Goodyear Tire & Rubber

Q2 FY2026 EarningsQ2 FY26 results beat consensus on the top line but missed significantly on bottom-line and margin metrics. Revenue reached $4,250M (+3.5% vs. consensus), yet GAAP EPS of -$0.71 missed the -$0.66 estimate. Gross margin contracted to 16.0% (vs. 15.3% expected), while EBIT of $9.44M failed to translate into net profitability due to $161M in pre-tax losses. Strong performance in Asia Pacific was offset by steep volume declines in Americas (-8.7%) and EMEA, while the Goodyear Forward plan's $95M savings only partially mitigated $165M in higher conversion costs.