Form 8-K

8-K — GOODYEAR TIRE & RUBBER CO /OH/

Accession: 0001628280-26-053379

Filed: 2026-08-05

Period: 2026-08-05

CIK: 0000042582

SIC: 3011 (TIRES AND INNER TUBES)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — gt-20260805.htm (Primary)

EX-99.1 (q22026nrearningsrelease_dr.htm)

GRAPHIC (imagea.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: gt-20260805.htm · Sequence: 1

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false000004258200000425822026-08-052026-08-05

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________________________

FORM 8-K

___________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): August 5, 2026

___________________________________

The Goodyear Tire & Rubber Company

(Exact name of registrant as specified in its charter)

___________________________________

Ohio

1-1927

34-0253240

(State or other jurisdiction of

incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification Number)

200 Innovation Way

Akron, Ohio 44316-0001

(Address of principal executive offices and zip code)

(330) 796-2121

(Registrant's telephone number, including area code)

___________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of each exchange on which registered

Common Stock, Without Par Value

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

A copy of the News Release issued by The Goodyear Tire & Rubber Company on Wednesday, August 5, 2026, describing its results of operations for the second quarter of 2026, is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

99.1

News Release, dated August 5, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

THE GOODYEAR TIRE & RUBBER COMPANY

Date: August 5, 2026

By:

/s/ Scott M. Deakin

Scott M. Deakin

Interim Executive Vice President and Chief Financial Officer

EX-99.1

Filename: q22026nrearningsrelease_dr.htm · Sequence: 2

Q2 2026 NR Earnings Release_DRAFT

FOR IMMEDIATE RELEASE

NEWS RELEASE

MEDIA CONTACT:

KELLY MCGLUMPHY

KELLY_MCGLUMPHY@GOODYEAR.COM

ANALYST CONTACT:

RYAN REED

RYAN_REED@GOODYEAR.COM

GOODYEAR ANNOUNCES SECOND QUARTER 2026 RESULTS

Second Quarter Performance Reflected Improving Market Stability and

Continued Execution to Strengthen Goodyear's Competitive Position

Second Quarter 2026 Highlights

Net sales of $4.3 billion, decreasing 4.8% YoY; down 1.4% organically as a result of lower volumes

Tire unit volume of 36.5 million units, decreasing 4.0% YoY, improving from a 12% YoY decline during the

first quarter as destocking pressure moderated and market conditions showed more stability

Goodyear OE volumes and market share grew across both consumer and commercial in each region,

reflecting the strength of the product portfolio and supporting long-term replacement demand

Segment operating income of $36 million; strong results in Asia Pacific and improvement in EMEA offset by

moderating headwinds in the Americas

Goodyear Forward delivered $95 million of benefits; manufacturing footprint optimization is underway

with recently announced action providing ~$270 million in expected annual savings by 2028

AKRON, Ohio, August 5, 2026 – The Goodyear Tire & Rubber Company (NASDAQ:GT) reported second

quarter 2026 results today and the company will host an investor call tomorrow morning, Thursday, August 6,

at 8:30 a.m. Eastern time led by Mark Stewart, Goodyear’s chief executive officer and president, and Scott

Deakin, the company’s interim executive vice president and chief financial officer.

"We delivered second quarter results in line with our expectations, reflecting continued improvement in Asia

Pacific and EMEA," said Stewart. "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."

Financial Results

Goodyear's second quarter 2026 net sales were $4.3 billion, with tire unit volumes totaling 36.5 million. After

adjusting for the impact of the sales of its Chemical business and the Dunlop brand of $153 million, organic

net sales decreased 1.4% as a result of lower tire unit volume.

Second quarter 2026 Goodyear net loss was $204 million, or $0.71 per share, compared to Goodyear net

income one year ago of $254 million, or $0.87 per share. Second quarter 2026 included several significant

items, including, on a pre-tax basis, rationalization charges of $29 million. This significant item, and others, are

excluded from adjusted earnings.

Second quarter 2026 adjusted net loss was $177 million, compared to adjusted net loss of $48 million in the

prior year's quarter. Adjusted loss per share was $0.61, compared to an adjusted loss per share of $0.17 in the

prior year's quarter. Per share amounts are diluted.

