For the quarter ending 2025-09-30, TWI made $466,466,000 in revenue. -$2,262,000 in net income. Net profit margin of -0.48%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net sales | 466,466,000 | 460,830,000 | 490,708,000 | 432,891,000 |
| Cost of sales | 395,595,000 | 391,557,000 | 422,064,000 | 373,613,500 |
| Gross profit | 70,871,000 | 69,273,000 | 68,644,000 | 59,277,500 |
| Selling, general, and administrative expenses | 53,132,000 | 52,353,000 | 49,855,000 | 45,339,000 |
| Acquisition related expenses | 0 | 0 | - | 1,032,666.667 |
| Research and development expenses | 4,550,000 | 4,341,000 | 4,544,000 | 4,051,500 |
| Royalty expense | 3,445,000 | 2,419,000 | 2,446,000 | 2,761,500 |
| Income from operations | 9,744,000 | 10,160,000 | 11,799,000 | 4,027,500 |
| Interest expense | 9,727,000 | 9,673,000 | 9,535,000 | 9,422,666.667 |
| Interest income | 3,032,000 | 2,455,000 | 2,239,000 | 2,653,333.333 |
| Foreign exchange loss | -2,009,000 | -2,995,000 | -1,385,000 | -2,030,000 |
| Other (loss) income | -2,433,000 | 1,140,000 | 1,134,000 | 1,481,500 |
| (loss) income before income taxes | -1,393,000 | 1,087,000 | 4,252,000 | -2,659,500 |
| Provision for income taxes | 1,066,000 | 4,691,000 | 4,230,000 | -8,253,000 |
| Net loss | -2,459,000 | -3,604,000 | 22,000 | 5,593,500 |
| Net (loss) income attributable to noncontrolling interests | -197,000 | 941,000 | 671,000 | 323,500 |
| Net loss attributable to titan and applicable to common shareholders | -2,262,000 | -4,545,000 | -649,000 | 5,270,000 |
| Basic (in dollars per share) | -0.04 | -0.07 | -0.01 | 0.07 |
| Basic (in shares) | 63,895,000 | 63,722,000 | 63,283,000 | -38,044,000 |
| Diluted (in dollars per share) | -0.04 | -0.07 | -0.01 | 0.07 |
| Diluted (in shares) | 63,895,000 | 63,722,000 | 63,283,000 | -38,214,500 |
TITAN INTERNATIONAL INC (TWI)
TITAN INTERNATIONAL INC (TWI)