461M, adjusted EBITDA $30M; guides Q3 sales $450-475M
Revenue $460.8M (-13.4% YoY); gross margin 15.0% vs 15.1%; income from ops $10.2M (down from $22.3M).
Titan International annual meeting elects directors; Max Guinn receives 27% withhold votes
All 8 director nominees elected; Max A. Guinn received 13.3M withheld (27% of votes cast excluding broker non-votes).
Titan Q1 revenue $490.7M, operating income $11.8M vs. $25.1M YoY; guides Q2 similar
Q1 revenue $490.7M (up from $482.2M), operating income $11.8M (down from $25.1M); Adjusted EBITDA $31M.
Titan Q4 loss from operations $17M; Ag sales down 18.4% YoY
Q4 net sales $383.6M (down 1.7% YoY); gross margin 10.7% vs 14.9% last year.
Titan International enters global supply agreement with Deere & Company through Oct 2027
Global Long-Term Agreement effective Nov 1, 2024 to Oct 30, 2027, covering wheels and tires from Titan's North and South America plants.
Titan International files pro forma financials for Carlstar acquisition
Total purchase price of Carlstar: $296.2M ($127.5M cash + $168.7M in 11.9M shares of TWI).
Titan Q3 sales up 12% to $448M on Carlstar; op income drops to $2.8M; Q4 adj. EBITDA guidance $0-10M
Net sales $448M vs $401.8M YoY (+12%); Ag segment down 18%, Earthmover down 12%, Consumer up 303% on Carlstar.
Titan International repurchases 8M shares (11% outstanding) from MHR Funds for $57.6M
Purchased 8,005,000 shares at $7.20 each for aggregate $57,636,000; shares added to treasury.
Titan Q2 net sales $532M (+11% YoY), adj EPS $0.10, guides Q3 rev $450-500M
Net sales $532.2M (up 11% YoY) driven by Carlstar acquisition; Ag segment fell 20%, Consumer tripled.
Michael G. Troyanovich, Secretary and General Counsel, retires effective Dec 31, 2024.
All eight director nominees elected; Max A. Guinn received 34.6M for (56.9%) vs 26.2M withheld.
Titan International files Carlstar audited FY23 financials: $615M revenue, $74M net income
Carlstar (acquired by Titan) reported net revenues of $615.2M and net income of $73.9M for FY2023.
Titan Q1 revenue $482M, adj. EPS $0.29; Q2 guidance $525-575M; Carlstar integration on track
Q1 net sales $482.2M down 12% YoY; gross profit $77.4M (16.0%); adjusted gross margin 16.7% (excl. $3.4M inventory step-up).
Michael G. Troyanovich, Secretary and General Counsel of Titan International, Inc. ("Company"), has informed the Company that he would be retiring from the Company.
Max materiality 0.80 · Median 0.65 · Most common event earnings