Segment Results

The company reported segment operating income of $36 million in the second quarter of 2026, compared to

$159 million from one year ago.

After adjusting for the sales of its Chemical business and the Dunlop brand, segment operating income

decreased $79 million. The decrease in segment operating income reflects the impact of lower volume of

$132 million, higher tariffs and other costs of $100 million, and inflation of $53 million, partially offset by

favorable price/mix versus raw material costs of $123 million and $95 million of benefits from Goodyear

Forward.

Additional earnings materials can be found on Goodyear’s investor relations website at http://

investor.goodyear.com.

Reconciliation of Non-GAAP Financial Measures

See “Non-GAAP Financial Measures” and “Financial Tables” for further explanation and reconciliation tables

for historical Total Segment Operating Income and Margin; Adjusted Net Income (Loss); and Adjusted Diluted

Earnings per Share, reflecting the impact of certain significant items on the 2026 and 2025 periods. Organic

earnings measures exclude the impact of divestitures; see "Non-GAAP Financial Measures" for additional

details.

Business Segment Results

AMERICAS

Second Quarter

Six Months

(In millions)

2026

2025

2026

2025

Tire Units

17.4

19.1

32.7

37.5

Net Sales

$2,382

$2,662

$4,445

$5,164

Segment Operating Income (Loss)

$(10)

$141

$27

$296

Segment Operating Margin

(0.4%)

5.3%

0.6%

5.7%

Americas’ second quarter 2026 net sales of $2.4 billion were 10.5% lower than the previous year, driven by a

decline in consumer replacement volume and the sale of the Chemical business. Tire unit volume decreased

8.7%. Replacement tire unit volume decreased 13.0%, reflecting planned rationalization of lower-tier product

offerings, lower industry sell-in volume in North America, and increased competition. Original Equipment (OE)

tire unit volume increased 8.7%, reflecting market share gains.

Segment operating loss was $10 million, decreasing from $141 million in income last year. Excluding the

impact of the sale of the Chemical business, Americas' segment operating income decreased $118 million

driven by the impact of lower volume, inflation and other costs, partially offset by Goodyear Forward benefits

and price/mix versus raw materials.

In July, the company announced the planned closure of its Fayetteville, North Carolina, facility as part of its

strategy to align its footprint with its evolving product portfolio and improve the competitiveness of its

manufacturing network in the Americas. This action is expected to generate approximately $90 million of

Americas SOI improvement in 2027 and approximately $270 million annually beginning in 2028. Total pre-tax

charges are expected to be between $535 million and $565 million, including $190 million to $210 million of

cash costs, with the action expected to be substantially completed by the end of 2027.

EMEA

Second Quarter

Six Months

(In millions)

2026

2025

2026

2025

Tire Units

11.2

11.3

22.4

23.6

Net Sales

$1,372

$1,344

$2,735

$2,621

Segment Operating Income (Loss)

$(17)

$(25)

$(16)

$(30)

Segment Operating Margin

(1.2)%

(1.9)%

(0.6%)

(1.1)%

EMEA’s second quarter 2026 net sales of $1.4 billion increased 2.1% from second quarter 2025, driven by

benefits from price/mix and currency, partly offset by lower tire volume, inclusive of the sale of the Dunlop

brand. Replacement unit volume decreased 7.1%, driven by consumer market softness, increased competition

and the planned rationalization of lower-tier product offerings. OE tire unit volume increased 8.3%, reflecting

the tenth consecutive quarter of consumer market share gains.

Second quarter segment operating loss was $17 million, improving $8 million from the prior year. Excluding

the impact of the sale of the Dunlop brand, EMEA's segment operating income increased $20 million driven

by benefits from price/mix versus raw materials and Goodyear Forward, partly offset by higher costs, inflation

and the impact of lower volume.

