Goodyear Tire & Rubber Co.: Q3 FY2026 earnings call

What management said about Q3 FY2026, from the documents filed with the SEC on 4 November 2026: press release. The quarter’s numbers.

Key takeaways

Organic sales rose on price and mix: Net sales were $4.5 billion. Adjusting for $177 million of impact from the Chemical and Dunlop sales, organic net sales rose 1.6% on price/mix, partly offset by lower volume. Source
Reported net loss of $238 million: Net loss was $238 million, or $0.82 per share, versus a $2.2 billion loss, or $7.62 per share, a year earlier. The prior-year quarter included a $674 million goodwill impairment and a $1,450 million indirect tax and discrete tax item. Source
Adjusted loss against prior-year profit: Adjusted net loss was $31 million, or $0.11 per share, against adjusted net income of $82 million, or $0.28 per share, a year earlier. Source
Segment operating income fell to $174 million: Total segment operating income was $174 million against $287 million a year earlier. Total segment operating margin was 3.8%, against 6.2%. Source
Americas sales and profit declined: Americas net sales were $2.7 billion, down 2.3% on the Chemical sale. Segment operating income was $96 million against $206 million, a 3.6% margin against 7.5%. Source
Asia Pacific profit up $15 million: Segment operating income was $66 million, against $51 million, and margin was 12.9% against 10.2%. Price/mix and Goodyear Forward benefits were partly offset by lower volume. Source
Volume, inflation and tariffs cut profit: Management's bridge attributes the segment profit decline to lower volume of $77 million, inflation of $69 million, and higher tariffs and other costs of $48 million. Source
Higher-value consumer tires reached 44%: Products of 18 inches and above made up 44% of sales volumes, up from 39% a year earlier, according to the release's description of the mix shift. Source

“While our third quarter results reflected meaningful sequential earnings improvement, our financial performance remains below our expectations.”
Mark Stewart, Goodyear’s chief executive officer and president

What changed from last quarter

New: A dedicated transformation office was established to accelerate evaluation and execution of initiatives to improve structural returns and cash generation. Source

Results and earnings

Organic sales rose on price and mix: Net sales were $4.5 billion. Adjusting for $177 million of impact from the Chemical and Dunlop sales, organic net sales rose 1.6% on price/mix, partly offset by lower volume. Source
Reported net loss of $238 million: Net loss was $238 million, or $0.82 per share, versus a $2.2 billion loss, or $7.62 per share, a year earlier. The prior-year quarter included a $674 million goodwill impairment and a $1,450 million indirect tax and discrete tax item. Source
Adjusted loss against prior-year profit: Adjusted net loss was $31 million, or $0.11 per share, against adjusted net income of $82 million, or $0.28 per share, a year earlier. Source
Rationalization charges excluded from adjusted: Pre-tax rationalization charges of $148 million were among the significant items excluded from adjusted earnings. Source
Segment operating income fell to $174 million: Total segment operating income was $174 million against $287 million a year earlier. Total segment operating margin was 3.8%, against 6.2%. Source

Americas segment

Americas sales and profit declined: Americas net sales were $2.7 billion, down 2.3% on the Chemical sale. Segment operating income was $96 million against $206 million, a 3.6% margin against 7.5%. Source
Chemical-adjusted Americas profit down $76M: Excluding the Chemical sale, Americas segment operating income fell $76 million. Goodyear Forward benefits partly offset the other drivers the release names. Source
Americas OE up, replacement down: Americas tire units were flat at 19.6 million. Replacement units fell 2.2%, while OE units rose 8.7% on market share gains. Source

“But as challenging industry conditions persist, incremental improvements alone won't get us to where we need to be,”
Mark Stewart, Goodyear’s chief executive officer and president

EMEA segment

EMEA sales fell on Dunlop sale: EMEA net sales were $1.4 billion, down 3.7%, on the Dunlop sale and lower tire volume. Tire units fell 6.7% to 11.1 million; segment operating income was $12 million against $30 million. Source
EMEA OE gains against lower replacement: Replacement units fell 11.3% on consumer softness and planned SKU rationalization. OE units rose 5.5%, the 11th consecutive quarter of consumer share gains. Source
EMEA profit up before Dunlop sale: Excluding the Dunlop sale, EMEA segment operating income rose $5 million on price/mix against raw materials and Goodyear Forward; inflation and lower volume partly offset. Source

