Earnings ·
Reports Q3 net loss of $238 million as sales drop 2.3% to $4.5 billion
GTGoodyear Tire & Rubber Co
The Goodyear Tire & Rubber Company reported a third quarter 2026 net loss of $238 million, or $0.82 per share, compared to a net loss of $2.2 billion in the prior year period. Net sales decreased 2.3% year-over-year to $4.5 billion, with organic sales up 1.6%. The company recorded $148 million in pre-tax rationalization charges. Adjusted net loss was $31 million, or $0.11 per share, versus adjusted income of $82 million a year ago. Segment operating income fell to $174 million from $287 million. Goodyear operates as one of the world's largest tire manufacturers.