ASIA PACIFIC

Second Quarter

Six Months

(In millions)

2026

2025

2026

2025

Tire Units

7.9

7.5

15.4

15.3

Net Sales

$496

$459

$951

$933

Segment Operating Income

$63

$43

$120

$88

Segment Operating Margin

12.7%

9.4%

12.6%

9.4%

Asia Pacific's second quarter 2026 net sales of $496 million were 8.1% higher than the previous year, as a

result of higher volume and price/mix benefits. Tire unit volume increased 5.3%. Replacement volume

increased 6.4% driven by higher consumer demand. OE volume increased 4.2% driven by growth primarily in

China and Japan, reflecting consumer OE market share gains.

Second quarter 2026 segment operating income of $63 million was $20 million higher than the prior year

driven by benefits from price/mix versus raw materials, Goodyear Forward and higher volume.

Conference Call

The company will host an investor call on Thursday, August 6, 2026, at 8:30 a.m. Eastern time. Please visit

Goodyear’s investor relations website: http://investor.goodyear.com, for additional earnings materials.

The investor call can be accessed on the website or via telephone by calling either (833) 419-0865 or (785)

838-9333 before 8:25 a.m. Eastern time and providing the conference ID “Goodyear.” A replay will be available

by calling (800) 723-1517 or (402) 220-2659. The replay will also be available on Goodyear’s investor relations

website.

About Goodyear

Goodyear is one of the world's largest tire companies. It employs about 63,000 people and manufactures its

products in 48 facilities in 19 countries around the world. Its two Innovation Centers in Akron, Ohio, and

Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology

and performance standard for the industry. For more information about Goodyear and its products, go to

www.goodyear.com/corporate.

Forward-Looking Statements

Certain information contained in this news release constitutes forward-looking statements for purposes of the

safe harbor provisions of The Private Securities Litigation Reform Act of 1995. There are a variety of factors,

many of which are beyond our control, that affect our operations, performance, business strategy and results

and could cause our actual results and experience to differ materially from the assumptions, expectations and

objectives expressed in any forward-looking statements. These factors include, but are not limited to: our

ability to implement successfully our strategic initiatives; actions and initiatives taken by both current and

potential competitors; increases in the prices paid for raw materials and energy; inflationary cost pressures;

delays or disruptions in our supply chain or the provision of services to us; a prolonged economic downturn

or period of economic uncertainty; deteriorating economic conditions or an inability to access capital markets;

a labor strike, work stoppage, labor shortage or other similar event; financial difficulties, work stoppages,

labor shortages or supply disruptions at our suppliers or customers; the adequacy of our capital expenditures;

changes in tariffs, trade agreements or trade restrictions; uncertainty regarding the timing and amount of any

IEEPA tariff refund; foreign currency translation and transaction risks; our failure to comply with a material

covenant in our debt obligations; potential adverse consequences of litigation involving the company; as well

as the effects of more general factors such as changes in general market, economic or political conditions or

in legislation, regulation or public policy. Additional factors are discussed in our filings with the Securities and

Exchange Commission, including our annual report on Form 10-K, quarterly reports on Form 10-Q and current

reports on Form 8-K. In addition, any forward-looking statements represent our estimates only as of today

and should not be relied upon as representing our estimates as of any subsequent date. While we may elect

to update forward-looking statements at some point in the future, we specifically disclaim any obligation to

do so, even if our estimates change.

Non-GAAP Financial Measures (unaudited)

This news release presents non-GAAP financial measures, including Total Segment Operating Income and

Margin, Adjusted Net Income (Loss), Adjusted Diluted Earnings Per Share (EPS), and organic earnings

measures, which are important financial measures for the company but are not financial measures defined by

U.S. GAAP, and should not be construed as alternatives to corresponding financial measures presented in

accordance with U.S. GAAP.

Total Segment Operating Income is the sum of the individual strategic business units’ (SBUs’) Segment

Operating Income as determined in accordance with U.S. GAAP. Total Segment Operating Margin is Total

Segment Operating Income divided by Net Sales as determined in accordance with U.S. GAAP. Management

believes that Total Segment Operating Income and Margin are useful because they represent the aggregate

value of income created by the company’s SBUs and exclude items not directly related to the SBUs for

performance evaluation purposes. The most directly comparable U.S. GAAP financial measures to Total

Segment Operating Income and Margin are Goodyear Net Income (Loss) and Return on Net Sales (which is

calculated by dividing Goodyear Net Income (Loss) by Net Sales).

