Titan International (TWI) Operating Expenses (2010 - 2026)
Titan International (TWI) posted quarterly Operating Expenses of $59.0 million for Q2 2026, up 3.99% year-over-year from $56.7 million in Q2 2025, and down 28.82% quarter-over-quarter from $82.8 million in Q1 2026.
Titan International (TWI) Operating Expenses (2010 - 2026) Analysis & Trends
Titan International (TWI) has reported Operating Expenses for 17 consecutive years, with $59.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 3.99% year-over-year to $59.0 million; the TTM figure through Jun 2026 stood at $252.3 million (up 14.4% YoY), while the FY2025 annual figure was $221.6 million, up 3.3% from the prior year.
- Operating Expenses declined to $59.0 million in Q2 2026 per TWI's latest filing, from $82.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $82.8 million in Q1 2026 and bottomed at $33.3 million in Q4 2022.
- Historically, Operating Expenses has averaged $48.3 million across 5 years, with a median of $51.0 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses declined 6.5% — and 2024, when it jumped 58.43%.
- Titan International's Operating Expenses stood at $33.3 million in 2022, then grew by 5.59% to $35.2 million in 2023, then soared by 58.43% to $55.7 million in 2024, then declined by 5.19% to $52.8 million in 2025, then climbed by 11.63% to $59.0 million in 2026.
- Business Quant data shows TWI's Operating Expenses at $59.0 million in Q2 2026, $82.8 million in Q1 2026, and $52.8 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 382.04 Bn | 375.33 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Deere | 174.93 Bn | 167.02 Bn | 13.06 Bn | 11.08 Bn |
| 3 | Paccar | 69.50 Bn | 60.83 Bn | 1.56 Bn | 6.23 Bn |
| 4 | CNH Industrial | 14.58 Bn | 12.71 Bn | 1.41 Bn | 751.00 Mn |
| 5 | Oshkosh | 9.84 Bn | 9.44 Bn | 480.30 Mn | 237.10 Mn |
| 6 | Agco | 7.62 Bn | 7.05 Bn | 645.90 Mn | 346.90 Mn |
| 7 | Terex | 7.57 Bn | 7.16 Bn | 444.00 Mn | 209.00 Mn |
| 8 | Blue Bird | 2.15 Bn | 2.03 Bn | 103.37 Mn | 40.71 Mn |
| 9 | Alamo | 1.99 Bn | 1.79 Bn | 110.86 Mn | 60.08 Mn |
| 10 | Titan International | 460.02 Mn | 280.24 Mn | 74.92 Mn | 58.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 58.96 Mn |
| 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 |