Goodyear posts $204 million Q2 net loss as sales fall 4.8% to $4.3 billion
Goodyear reported second quarter 2026 net sales of $4.3 billion, down 4.8% from a year earlier, and a net loss of $204 million, or $0.71 per share, compared with net income of $254 million, or $0.87 per share, in the second quarter of 2025. Segment operating income fell to $36 million from $159 million, and the company recorded $29 million of pre-tax rationalization charges. The swing to a loss and lower profit weigh on shareholders, and the filing does not include updated full-year guidance.
Key points
- Net sales were $4.3 billion, down 4.8%, with tire unit volume of 36.5 million units, down 4.0%.
- Net loss was $204 million, or $0.71 per share, versus net income of $254 million, or $0.87 per share, a year earlier.
- Adjusted net loss was $177 million, or $0.61 per share, compared with an adjusted net loss of $48 million, or $0.17 per share, in the prior-year quarter.
- Segment operating income was $36 million versus $159 million; the Fayetteville, North Carolina, closure is expected to yield about $270 million in annual savings beginning in 2028.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing 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 August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.