Titan International (TWI) Operating Expenses (2010 - 2026)
Titan International's (TWI) quarterly Operating Expenses came in at $82.8 million in Q1 2026, up 52.25% year-on-year from $54.4 million in Q1 2025, and up 56.81% on a QoQ basis from $52.8 million in Q4 2025.
Titan International (TWI) Operating Expenses (2010 - 2026) Analysis & Trends
Titan International (TWI) has 17 years of Operating Expenses data on file, last reported at $82.8 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 52.25% year-over-year to $82.8 million in Q1 2026; TTM through Mar 2026 was $250.0 million, a 13.83% increase from a year earlier, with the FY2025 full-year figure at $221.6 million, up 3.3% from the prior year.
- Operating Expenses for Q1 2026 stood at $82.8 million, up from $52.8 million in the prior quarter.
- Over the last five years, Operating Expenses for TWI reached as high as $82.8 million in Q1 2026 and fell as low as $33.3 million in Q4 2022.
- Historically, Operating Expenses has averaged $47.6 million across 5 years, with a median of $49.3 million in 2024.
- Across the five-year window, Operating Expenses dropped 6.49% in 2022 and surged 58.43% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $33.3 million in 2022, then rose by 5.59% to $35.2 million in 2023, then surged by 58.43% to $55.7 million in 2024, then retreated by 5.19% to $52.8 million in 2025, then surged by 56.81% to $82.8 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $82.8 million in Q1 2026, $52.8 million in Q4 2025, and $57.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Greenpower Motor | 1,097.89 Bn | 1,097.89 Bn | 1.26 Mn | 1.29 Mn |
| 2 | Caterpillar | 404.21 Bn | 400.13 Bn | 6.11 Bn | 14.33 Bn |
| 3 | Deere | 168.70 Bn | 160.79 Bn | 13.06 Bn | 11.08 Bn |
| 4 | Paccar | 70.10 Bn | 69.22 Bn | 1.36 Bn | 5.65 Bn |
| 5 | CNH Industrial | 13.78 Bn | 12.17 Bn | 1.22 Bn | 701.00 Mn |
| 6 | Oshkosh | 9.70 Bn | 9.45 Bn | 311.90 Mn | 229.90 Mn |
| 7 | Agco | 8.70 Bn | 8.18 Bn | 581.40 Mn | 339.10 Mn |
| 8 | Terex | 6.66 Bn | 6.27 Bn | 206.00 Mn | 241.00 Mn |
| 9 | Blue Bird | 2.40 Bn | 2.12 Bn | 70.65 Mn | 31.53 Mn |
| 10 | Titan International | 516.10 Mn | 344.84 Mn | 71.45 Mn | 82.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 82.82 Mn |
| Dec 31, 2025 | 52.82 Mn |
| Sep 30, 2025 | 57.68 Mn |
| Jun 30, 2025 | 56.69 Mn |
| Mar 31, 2025 | 54.40 Mn |
| Dec 31, 2024 | 55.71 Mn |
| Sep 30, 2024 | 53.73 Mn |
| Jun 30, 2024 | 55.80 Mn |
| Mar 31, 2024 | 49.27 Mn |
| Dec 31, 2023 | 35.16 Mn |
| Sep 30, 2023 | 36.75 Mn |
| Jun 30, 2023 | 38.08 Mn |
| Mar 31, 2023 | 37.49 Mn |
| Dec 31, 2022 | 33.30 Mn |
| Sep 30, 2022 | 33.84 Mn |
| Jun 30, 2022 | 36.91 Mn |
| Mar 31, 2022 | 39.15 Mn |
| Dec 31, 2021 | 35.61 Mn |
| Sep 30, 2021 | 34.59 Mn |
| Jun 30, 2021 | 35.09 Mn |