TITAN INTERNATIONAL INC
For the period ended Feb 26, 2026. Filed Feb 26, 2026.
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Feb 26, 2026 · Filed Feb 26, 2026
Contents
EX-99 · Consumer Segment
Consumer Segment
| (Amounts in thousands) · Three months ended · Twelve months ended | ||||||
|---|---|---|---|---|---|---|
| December 31, | December 31, | |||||
| 2025 | 2024 | % Increase/(Decrease) | 2025 | 2024 | % Increase/(Decrease) | |
| Net sales | $108,469 | $110,129 | (1.5)% | $505,762 | $473,966 | 6.7% |
| Gross profit | $16,906 | $19,944 | (15.2)% | $100,165 | $90,990 | 10.1% |
| Profit margin | 15.6% | 18.1% | (13.8)% | 19.8% | 19.2% | 3.1% |
| (Loss) income from operations | $(1,967) | $(2,367) | 16.9% | $19,106 | $20,477 | (6.7)% |
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Net sales in the consumer segment were $108.5 million for the three months ended December 31, 2025, as compared to $110.1 million for the comparable period in 2024. This change was primarily driven by decreased sales outside of the Titan Specialty businesses.
Gross profit from the consumer segment was $16.9 million for the three months ending December 31, 2025, or 15.6% of net sales, as compared to $19.9 million, or 18.1% of net sales, for the comparable period in 2024. Gross profit and margin were lower primarily due to product mix and lower fixed cost leverage in certain production areas.
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