Titan International ( (TWI) ) has released its Q2 earnings. Here is a breakdown of the information Titan International presented to its investors.
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Titan International, Inc. is a prominent global manufacturer specializing in off-highway wheels, tires, assemblies, and undercarriage products, serving the agricultural, earthmoving/construction, and consumer markets from its headquarters in West Chicago, Illinois.
In its second quarter financial report for 2025, Titan International announced revenues of $461 million, a gross margin of 15%, and an adjusted EBITDA of $30 million. Despite facing challenges such as higher interest rates and tariff uncertainties, the company managed to achieve positive free cash flow of $4 million.
The company experienced a decline in net sales, which fell to $460.8 million from $532.2 million in the same period of 2024, primarily due to reduced sales volumes in the agricultural and construction equipment sectors. The agricultural segment saw a 10.7% decrease in net sales, while the earthmoving/construction segment experienced an 8.0% decline. The consumer segment also faced a significant drop of 23.3% in net sales, largely attributed to tariff impacts and lower demand.
Looking ahead, Titan International’s management remains optimistic about the future, expecting third-quarter sales to range between $450 million and $475 million, with adjusted EBITDA projected between $25 million and $30 million. The company is confident in its strategic initiatives and anticipates improved financial results as market conditions stabilize and demand rebounds.