Goodyear Tire & Rubber

GT Q2 2025 Earnings

Reported Aug 7, 2025 at 4:17 PM ET · SEC Source

Q2 25 EPS

$-0.17

MISS 219.72%

Est. $0.14

Q2 25 Revenue

$4.47B

BEAT +0.12%

Est. $4.46B

vs S&P Since Q2 25

-53.3%

TRAILING MARKET

GT -38.2% vs S&P +15.1%

Market Reaction

Did GT Beat Earnings? Q2 2025 Results

Goodyear Tire & Rubber delivered a deeply disappointing second quarter, posting an adjusted loss of $0.17 per share against a consensus estimate of $0.14, a miss of 219.72%, even as headline revenue of $4.46 billion landed essentially in line with ex… Read more Goodyear Tire & Rubber delivered a deeply disappointing second quarter, posting an adjusted loss of $0.17 per share against a consensus estimate of $0.14, a miss of 219.72%, even as headline revenue of $4.46 billion landed essentially in line with expectations, down 2.3% year-over-year. The core culprit was a sharp deterioration in segment operating income, which collapsed to $159 million from $334 million a year ago, as a surge of low-cost tire imports disrupted key markets, raw material costs climbed faster than pricing actions, and unit volumes slipped to 37.9 million from 40.1 million. On a GAAP basis, net income appeared robust at $254 million, but that figure was heavily inflated by a $439 million net gain tied to asset sales, including the completed divestiture of the Dunlop brand to Sumitomo Rubber for $735 million in gross proceeds. The company is also contending with roughly 1,800 planned layoffs in 2025 as it works through its Goodyear Forward transformation. CEO Mark Stewart expressed confidence that conditions will stabilize and that the program will exceed its original savings and divestiture targets, with the pending sale of its Chemical business expected to close by late 2025.

Key Takeaways

  • Goodyear Forward delivered $195 million in segment operating income benefits during the quarter
  • Higher raw material costs drove segment operating income decline
  • Inflation and other costs of $127 million pressured results
  • Unfavorable net price/mix versus raw material costs of $83 million
  • Non-recurrence of 2024 net insurance recoveries of $63 million
  • Lower tire volume of $37 million negatively impacted segment operating income
  • EMEA positive price/mix actions and Fleet Solutions growth drove 5.1% net sales increase
  • Americas gained OE market share in the U.S. despite overall volume declines
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GT YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

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GT Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26
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GT Revenue by Geography

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26

“The second quarter proved challenging in both our consumer and commercial businesses, driven by industry disruption stemming from shifts in global trade - including a surge of low-cost imports across our key markets.”

— Mark Stewart, Q2 2025 Earnings Press Release