TITAN INTERNATIONAL INC (TWI) Form 10-Q — Apr 29, 2026
Titan International reported a net loss of $24.3 million for the first quarter of 2026, swinging from a small profit in the prior year period. The decline was primarily driven by $25.1 million in restructuring and impairment charges, including $23.5 million related to the impairment of a building and equipment at its Jackson, Tennessee facility, which is slated for closure in October 2026. Net sales increased 2.9% year-over-year to $505.1 million, aided by favorable foreign currency translation and pricing, though this was partially offset by lower volumes in the Agricultural and Consumer segments.
Key figures
- Revenue Yoy
- 2.9%
- Impairment Charges
- 23500000
- Shares Outstanding
- 64371960
Price after filing
Close on the filing date to close N calendar days later (from $7.99). Historical, not a forecast.
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