Asia Pacific segment

Asia Pacific profit up $15 million: Segment operating income was $66 million, against $51 million, and margin was 12.9% against 10.2%. Price/mix and Goodyear Forward benefits were partly offset by lower volume. Source
Asia Pacific net sales rose 1.8%: Net sales were $510 million, up 1.8%, as price/mix benefits were partly offset by lower tire volume, which fell 6.0%. Source
Replacement and OE volumes declined: Replacement volume fell 8.2% on planned SKU rationalization. OE volume fell 3.9%, driven mainly by China. Source

Costs, margins and pricing

Volume, inflation and tariffs cut profit: Management's bridge attributes the segment profit decline to lower volume of $77 million, inflation of $69 million, and higher tariffs and other costs of $48 million. Source
Goodyear Forward and price/mix offset: Goodyear Forward delivered $90 million, and favorable price/mix against raw material costs added $76 million, partly offsetting the decline. Source
Quarterly cost of goods sold edged up: Cost of goods sold was $3,817 million against $3,801 million in the year-earlier quarter. Selling, administrative and general expense was $665 million against $676 million. Source

Demand, volumes and mix

Higher-value consumer tires reached 44%: Products of 18 inches and above made up 44% of sales volumes, up from 39% a year earlier, according to the release's description of the mix shift. Source
Total tire units down 3.3%: Tire units totaled 38.6 million, down 3.3%, with lower replacement volume partly offset by higher OE volumes from market share gains. Source
Americas nine-month units lower: Americas tire units for the nine months were 52.3 million against 57.1 million a year earlier. Source

Capital, cash and balance sheet

Nine-month cash used in operations: Operating cash flow used $764 million over nine months against $716 million a year earlier. Capital expenditures were $481 million against $649 million. Source
Current debt rose to $990 million: Long-term debt and finance leases due within one year were $990 million against $364 million. The long-term portion was $6,030 million against $5,328 million. Source
Asset sale proceeds lower year on year: Nine-month asset dispositions totaled $38 million against $1,332 million a year earlier, when the Dunlop brand sale closed in May 2025. Source

Strategy, transformation and leadership

Portfolio and footprint progress cited: Management said the company has made progress strengthening its product portfolio and optimizing its manufacturing footprint. Source
Transformation office aims at cash: Management said the transformation office is meant to drive structural changes that give the business more consistent free cash flow. Source
Stewart and interim CFO named for call: The release names Mark Stewart, CEO and president, and Scott Deakin, interim executive vice president and chief financial officer, as leads of the investor call. Source

Figures management reported

Figure	Reported
Tire unit volume Source	38.6 million units, down 3.3% YoY
18-inch and above share of sales volumes Source	44%, up from 39% a year ago

Risks management discussed

Demand: Management cited continued market challenges in the quarter, and the release gives no date for when they end. Source
Operational: Management named factory utilization and cost absorption pressures in the Americas as offsetting gains in Asia Pacific and EMEA. Source

Other quarters

Summarised with AI from the documents the company filed with the SEC. Every point is checked against the filing before it is shown: management’s own words word for word, figures against the line or table row they come from. A point that fails the check is left out. Source opens the filing at that line.

As filed with the SEC

Open the filing on EDGAR

FOR IMMEDIATE RELEASENEWS RELEASE

Financial Results Business Segment Results ASIA PACIFIC Forward-Looking Statements Non-GAAP Financial Measures (unaudited) The Goodyear Tire & Rubber Company and Subsidiaries Table 2: Consolidated Balance Sheets Table 3: Consolidated Statements of Cash Flows Table 4: Reconciliation of Segment Operating Income & Margin Table 5: Reconciliation of Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per Share Nine Months 2026