Adjusted Net Income (Loss) is Goodyear Net Income (Loss) as determined in accordance with U.S. GAAP

adjusted for certain significant items. Adjusted Diluted Earnings Per Share (EPS) is the company’s Adjusted

Net Income (Loss) divided by Weighted Average Shares Outstanding-Diluted as determined in accordance

with U.S. GAAP. Management believes that Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per

Share (EPS) are useful because they represent how management reviews the operating results of the company

excluding the impacts of rationalizations, asset write-offs, accelerated depreciation, discrete tax items,

impairments, asset sales and certain other significant items.

Organic earnings measures, including organic Net Sales growth, are non-GAAP financial measures that

exclude the direct impacts of the divestitures of the Dunlop brand and Chemical business from year-over-year

comparisons. We believe these measures provide investors with a supplemental understanding of underlying

earnings trends by providing comparisons on a constant basis. We completed the sale of the Dunlop brand

and our Chemical business in May 2025 and October 2025, respectively.

It should be noted that other companies may calculate similarly-titled non-GAAP financial measures

differently and, as a result, the measures presented herein may not be comparable to such similarly-titled

measures reported by other companies. See the following tables for reconciliations of historical Total

Segment Operating Income and Margin, Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per Share

to the most directly comparable U.S. GAAP financial measures.

The Goodyear Tire & Rubber Company and Subsidiaries

Financial Tables (Unaudited)

Table 1: Consolidated Statements of Operations

Three Months Ended

Six Months Ended

June 30,

(In millions, except per share amounts)

2026

2025

2026

2025

Net Sales

$4,250

$4,465

$8,131

$8,718

Cost of Goods Sold

3,569

3,705

6,757

7,218

Selling, Administrative and General Expense

703

692

1,371

1,342

Rationalizations

133

140

Interest Expense

105

112

200

227

Other (Income) Expense

Net (Gain) Loss on Asset Sales

(17)

(439)

(20)

(701)

Income (Loss) before Income Taxes

(161)

305

(341)

436

United States and Foreign Tax Expense

112

Net Income (Loss)

(207)

281

(453)

399

Less: Minority Shareholders’ Net Income (Loss)

(3)

—

Goodyear Net Income (Loss)

$(204)

$254

$(453)

$369

Goodyear Net Income (Loss) — Per Share of Common Stock

Basic

$(0.71)

$0.88

$(1.57)

$1.28

Weighted Average Shares Outstanding

289

287

289

287

Diluted

$(0.71)

$0.87

$(1.57)

$1.27

Weighted Average Shares Outstanding

289

290

289

290

Table 2: Consolidated Balance Sheets

June 30,

December 31,

(In millions, except share data)

2026

2025

Assets:

Current Assets:

Cash and Cash Equivalents

$861

$801

Accounts Receivable, less Allowance — $84 ($89 in 2025)

2,728

2,341

Inventories:

Raw Materials

633

616

Work in Process

193

195

Finished Products

3,090

2,761

3,916

3,572

Assets Held for Sale

—

Prepaid Expenses and Other Current Assets

407

446

Total Current Assets

7,912

7,218

Goodwill

Intangible Assets

651

663

Deferred Income Taxes

352

348

Other Assets

1,121

1,096

Operating Lease Right-of-Use Assets

972

998

Property, Plant and Equipment, less Accumulated Depreciation — $12,400 ($12,390 in 2025)

7,598

7,843

Total Assets

$18,650

$18,208

Liabilities:

Current Liabilities:

Accounts Payable — Trade

$3,878

$3,879

Compensation and Benefits

575

578

Other Current Liabilities

1,215

1,259

Notes Payable and Overdrafts

359

506

Operating Lease Liabilities due Within One Year

191

196

Long Term Debt and Finance Leases due Within One Year

1,059

364

Total Current Liabilities

7,277

6,782

Operating Lease Liabilities

832

862

Long Term Debt and Finance Leases

5,772

5,328

Compensation and Benefits

765

787

Deferred Income Taxes

102

105

Other Long Term Liabilities

901

941

Total Liabilities

15,649

14,805

Commitments and Contingent Liabilities

Shareholders’ Equity:

