#United States #TWI #West Chicago #Titan International #off-highway

Titan International Inc. Reports Third Quarter Financial Results

Titan International, Inc. (NYSE: TWI), known for its expertise in manufacturing off-highway wheels, tires, assemblies, and undercarriages, has released its financial results for the third quarter ending September 30, 2025. This report highlights the company's continued growth and commitment to serving its diverse customer base.

Key Financial Highlights

In Q3 2025, Titan International achieved significant milestones:

• - Revenue Growth: The company reported a revenue increase of 4%, reaching $466 million.
• - Gross Margin Improvement: The gross margin stood at 15.2%, showcasing enhanced profitability.
• - Adjusted EBITDA: The adjusted EBITDA climbed to $30 million, underscoring a strong operational performance.
• - Free Cash Flow: Continuing its positive trend, Titan generated free cash flow of $30 million.

Paul Reitz, President and CEO, reflected on the results, stating, “Our Q3 2025 outcomes met expectations, driven by the synergy of our dedicated One Titan Team and the diverse range of our operations.” He further noted that both the Agricultural and Earthmoving Construction segments saw revenue increases compared to the previous year, alongside improved gross margins. Despite facing challenges in the Consumer segment due to tariffs affecting new equipment demand, gross margin remained intact.

Insights into Market Trends

“Looking forward to 2026, we are cautiously optimistic about factors like long-term trade agreements and tariff stability, which could become catalysts for our business,” Reitz stated. He emphasized the potential for significant grain purchasing by China, which would greatly benefit U.S. farmers.

Titan International is characterized by its unparalleled domestic production capabilities, particularly in servicing the Original Equipment (OE) and aftermarket sectors within the agricultural and construction markets. This positioning, coupled with a robust product portfolio, reinforces Titan's competitive edge.

Mr. Reitz added, “As we witness a reordering of global trade, particularly with manufacturing being reshored to the U.S., we remain poised to capture increasing demand from OEMs in the future.” The company has also seen resilience through its aftermarket sales, which provide stability against the cyclical nature of OEM demand.

Future Outlook

Next, David Martin, Chief Financial Officer, shared insights on the company's outlook, “We anticipate a slight uptick in Q4 compared to last year, forecasting sales in the range of $385 million to $410 million, with an adjusted EBITDA of approximately $10 million.” Titan is optimistic about capitalizing on seasonal volume increases as they prepare for Q1 2026.

About Titan International

Headquartered in West Chicago, Illinois, Titan International, Inc. is a leader in the manufacturing of off-highway wheels, tires, assemblies, and undercarriages. The company serves a broad range of markets including agriculture, earthmoving/construction, and consumer products. For further information, visit Titan's website.

Conclusion

Overall, Titan International continues to demonstrate resilience and adaptability in a fluctuating market. With a strong financial performance in Q3 2025 and promising outlook for following periods, Titan's commitment to quality and customer service remains at the forefront of its operational strategy.