Forward-looking statements notice

MEDIA CONTACT: KELLY MCGLUMPHYKELLY_MCGLUMPHY@GOODYEAR.COMANALYST CONTACT: RYAN REEDRYAN_REED@GOODYEAR.COM Goodyear's third quarter 2026 net sales were $4.5 billion, with tire unit volumes totaling 38.6 million. After AMERICAS Third QuarterNine Months(In millions)2026202520262025Tire Units7.98.423.323.7Net Sales$510$501$1,461$1,434Segment Operating Income $66$51$186$139Segment Operating Margin12.9%10.2%12.7%9.7% Certain information contained in this news release constitutes forward-looking statements for purposes of the This news release presents non-GAAP financial measures, including Total Segment Operating Income and Financial Tables (Unaudited) September 30,December 31,(In millions, except share data)20262025Assets:Current Assets: Cash and Cash Equivalents$812$801Accounts Receivable, less Allowance - $95 ($89 in 2025)3,0812,341 Inventories: Raw Materials585616 Work in Process198195 Finished Products2,9652,7613,7483,572 Assets Held for Sale - 58 Prepaid Expenses and Other Current Assets298446 Total Current Assets7,9397,218Goodwill4442Intangible Assets640663Deferred Income Taxes352348Other Assets1,1261,096Operating Lease Right-of-Use Assets947998Property, Plant and Equipment, less Accumulated Depreciation - $12,450 ($12,390 in 2025)7,4527,843 Total Assets$18,500$18,208Liabilities:Current Liabilities: Accounts Payable - Trade$3,810$3,879 Compensation and Benefits589578 Other Current Liabilities1,1331,259 Notes Payable and Overdrafts349506 Operating Lease Liabilities due Within One Year190196 Long Term Debt and Finance Leases due Within One Year990364 Total Current Liabilities7,0616,782 Operating Lease Liabilities810862 Long Term Debt and Finance Leases6,0305,328 Compensation and Benefits761787 Deferred Income Taxes100105 Other Long Term Liabilities944941 Total Liabilities15,70614,805Commitments and Contingent LiabilitiesShareholders’ Equity:Goodyear Shareholders’ Equity: Common Stock, no par value:Authorized, 450 million shares, Outstanding shares - 288 million in 2026 (286 million in 2025)288286 Capital Surplus3,1793,175 Retained Earnings2,6693,360 Accumulated Other Comprehensive Loss(3,502)(3,588) Goodyear Shareholders’ Equity2,6343,233Minority Shareholders’ Equity - Nonredeemable160170 Total Shareholders’ Equity2,7943,403 Total Liabilities and Shareholders’ Equity$18,500$18,208 Nine Months EndedSeptember 30,(In millions)20262025Cash Flows from Operating Activities:Net Income (Loss)$(692)$(1,798) Adjustments to Reconcile Net Income (Loss) to Cash Flows from Operating Activities: Depreciation and Amortization731813 Amortization and Write-Off of Debt Issuance Costs1017 Goodwill Impairment - 674 Provision for Deferred Income Taxes(10)1,345 Net Pension Curtailments and Settlements772 Net Rationalization Charges281161 Rationalization Payments(161)(275) Net (Gain) Loss on Asset Sales(29)(700) Operating Lease Expense222238 Operating Lease Payments(215)(214) Pension Contributions and Direct Payments(34)(74) Changes in Operating Assets and Liabilities, Net of Asset Acquisitions and Dispositions: Accounts Receivable(711)(605) Inventories(159)(433) Accounts Payable - Trade(1)(172) Compensation and Benefits7156 Other Current Liabilities(154)299 Other Assets and Liabilities80(120) Total Cash Flows from Operating Activities(764)(716)Cash Flows from Investing Activities: Capital Expenditures(481)(649) Asset Dispositions381,332 Other Transactions2(20) Total Cash Flows from Investing Activities(441)663Cash Flows from Financing Activities: Short Term Debt and Overdrafts Incurred450856 Short Term Debt and Overdrafts Paid(605)(855) Long Term Debt Incurred8,77413,385 Long Term Debt Paid(7,410)(13,289) Other Transactions(38)(5) Total Cash Flows from Financing Activities1,17192Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash(7)27 Net Change in Cash, Cash Equivalents and Restricted Cash(41)66Cash, Cash Equivalents and Restricted Cash at Beginning of the Period910864 Cash, Cash Equivalents and Restricted Cash at End of the Period$869$930 Three Months EndedNine Months EndedSeptember 30,September 30,(In millions)2026202520262025Total Segment Operating Income$174$287$305$641 Less: Goodwill Impairment - 674 - 674 Rationalizations14821281161 Interest Expense111114311341 Other (Income) Expense199150147 Net (Gain) Loss on Asset Sales(9)1(29)(700) Asset Write-Offs, Accelerated Depreciation, and Accelerated Lease Costs, net715587142 Corporate Incentive Compensation Plans984044 Retained Expenses of Divested Operations45108 Other3251107121Income (Loss) before Income Taxes$(211)$(733)$(552)$(297)United