Titan Posts Third Quarter Gains

Titan International Inc. posted sales of $466.5 million during the third quarter of 2025, up from $448 million the same time last year.

Titan officials say revenue gains were primarily driven "by pricing related to passing on increases in input costs."

Third quarter gross profit amounted to $70.9 million versus $58.8 million during the same period in 2024, driven mainly by "impact increases in net sales, favorably impacting fixed cost absorption at certain production facilities in the Americas."

Cost reduction and productivity enhancement efforts also contributed, according to Titan officials.

Ag segment results

Net sales in Titan's agricultural segment totaled $188.7 million during the third quarter of 2025, up from $175.4 million during the same period last year.

The increase was "primarily driven by higher sales volumes in the Americas," as well as favorable pricing and product mix.

Gross profit in the segment totaled $25.2 million, up from $16.7 million during the third quarter of 2024.

"The improvement in gross profit was primarily driven by increased sales volumes, which enhanced leverage of fixed manufacturing costs and favorable mix," say Titan officials.

OTR performance

The company's earthmoving/construction segment net sales were $145.4 million during the third quarter of 2025, up from $136.3 million during the same period last year. 

This gain was driven by higher sales volumes in the Americas. 

Meanwhile, gross profit in the earthmoving/construction segment was $15.2 million versus $11.7 million in the third quarter of 2024. 

CEO remarks

Paul Reitz, Titan's president and CEO, says Titan's results "were at the high end of our expectations, as the strength of our One Titan Team combined with the diversity of our operations to deliver solid financial performance."

The firm's ag and OTR segments "each reported revenue growth compared with the prior year period, along with expanded gross margins.

"As our customers and end users begin looking towards 2026, more long-term trade deals, more static tariff rates and further interest rate relief stand as key catalysts for our business.

"We are encouraged by the latest trade negotiation developments and the potential for substantial grain purchases by China in the future, which will be significant for U.S. farmers."