Goodyear posts first-quarter net loss of $249 million as sales fall to $3.9 billion
Goodyear reported a first-quarter 2026 net loss of $249 million, or $0.86 per share, compared with net income of $115 million, or $0.40 per share, a year earlier. Net sales fell to $3.9 billion from $4.3 billion, and management cited weak consumer industry demand and higher raw material costs tied to the Middle East conflict, and said it will take further cost actions.
Key points
- Net loss of $249 million, or $0.86 per share, versus net income of $115 million, or $0.40 per share, in Q1 2025
- Adjusted net loss of $112 million, or $0.39 per share, versus an adjusted net loss of $11 million, or $0.04 per share, a year earlier
- Segment operating income of $95 million versus $195 million, including a $46 million tariff adjustment benefit; rationalization charges were $104 million
- Investor call scheduled for Thursday, May 7, 2026, at 8:30 a.m. Eastern time
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.