Goodyear swings to Q2 FY26 net loss of USD 204 million; net sales drop 4.8% year over year to USD 4.3 billion
Reuters2026/08/05 21:08Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Goodyear swung to a Q2 net loss of USD 204 million, or USD 0.71 per share, from net income a year earlier.
- Net sales fell 4.8% year over year to USD 4.3 billion; tire unit volume dropped 4% to 36 million units.
- Total segment operating income slid to USD 36 million from USD 159 million; Americas moved to a USD 10 million operating loss.
- Non-GAAP adjusted net loss widened to USD 177 million, or USD 0.61 per share, from an adjusted net loss a year earlier.
- Mark Stewart cited original-equipment share gains across regions; Goodyear Forward delivered USD 95 million of benefits in the quarter.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Goodyear Tire Rubber Company published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.
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