Goodyear Tire & Rubber (GT) Q2 2025 Earnings
How Did GT Stock React to Q2 2025 Earnings?
S&P 500 over the same 30 days: +2.36%.
Did GT Beat Earnings? Q2 2025 Results
No. Goodyear Tire & Rubber reported Q2 2025 earnings of $-0.17 a share on Aug 7, 2025, missing the $0.14 consensus estimate by 219.7%. Revenue was $4.5B against a $4.5B estimate.
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.
- 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
“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.”
Goodyear Tire & Rubber CEO, on the earnings call
What Was Goodyear Tire & Rubber's Outlook in Q2 2025?
CEO Mark Stewart expects conditions to stabilize in coming quarters and sees clear opportunity ahead as Goodyear capitalizes on its strong U.S. manufacturing footprint amid shifts in global trade. The company continues to expect to exceed the original goals for Goodyear Forward both in terms of cost savings and proceeds from asset sales. The sale of the majority of the Goodyear Chemical business to a Gemspring Capital affiliate is expected to close in late 2025, with proceeds intended to further reduce leverage.
GT YoY Financials
| Metric | Q2 2025 | Q2 2024 | Year over year |
|---|---|---|---|
| Revenue | $4.5B | $4.6B | −2.3% |
| Gross Profit | $760.0M | $943.0M | −19.4% |
| Net Income | $254.0M | $79.0M | +221.5% |
GT Revenue by Segment
GT Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.