States and Foreign Tax Expense281,4641401,501Less: Minority Shareholders' Net Income (Loss)(1)(2)(1)28Goodyear Net Income (Loss)$(238)$(2,195)$(691)$(1,826)Net Sales$4,540$4,645$12,671$13,363Return on Net Sales(5.2)%(47.3)%(5.5)%(13.7)%Total Segment Operating Margin3.8%6.2%2.4%4.8% Third Quarter 2026 (In millions, except per share amounts)As ReportedRationalizations, Asset Write-offs, Accelerated Depreciation and LeasesIndirect Tax Settlements and Discrete Tax ItemsColombia Labor Strike and EarthquakeAsset and Other SalesAs AdjustedNet Sales$12,671$ - $ - $ - $ - $12,671Cost of Goods Sold10,574(85)(8)(13) - 10,468Gross Margin2,09785813 - 2,203SAG2,036(2) - - - 2,034Rationalizations281(281) - - - - Interest Expense311 - - - - 311Other (Income) Expense50 - - - - 50Net (Gain) Loss on Asset Sales(29) - - - 29 - Pre-tax Income (Loss)(552)368813(29)(192)Taxes14013(19) - (6)128Minority Interest(1)1 - - - - Goodyear Net Income (Loss)$(691)$354$27$13$(23)$(320)EPS$(2.39)$1.22$0.09$0.04$(0.07)$(1.11) adjusting for the impact of the sales of its Chemical business and the Dunlop brand of $177 million, organic safe harbor provisions of The Private Securities Litigation Reform Act of 1995. There are a variety of factors, Margin, Adjusted Net Income (Loss), Adjusted Diluted Earnings Per Share (EPS), and organic earnings Third QuarterNine Months(In millions)2026202520262025Tire Units19.619.652.357.1Net Sales$2,675$2,737$7,120$7,901Segment Operating Income $96$206$123$502Segment Operating Margin3.6%7.5%1.7%6.4% Table 1: Consolidated Statements of Operations (In millions, except per share amounts)As ReportedRationalizations, Asset Write-offs, Accelerated Depreciation and LeasesColombia Labor Strike and EarthquakeIndirect Tax Settlements and Discrete Tax ItemsAsset and Other SalesAs AdjustedNet Sales$4,540$ - $ - $ - $ - $4,540Cost of Goods Sold3,817(70)(6) - - 3,741Gross Margin723706 - - 799SAG665(1) - - - 664Rationalizations148(148) - - - - Interest Expense111 - - - - 111Other (Income) Expense19 - - - - 19Net (Gain) Loss on Asset Sales(9) - - - 9 - Pre-tax Income (Loss)(211)2196 - (9)5Taxes284 - 7(3)36Minority Interest(1)1 - - - - Goodyear Net Income (Loss)$(238)$214$6$(7)$(6)$(31)EPS$(0.82)$0.74$0.02$(0.03)$(0.02)$(0.11) net sales increased 1.6% as a result of price/mix benefits, partially offset by lower volume. GOODYEAR ANNOUNCES THIRD QUARTER 2026 RESULTS many of which are beyond our control, that affect our operations, performance, business strategy and results measures, which are important financial measures for the company but are not financial measures defined by Three Months EndedNine Months EndedSeptember 30,September 30,(In millions, except per share amounts)2026202520262025Net Sales$4,540$4,645$12,671$13,363Cost of Goods Sold3,8173,80110,57411,019Selling, Administrative and General Expense6656762,0362,018Goodwill Impairment - 674 - 674Rationalizations14821281161Interest Expense111114311341Other (Income) Expense199150147Net (Gain) Loss on Asset Sales(9)1(29)(700)Income (Loss) before Income Taxes(211)(733)(552)(297)United States and Foreign Tax Expense281,4641401,501Net Income (Loss)(239)(2,197)(692)(1,798)Less: Minority Shareholders’ Net Income (Loss)(1)(2)(1)28Goodyear Net Income (Loss)$(238)$(2,195)$(691)$(1,826)Goodyear Net Income (Loss) - Per Share of Common StockBasic$(0.82)$(7.62)$(2.39)$(6.35)Weighted Average Shares Outstanding289288289287Diluted$(0.82)$(7.62)$(2.39)$(6.35)Weighted Average Shares Outstanding289288289287 and could cause our actual results and experience to differ materially from the assumptions, expectations and U.S. GAAP, and should not be construed as alternatives to corresponding financial measures presented in Third quarter 2026 Goodyear net loss was $238 million, or $0.82 per share, compared to Goodyear net loss Third Quarter Results Reflect Sequential Earnings Improvement Amid objectives expressed in any forward-looking statements. These factors include, but are not limited to: our accordance with U.S. GAAP. one year ago of $2.2 billion, or $7.62 per share. Third quarter 2026 included several significant items, Continued Market Challenges; Goodyear Advancing Next Phase ability to implement successfully our strategic initiatives; actions and initiatives taken by both current and Total Segment Operating Income is the sum of the individual strategic business units’ (SBUs’) Segment including, on a pre-tax basis, rationalization charges of $148 million. This significant item, and others, are of Transformation potential competitors; increases in the prices paid for raw materials and energy; inflationary