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Goodyear — Q3 2026 Earnings Summary

  • Net sales declined 2.3% YoY to $4.5 billion; the company reported a net loss of $238 million ($0.82/share) versus a $2.2 billion loss in the prior year period, while adjusted net loss narrowed to $31 million ($0.11/share) from an adjusted net income of $82 million.
  • Segment operating income fell to $174 million from $287 million, with total segment operating margin contracting to 3.8% from 6.2%, driven by lower volume ($77 million), inflation ($69 million), and higher tariffs ($48 million).
  • Management established a dedicated transformation office to accelerate structural changes and cash generation, acknowledging that current incremental improvements are insufficient to meet expectations without broader strategic shifts toward higher-value consumer tires.
  • Total tire unit volume decreased 3.3% YoY to 38.6 million units; while OE volumes grew in the Americas and EMEA, replacement market weakness persisted, and long-term debt increased to $6,030 million from $5,328 million at year-end 2025.
Company
GOODYEAR TIRE & RUBBER CO
Sector
Consumer Cyclical
Industry
Auto Parts