Titan International 1Q 2026: Revenue $505.07M, EPS ($0.38) — 10-Q Summary
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Titan International reported Q1 2026 results with revenue of $505.07M, a 2.9% increase year-over-year, but a net loss of $24.21M, or ($0.38) per share. Revenue growth was driven by favorable pricing and foreign-exchange translation, despite lower volumes. Earthmoving and construction sales rose 11.3%, while agricultural sales remained stable. The company announced a consolidation in North America, closing the Jackson, TN plant, resulting in $25.1M in restructuring charges. Gross margin improved to 14.1% due to cost reduction initiatives.
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