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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 172,787 $ 202,879
Accounts receivable, net of allowance of $4,565 and $4,491, respectively 187,391 166,069
Inventories 327,242 330,622
Prepaid and other current assets 60,129 60,205
Current assets of discontinued operations 351,272 226,197
Total current assets 1,098,821 985,972
Property, plant and equipment, net 331,276 351,846
Operating lease assets 86,227 108,402
Goodwill 29,563 29,563
Intangible assets, net 9,698 10,564
Deferred income taxes 17,652 9,130
Other long-term assets 71,154 62,220
Noncurrent assets of discontinued operations 0 114,963
Total assets 1,644,391 1,672,660
Current liabilities    
Short-term debt 28,505 19,099
Accounts payable 178,270 174,038
Operating leases 11,278 10,893
Other current liabilities 129,969 111,558
Current liabilities of discontinued operations 161,052 112,653
Total current liabilities 509,074 428,241
Long-term debt 537,636 559,793
Deferred income taxes 4,495 3,790
Operating leases 96,300 102,835
Other long-term liabilities 33,608 32,199
Noncurrent liabilities of discontinued operations 0 24,185
Total liabilities 1,181,113 1,151,043
Titan shareholders' equity    
Common stock ($0.0001 par value, 120,000,000 shares authorized, 78,447,035 issued and 64,542,352 outstanding at September 30, 2026; 78,447,035 issued and 63,951,494 outstanding at December 31, 2025) 0 0
Additional paid-in capital 738,321 738,711
Retained earnings 39,375 100,569
Treasury stock (at cost, 13,904,683 shares at September 30, 2026 and 14,495,541 shares at December 31, 2025) (111,166) (115,871)
Accumulated other comprehensive loss (210,485) (209,029)
Total Titan shareholders’ equity 456,045 514,380
Noncontrolling interests 7,233 7,237
Total equity 463,278 521,617
Total liabilities and equity $ 1,644,391 $ 1,672,660