Goodyear reports Q3 2026 loss of $238M amid market challenges, advancing transformation efforts

Goodyear reported a net loss of $238 million in Q3 2026, improving from a $2.2 billion loss a year ago, despite a 2.3% decline in net sales to $4.5 billion. Tire volumes fell 3.3% due to replacement market weakness, though original equipment volumes rose. The company is focusing on higher-value consumer tires and has established a transformation office to boost returns and cash flow amid ongoing industry challenges. Segment operating income was $174 million, down from last year, reflecting inflation and cost pressures.

Goodyear's market cap stands at $1.28 billion as of Nov 05, 2026 04:12 WIB, with a trading volume of over 8 million shares on Pluang. The stock price rose 4.43% in one day to USD 4.48, reflecting strong buying interest with 100% of orders on Pluang being buys. Investors hold the stock for an average of 59 days, indicating a moderate-term investment horizon.