TWI News & Events

Reports Q1 revenue $505.07M, consensus $497.24M. Paul Reitz, President and Chief Executive Officer, commented, "Our Q1 2026 results were at the high end of our expectations as our team executed well against a macro backdrop that continued to be very dynamic. EMC was our best-performing segment, with growth over 11% versus the prior year period. Gross margin in the segment improved 90 basis points to 11.3% as top-line growth allowed for improved fixed cost leverage. Our Ag segment also recorded modest growth while Consumer fell by only 1.6%. Notwithstanding the geopolitical and tariff volatility, we had a strong quarter with revenues up nearly 3% with increased gross margin and Adjusted EBITDA."

Sees Q2 adjusted EBITDA $25M-$30M. Tony Eheli, CFO added, "We currently expect second quarter sales to be between $470 million and $490 million with Adjusted EBITDA between $25 million and $30 million. We are also maintaining our previously communicated full year guidance of sales between $1.85 and $1.95 billion with Adjusted EBITDA between $105 million and $115 million."

Backs FY26 adjusted EBITDA view $105M-$115M. Tony Eheli, CFO added, "We currently expect second quarter sales to be between $470 million and $490 million with Adjusted EBITDA between $25 million and $30 million. We are also maintaining our previously communicated full year guidance of sales between $1.85 and $1.95 billion with Adjusted EBITDA between $105 million and $115 million."

Aptiv (APTV) is spinning off Versigent (VGNT) in a transaction expected to be completed April 1. Post spin-off, Aptiv will remain in the S&P 500. Titan International's (TWI) market capitalization is no longer representative of the small cap market space.