Tariff Refunds and Consumer Strength Drive Titan International to Q2 Profit, but Restructuring Costs Weigh on First Half
TWI sits 28% above its 52-week low of $6.43.
Summary
Titan International swung to a Q2 profit of $6.3M from a loss last year, helped by tariff refunds and strong consumer sales, but six-month results show a $17.9M loss due to plant closure costs.
Key Events · Earnings and Guidance · TWI
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Q2 Profit Recovery
Net income reached $6.3M in Q2 2026, compared with a $3.6M loss a year earlier, as $6.0M in IEEPA tariff refund recoveries and a 27.2% sales jump in the consumer segment lifted results.
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Restructuring Charges Depress First Half
The six-month net loss of $17.9M includes $26.0M in restructuring and impairment expenses related to the planned closure of the Jackson, Tennessee manufacturing facility.
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Consumer Segment Strength
Driven by improved demand and $4.7M in tariff refunds, consumer segment sales rose 27.2% to $146.6M in Q2, while gross profit climbed 47.6% to $34.7M.
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Agricultural Segment Weakness
Agricultural segment sales fell 5.0% to $183.6M in Q2, and operating income dropped 72.2% to $3.2M, pressured by lower volumes and higher steel costs.
Analysis · TWI · Manufacturing
A swing to second-quarter net income of $6.3 million, reversing a year-ago loss, was fueled by $6.0 million in IEEPA tariff refund recoveries and a 27% surge in consumer segment sales. Yet the six-month picture remains deeply negative, with a $17.9 million loss driven by $26.0 million in restructuring and impairment charges tied to the Jackson, Tennessee plant closure. Liquidity is adequate at $179.8 million in cash and $43.9 million available under the credit line, but the heavy restructuring costs and mixed agricultural performance keep the outlook cautious.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, TWI was trading at $8.24 on NYSE in the Manufacturing sector, with a market capitalization of approximately $492.4M. The 52-week trading range was $6.43 to $11.70. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.