For the quarter ending 2026-03-31, TWI had -$31,617K decrease in cash & cash equivalents over the period. -$59,776K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net (loss) income | -24,250 | -55,148 | -2,459 | -3,582 |
| Depreciation and amortization | 17,073 | 17,823 | 16,794 | 32,494 |
| Restructuring and impairment expenses | 25,142 | - | - | - |
| Deferred income tax provision (benefit) | 1,212 | 33,843 | -5,264 | 2,410 |
| Income on indirect taxes | - | 0 | - | - |
| Loss on fixed asset and investment sale | -64 | 73 | 19 | -38 |
| Stock-based compensation | 565 | 1,399 | 1,399 | 479 |
| Issuance of stock under 401 plan | 419 | 426 | 425 | 827 |
| Gain from property insurance settlement | - | 0 | 0 | 0 |
| Foreign currency (gain) loss | 2,342 | -831 | -2,278 | -6,870 |
| Accounts receivable | 98,797 | -46,536 | -10,453 | 60,964 |
| Inventories | -3,438 | 4,724 | -10,775 | 13,172 |
| Prepaid and other current assets | -624 | -3,214 | 1,279 | 3,335 |
| Other assets | 4,851 | 6,684 | 2,420 | 4,800 |
| Accounts payable | 25,450 | -3,209 | -9,526 | 24,038 |
| Business acquisition, net of cash acquired | - | 0 | 0 | 0 |
| Other current liabilities | 9,162 | -21,584 | 19,694 | -7,499 |
| Proceeds from sale of investments | - | 0 | 0 | - |
| Other liabilities | 565 | 136 | 670 | 1,918 |
| Proceeds from property insurance settlement | - | 0 | 0 | 0 |
| Net cash used for operating activities | -46,526 | 12,786 | 41,521 | -24,278 |
| Investments in nonconsolidated affiliates | - | 5,675 | - | - |
| Capital expenditures | 13,250 | 17,867 | 11,632 | 25,121 |
| Other investing activities | - | -649 | - | - |
| Proceeds from sale of fixed assets | -203 | - | 44 | 275 |
| Net cash used for investing activities | -13,134 | -23,212 | -11,588 | -24,846 |
| Proceeds from borrowings | 59,247 | 41,355 | 20,664 | 54,936 |
| Repayments of debt | 32,893 | 33,482 | 28,078 | 37,956 |
| Payment of debt issuance costs | - | 0 | 0 | 0 |
| Repurchase of common stock-Nonrelated Party | - | 0 | - | - |
| Repurchase of common stock | - | - | 0 | 0 |
| Repurchase of common stock-Related Party | - | 0 | - | - |
| Other financing activities | -160 | 87 | -7 | -74 |
| Net cash provided by financing activities | 26,194 | 7,960 | -7,421 | 16,906 |
| Effect of exchange rate changes on cash | 1,849 | -36 | -1,800 | 20,913 |
| Net decrease in cash and cash equivalents | -31,617 | -2,502 | 20,712 | -11,305 |
| Cash and cash equivalents, beginning of period | 202,879 | 205,381 | 195,974 | - |
| Cash and cash equivalents, end of period | 171,262 | 202,879 | 205,381 | - |
TITAN INTERNATIONAL INC (TWI)
TITAN INTERNATIONAL INC (TWI)