Titan International, Inc. reported revenues of $460.8 million for the second quarter of 2025, a decrease from $532.2 million in the comparable period of 2024. The company experienced a net loss of $3.6 million, compared to a net income of $3.4 million in the prior year. Adjusted EBITDA was $30.2 million, down from $48.8 million in the comparable prior year period. The decline was mainly attributed to reduced sales volumes in global agricultural and construction equipment sectors, and the impact of tariffs on the Titan Specialty business.
Revenues for Q2 2025 were $461 million, a decrease from $532.2 million in Q2 2024.
The company reported a net loss of $3.6 million for the quarter, compared to a net income of $3.4 million in the same period last year.
Adjusted EBITDA for Q2 2025 was $30.2 million, down from $48.8 million in Q2 2024.
Gross margin for Q2 2025 was 15%, slightly down from 15.1% in Q2 2024.
Titan International, Inc. expects third quarter sales to be between $450 million and $475 million, with Adjusted EBITDA between $25 million and $30 million, both showing improvements compared to the third quarter of 2024.
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