Goodyear Shareholders’ Equity:

Common Stock, no par value:

Authorized, 450 million shares, Outstanding shares — 288 million in 2026 (286 million in 2025)

288

286

Capital Surplus

3,178

3,175

Retained Earnings

2,907

3,360

Accumulated Other Comprehensive Loss

(3,534)

(3,588)

Goodyear Shareholders’ Equity

2,839

3,233

Minority Shareholders’ Equity — Nonredeemable

162

170

Total Shareholders’ Equity

3,001

3,403

Total Liabilities and Shareholders’ Equity

$18,650

$18,208

Table 3: Consolidated Statements of Cash Flows

Six Months Ended

June 30,

(In millions)

2026

2025

Cash Flows from Operating Activities:

Net Income (Loss)

$(453)

$399

Adjustments to Reconcile Net Income (Loss) to Cash Flows from Operating Activities:

Depreciation and Amortization

474

544

Amortization and Write-Off of Debt Issuance Costs

Provision for Deferred Income Taxes

(8)

(55)

Net Pension Curtailments and Settlements

—

Net Rationalization Charges

133

140

Rationalization Payments

(123)

(204)

Net (Gain) Loss on Asset Sales

(20)

(701)

Operating Lease Expense

150

159

Operating Lease Payments

(137)

(141)

Pension Contributions and Direct Payments

(22)

(53)

Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions:

Accounts Receivable

(340)

(498)

Inventories

(340)

(512)

Accounts Payable — Trade

(59)

Compensation and Benefits

Other Current Liabilities

(21)

312

Other Assets and Liabilities

(18)

(65)

Total Cash Flows from Operating Activities

(620)

(718)

Cash Flows from Investing Activities:

Capital Expenditures

(342)

(466)

Asset Dispositions

1,328

Other Transactions

—

(25)

Total Cash Flows from Investing Activities

(339)

837

Cash Flows from Financing Activities:

Short Term Debt and Overdrafts Incurred

362

557

Short Term Debt and Overdrafts Paid

(506)

(632)

Long Term Debt Incurred

5,803

8,888

Long Term Debt Paid

(4,630)

(8,925)

Other Transactions

(9)

Total Cash Flows from Financing Activities

1,020

(107)

Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash

(6)

Net Change in Cash, Cash Equivalents and Restricted Cash

Cash, Cash Equivalents and Restricted Cash at Beginning of the Period

910

864

Cash, Cash Equivalents and Restricted Cash at End of the Period

$965

$902

Table 4: Reconciliation of Segment Operating Income & Margin

Three Months Ended

Six Months Ended

June 30,

(In millions)

2026

2025

2026

2025

Total Segment Operating Income

$36

$159

$131

$354

Less:

Rationalizations

133

140

Interest Expense

105

112

200

227

Other (Income) Expense

Net (Gain) Loss on Asset Sales

(17)

(439)

(20)

(701)

Asset Write-Offs, Accelerated Depreciation, and Accelerated Lease Costs, net

—

Corporate Incentive Compensation Plans

Retained Expenses of Divested Operations

Other

Income (Loss) before Income Taxes

$(161)

$305

$(341)

$436

United States and Foreign Tax Expense

112

Less: Minority Shareholders' Net Income (Loss)

(3)

—

Goodyear Net Income (Loss)

$(204)

$254

$(453)

$369

Net Sales

$4,250

$4,465

$8,131

$8,718

Return on Net Sales

(4.8)%

5.7%

(5.6)%

4.2%

Total Segment Operating Margin

0.8%

3.6%

1.6%

4.1%

Table 5: Reconciliation of Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per Share

Second Quarter 2026

(In millions, except per share amounts)