cost pressures; Operating Income as determined in accordance with U.S. GAAP. Total Segment Operating Margin is Total excluded from adjusted earnings. delays or disruptions in our supply chain or the provision of services to us; a prolonged economic downturn Segment Operating Income divided by Net Sales as determined in accordance with U.S. GAAP. Management Third Quarter 2026 Overview Asia Pacific's third quarter 2026 net sales of $510 million increased 1.8% from the third quarter 2025 as a Third quarter 2026 adjusted net loss was $31 million, compared to adjusted net income of $82 million in the or period of economic uncertainty; deteriorating economic conditions or an inability to access capital markets; believes that Total Segment Operating Income and Margin are useful because they represent the aggregate Net sales of $4.5 billion, decreasing 2.3% year over year (YoY); up 1.6% organically YoY result of price/mix benefits, partially offset by lower tire volume. Tire unit volume decreased 6.0%. prior year's third quarter. Adjusted loss per share was $0.11, compared to adjusted earnings per share of Americas’ third quarter 2026 net sales of $2.7 billion were 2.3% lower than the previous year, driven by the a labor strike, work stoppage, labor shortage or other similar event; financial difficulties, work stoppages, value of income created by the company’s SBUs and exclude items not directly related to the SBUs for Tire unit volume of 38.6 million units, decreasing 3.3% YoY, driven by replacement market weakness partially Replacement volume decreased 8.2% driven by planned SKU rationalization. OE volume decreased 3.9% $0.28 in the prior year's third quarter. Per share amounts are diluted. sale of the Chemical business. Tire unit volume was flat. Replacement tire unit volume decreased 2.2%. labor shortages or supply disruptions at our suppliers or customers; the adequacy of our capital expenditures; performance evaluation purposes. The most directly comparable U.S. GAAP financial measures to Total offset by higher OE volumes reflecting market share gains driven primarily by China. Original Equipment (OE) tire unit volume increased 8.7%, reflecting market share gains. changes in tariffs, trade agreements or trade restrictions; foreign currency translation and transaction risks; Segment Operating Income and Margin are Goodyear Net Income (Loss) and Return on Net Sales (which is our failure to comply with a material covenant in our debt obligations; potential adverse consequences of Goodyear net loss of $238 million, or a loss of $31 million as adjusted Third quarter 2026 segment operating income of $66 million was $15 million higher than the prior year driven Segment operating income was $96 million, decreasing from $206 million last year. Excluding the impact of calculated by dividing Goodyear Net Income (Loss) by Net Sales). litigation involving the company; as well as the effects of more general factors such as changes in general by benefits from price/mix versus raw materials and Goodyear Forward, partially offset by the impact of lower the sale of the Chemical business, Americas' segment operating income decreased $76 million driven by the Segment operating income of $174 million; organic results improved YoY in Asia Pacific and EMEA offset by Adjusted Net Income (Loss) is Goodyear Net Income (Loss) as determined in accordance with U.S. GAAP Segment Results market, economic or political conditions or in legislation, regulation or public policy. Additional factors are volume. impact of factory utilization, inflation and other costs, partially offset by Goodyear Forward benefits. factory utilization and cost absorption pressures in the Americas adjusted for certain significant items. Adjusted Diluted Earnings Per Share (EPS) is the company’s Adjusted discussed in our filings with the Securities and Exchange Commission, including our annual report on Form The company reported segment operating income of $174 million in the third quarter of 2026, compared to Net Income (Loss) divided by Weighted Average Shares Outstanding-Diluted as determined in accordance Continued progress shifting toward higher-value consumer tires; 18" and above products represent 44% of 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. In addition, any forward-looking $287 million from one year ago. with U.S. GAAP. Management believes that Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per sales volumes, up from 39% a year ago EMEA statements represent our estimates only as of today and should not be relied upon as representing our

