Goodyear Q3 2026 net loss narrows to $238 million; adjusted loss of $31 million
Goodyear reported third quarter 2026 net sales of $4.5 billion, down 2.3% from a year earlier, and a net loss of $238 million, or $0.82 per share, versus a $2.2 billion loss a year ago. Adjusted results swung to a $31 million loss from $82 million of adjusted net income in the prior-year quarter, and the company said it has set up a transformation office to pursue structural changes to generate more consistent free cash flow.
Key points
- Net sales were $4.5 billion, down 2.3% year over year, and up 1.6% on an organic basis.
- Net loss was $238 million ($0.82 per share) versus $2.2 billion ($7.62 per share) a year ago; adjusted loss was $31 million ($0.11 per share) versus adjusted income of $82 million ($0.28 per share).
- Segment operating income was $174 million, compared with $287 million a year ago.
- Third quarter rationalization charges were $148 million pre-tax, and a dedicated transformation office was established.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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