Reported

Rationalizations,

Asset Write-offs,

Accelerated

Depreciation and

Leases

Colombia

Labor Strike

Indirect Tax

Settlements

and Discrete

Tax Items

Asset and

Other Sales

As Adjusted

Net Sales

$4,250

$—

$4,250

Cost of Goods Sold

3,569

—

(7)

—

3,562

Gross Margin

681

—

688

SAG

703

—

703

Rationalizations

(29)

—

Interest Expense

105

—

105

Other (Income) Expense

—

Net (Gain) Loss on Asset Sales

(17)

—

Pre-tax Income (Loss)

(161)

—

(17)

(142)

Taxes

—

(5)

(3)

Minority Interest

(3)

—

(3)

Goodyear Net Income (Loss)

$(204)

$29

$(14)

$(177)

EPS

$(0.71)

$0.10

$0.02

$(0.04)

$(0.61)

Second Quarter 2025

(In millions, except per share amounts)

Reported

Rationalizations,

Asset Write-offs,

Accelerated

Depreciation

and Leases

Goodyear

Forward and

Other

Transaction

Costs

Indirect Tax

Settlements

and

Discrete Tax

Items

Asset and

Other Sales

Adjusted

Net Sales

$4,465

$—

$4,465

Cost of Goods Sold

3,705

(40)

—

3,665

Gross Margin

760

—

800

SAG

692

(1)

(3)

—

688

Rationalizations

(59)

—

Interest Expense

112

—

112

Other (Income) Expense

—

(2)

—

Net (Gain) Loss on Asset Sales

(439)

—

439

—

Pre-tax Income (Loss)

305

100

—

(439)

(29)

Taxes

(21)

Minority Interest

—

(25)

Goodyear Net Income (Loss)

$254

$92

$(4)

$(393)

$(48)

EPS

$0.87

$0.33

$0.01

$(0.02)

$(1.36)

$(0.17)

Six Months 2026

(In millions, except per share amounts)

Reported

Rationalizations,

Asset Write-offs,

Accelerated

Depreciation and

Leases

Indirect Tax

Settlements and

Discrete Tax Items

Colombia

Labor Strike

Asset and

Other Sales

As Adjusted

Net Sales

$8,131

$—

$8,131

Cost of Goods Sold

6,757

(15)

(8)

(7)

—

6,727

Gross Margin

1,374

—

1,404

SAG

1,371

(1)

—

1,370

Rationalizations

133

(133)

—

Interest Expense

200

—

200

Other (Income) Expense

—

Net (Gain) Loss on Asset Sales

(20)

—

Pre-tax Income (Loss)

(341)

149

(20)

(197)

Taxes

112

(25)

—

(3)

Minority Interest

—

Goodyear Net Income (Loss)

$(453)

$140

$33

$(17)

$(290)

EPS

$(1.57)

$0.48

$0.12

$0.02

$(0.05)

$(1.00)

Six Months 2025

(In millions, except per share amounts)

Reported

Rationalizations,

Asset Write-offs,

Accelerated

Depreciation

and Leases

Goodyear

Forward and

Other

Transaction

Costs

Pension

Settlement

Charges

Indirect Tax

Settlements

and

Discrete Tax

Items

Asset and

Other Sales

Adjusted

Net Sales

$8,718

$—

$8,718

Cost of Goods Sold

7,218

(83)

—

7,135

Gross Margin

1,500

—

1,583

SAG

1,342

(4)

(5)

—

1,333

Rationalizations

140

(140)

—

Interest Expense

227

—

227

Other (Income) Expense

—

(6)

(4)

—

Net (Gain) Loss on Asset Sales

(701)

—

701

—

Pre-tax Income (Loss)

436

227

—

(701)

(23)

Taxes

(46)

Minority Interest

—

(25)

Goodyear Net Income (Loss)

$369

$196

$(5)

$(630)

$(59)

EPS

$1.27

$0.69

$0.03

$0.01

$(0.02)

$(2.19)

$(0.21)

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v3.26.1

Cover

Aug. 05, 2026

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Aug. 05, 2026

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The Goodyear Tire & Rubber Company

Entity Incorporation, State or Country Code

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34-0253240

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200 Innovation Way

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Akron

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330

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796-2121

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