Nine Months 2025

Forward-looking statements notice

After adjusting for the sales of its Chemical business and the Dunlop brand, segment operating income Share (EPS) are useful because they represent how management reviews the operating results of the company estimates as of any subsequent date. While we may elect to update forward-looking statements at some Dedicated transformation office established to accelerate evaluation and execution of opportunities to improve Third QuarterNine Months(In millions)2026202520262025Tire Units11.112.033.535.6Net Sales$1,355$1,407$4,090$4,028Segment Operating Income (Loss)$12$30$(4)$ - Segment Operating Margin0.9%2.1%(0.1%) - Third Quarter 2025 (In millions, except per share amounts)As ReportedIndirect Tax Settlements and Discrete Tax ItemsGoodwill ImpairmentRationalizations, Asset Write-offs, Accelerated Depreciation and LeasesPension Settlement ChargesGoodyear Forward and Other Transaction CostsAsset and Other SalesAs AdjustedNet Sales$13,363$ - $ - $ - $ - $ - $ - $13,363Cost of Goods Sold11,019 - - (134) - - - 10,885Gross Margin2,344 - - 134 - - - 2,478SAG2,018 - - (8) - (9) - 2,001Goodwill Impairment674 - (674) - - - - - Rationalizations161 - - (161) - - - - Interest Expense341 - - - - - - 341Other (Income) Expense147 - - - (72)(10) - 65Net (Gain) Loss on Asset Sales(700) - - - - - 700 - Pre-tax Income (Loss)(297) - 6743037219(700)71Taxes1,501(1,446) - 3213(46)45Minority Interest28 - - 1 - - (26)3Goodyear Net Income (Loss)$(1,826)$1,446$674$270$71$16$(628)$23EPS$(6.35)$5.03$2.34$0.94$0.25$0.06$(2.19)$0.08 decreased $57 million. The decrease in segment operating income reflects the impact of lower volume of $77 excluding the impacts of rationalizations, asset write-offs, accelerated depreciation, discrete tax items, structural returns and cash generation point in the future, we specifically disclaim any obligation to do so, even if our estimates change. million, inflation of $69 million, and higher tariffs and other costs of $48 million, partially offset by $90 million impairments, asset sales and certain other significant items. (In millions, except per share amounts)As ReportedIndirect Tax Settlements and Discrete Tax ItemsGoodwill ImpairmentRationalizations, Asset Write-offs, Accelerated Depreciation and LeasesPension Settlement ChargesGoodyear Forward and Other Transaction CostsAsset and Other SalesAs AdjustedNet Sales$4,645$ - $ - $ - $ - $ - $ - $4,645Cost of Goods Sold3,801 - - (52) - - - 3,749Gross Margin844 - - 52 - - - 896SAG676 - - (3) - (4) - 669Goodwill Impairment674 - (674) - - - - - Rationalizations21 - - (21) - - - - Interest Expense114 - - - - - - 114Other (Income) Expense91 - - - (68)(4) - 19Net (Gain) Loss on Asset Sales1 - - - - - (1) - Pre-tax Income (Loss)(733) - 67476688194Taxes1,464(1,450) - - - - - 14Minority Interest(2) - - - - - - (2)Goodyear Net Income (Loss)$(2,195)$1,450$674$76$68$8$1$82EPS$(7.62)$5.04$2.34$0.25$0.24$0.03$ - $0.28 of benefits from Goodyear Forward and favorable price/mix versus raw material costs of $76 million. Conference Call Organic earnings measures, including organic Net Sales growth, are non-GAAP financial measures that AKRON, Ohio, Nov. 4, 2026 - The Goodyear Tire & Rubber Company (NASDAQ:GT) reported third quarter 2026 The company will host an investor call on Thursday, Nov. 5, 2026, at 8:30 a.m. Eastern time. Please visit exclude the direct impacts of the divestitures of the Dunlop brand and Chemical business from year-over-year results today and will host an investor call tomorrow morning, Thursday, Nov. 5, at 8:30 a.m. Eastern time led Goodyear’s investor relations website: http://investor.goodyear.com, for