S&P 500
7,633.20
+0.31%
Dow Jones
53,893.00
+1.14%
Nasdaq 100
29,106.20
+0.99%
Russell 2000
2,995.41
+0.37%
FTSE 100
10,904.40
+0.20%
Nikkei 225
64,309.90
+1.28%
Goodyear Tire & Rubber

Goodyear Tire & Rubber (GT) Q2 2026 Earnings

Reported Aug 5, 2026 at 4:16 PM ET · SEC Source

Q2 26 EPS Adjusted

$-0.61

BEAT +1.44%

Est. $-0.62

GAAP results include pre-tax rationalization charges of $29 million; adjusted EPS excludes rationalizations, asset write-offs, accelerated depreciation, discrete tax items, impairments, and asset sales

Q2 26 Revenue

$4.30B

BEAT +4.73%

Est. $4.11B

vs S&P Since Q2 26

-9.4%

TRAILING MARKET

GT -8.9% vs S&P +0.6%

Market Reaction

Did GT Beat Earnings? Q2 2026 Results

Goodyear Tire and Rubber posted a narrower-than-feared loss in Q2 2026, edging past Wall Street expectations on both the top and bottom lines despite a market backdrop that remains difficult. The company reported an adjusted loss of $0.61 per share, … Read more Goodyear Tire and Rubber posted a narrower-than-feared loss in Q2 2026, edging past Wall Street expectations on both the top and bottom lines despite a market backdrop that remains difficult. The company reported an adjusted loss of $0.61 per share, slightly better than the $0.63 consensus estimate, while revenue of $4.30 billion beat expectations by 4.73%, though it still fell 3.7% year-over-year as replacement tire demand continued to weigh on results. The single biggest driver of the quarter's shape was a moderation in destocking pressures, with tire unit volume of 36.5 million units declining 4.0% compared to the sharper 12.0% drop seen in Q1. Asia Pacific stood out as the bright spot, delivering $63.00 million in segment operating income, up $20.00 million from a year ago, while Americas swung to a $10.00 million operating loss. Looking ahead, the announced closure of the Fayetteville, North Carolina plant is expected to generate roughly $270.00 million in annual Americas segment operating income improvement beginning in 2028, a figure management is counting on to underpin the longer-term restructuring thesis even as institutional investors debate whether current valuations fully reflect the road ahead.

Key Takeaways

  • • Lower replacement tire volumes, particularly in Americas (-13.0% replacement volume)
  • • Higher tariffs and other costs of $100 million
  • • Inflation of $53 million
  • • Favorable price/mix versus raw material costs of $123 million
  • • Goodyear Forward delivered $95 million of benefits
  • • OE volume growth across all regions with market share gains
  • • Asia Pacific strong performance with 5.3% volume growth
  • • Destocking pressure moderation from Q1's 12% decline to Q2's 4% decline

GT Forward Guidance & Outlook

Goodyear expects its manufacturing footprint optimization, including the closure of the Fayetteville, North Carolina facility, to generate approximately $90 million of Americas SOI improvement in 2027 and approximately $270 million annually beginning in 2028. The Goodyear Forward transformation plan continues to deliver benefits, with $95 million realized in Q2 2026. Management is focused on strengthening the product lineup, building on OE growth across regions, and optimizing the manufacturing network to drive stronger profitability over time.

24/7 Wall St

GT YoY Financials

Q2 2026 vs Q2 2025, source: SEC Filings

24/7 Wall St

GT Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q2 26
24/7 Wall St

GT Revenue by Geography

With YoY comparisons, source: SEC Filings

Q2 25 Q2 26

“We delivered second quarter results in line with our expectations, reflecting continued improvement in Asia Pacific and EMEA. We're taking actions to improve performance in a competitive environment by strengthening our product lineup, building on original equipment growth across regions, and optimizing our manufacturing footprint. These actions are designed to strengthen our competitive position and deliver stronger profitability over time.”

— Mark Stewart, Q2 2026 Earnings Press Release

Back to GT Stock Page