TITAN INTERNATIONAL INC
For the period ended Oct 29, 2026. Filed Oct 29, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Oct 29, 2026 · Filed Oct 29, 2026
Contents
EX-99 · Consumer Segment
Consumer Segment
| (Amounts in thousands, except percentages) · Three months ended · Nine months ended | ||||||
|---|---|---|---|---|---|---|
| September 30, | September 30, | |||||
| 2026 | 2025 | % Change | 2026 | 2025 | % Change | |
| Net sales | $120,900 | $125,008 | (3.3)% | $397,148 | $374,744 | 6.0% |
| Gross profit | 33,355 | 29,314 | 13.8% | 93,742 | 79,566 | 17.8% |
| Profit margin | 27.6% | 23.4% | 17.9% | 23.6% | 21.2% | 11.3% |
| Income from operations | 13,282 | 7,726 | 71.9% | 6,904 | 17,152 | (59.7)% |
Consumer segment net sales were $120.9 million for the three months ended September 30, 2026, as compared to $125.0 million in the 2025 period. The change was primarily driven by lower sales volumes in the Titan Specialty business, reflecting lower customer demand compared to the prior year period. The prior year period benefited from a shift in customer order timing from the second quarter to the third quarter resulting from tariff policies in effect at that time.
Gross profit from the consumer segment was $33.4 million for the three months ended September 30, 2026, as compared to $29.3 million in the 2025 period. The increase was primarily driven by $3.5 million of net tariff refund recoveries, which were recorded as a reduction of cost of goods sold.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.