additional earnings materials. comparisons. We believe these measures provide investors with a supplemental understanding of underlying Additional earnings materials can be found on Goodyear’s investor relations website at http:// by Mark Stewart, Goodyear’s chief executive officer and president, and Scott Deakin, the company’s interim earnings trends by providing comparisons on a constant basis. We completed the sale of the Dunlop brand investor.goodyear.com. executive vice president and chief financial officer. The investor call can be accessed on the website or via telephone by calling either (833) 419-0865 or (785) and our Chemical business in May 2025 and October 2025, respectively. 838-9333 before 8:25 a.m. Eastern time and providing the conference ID “Goodyear.” A replay will be available EMEA’s third quarter 2026 net sales of $1.4 billion decreased 3.7% from third quarter 2025, driven by the sale "While our third quarter results reflected meaningful sequential earnings improvement, our financial by calling (800) 723-0607 or (402) 220-2658. The replay will also be available on Goodyear’s investor relations It should be noted that other companies may calculate similarly-titled non-GAAP financial measures of the Dunlop brand and lower tire volume. Tire unit volume decreased 6.7%. Replacement unit volume performance remains below our expectations. We've made real progress in strengthening our product portfolio website. differently and, as a result, the measures presented herein may not be comparable to such similarly-titled decreased 11.3%, driven by consumer market softness and planned SKU rationalization. OE tire unit volume Reconciliation of Non-GAAP Financial Measures and optimizing our manufacturing footprint. But as challenging industry conditions persist, incremental measures reported by other companies. See the following tables for reconciliations of historical Total increased 5.5%, reflecting the 11th consecutive quarter of consumer market share gains. improvements alone won't get us to where we need to be," said Stewart. "To get there, we've established a See “Non-GAAP Financial Measures” and “Financial Tables” for further explanation and reconciliation tables Segment Operating Income and Margin, Adjusted Net Income (Loss) and Adjusted Diluted Earnings Per Share

About Goodyear

Third quarter segment operating income was $12 million, decreasing $18 million from the prior year. dedicated transformation office to pursue broader operational and strategic opportunities and to drive for historical Total Segment Operating Income and Margin; Adjusted Net Income (Loss); and Adjusted Diluted to the most directly comparable U.S. GAAP financial measures. Goodyear is one of the world's largest tire companies. It employs about 60,000 people and manufactures its Excluding the impact of the sale of the Dunlop brand, EMEA's segment operating income increased $5 million, structural changes that will allow the business to generate more consistent free cash flow." Earnings per Share, reflecting the impact of certain significant items on the 2026 and 2025 periods. Organic products in 46 facilities in 19 countries around the world. Its two Innovation Centers in Akron, Ohio, and driven by benefits from price/mix versus raw materials and Goodyear Forward, partly offset by inflation, other earnings measures exclude the impact of divestitures; see "Non-GAAP Financial Measures" for additional Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology manufacturing expenses and the impact of lower volume. details. and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.

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