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Goodyear Tire & Rubber (GT) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

Goodyear Tire & Rubber (GT) reported revenue of $3.9B for the first quarter 2026 (Q1 2026), -9% from a year earlier and -21% from the quarter before. Operating margin was -4.6%, net loss $246M (6.3% of revenue).

Revenue$3.9B
Year over year-9%
Quarter over quarter-21%
Operating margin-4.6%
Net earnings−$246M

Goodyear Tire & Rubber, Q1 2026: revenue $3.9B (-9% year over year), operating margin -4.6%, net loss $246M, operating cash flow −$718M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$3.9B-21%-9%
Operating profit−$180M-210%-237%
Net earnings−$246M-334%-308%
Operating cash flow−$718M-147%—

What changed

Revenue was $3.9B in Q1 2026, down 9% year over year and down 21% from the previous quarter. Tire unit sales was the largest line at 85% of revenue. Tire unit sales lost $0.28B year over year (down 8%), 76% of the total change.

Operating costs exceeded revenue by $0.18B, an operating margin of -4.6%. Total costs fell 1% while revenue fell 9%. The quarter ended with a net loss of $0.25B, after a profit of $0.10B the previous quarter.

Operating cash flow was −$0.72B. Non-cash charges added back $0.24B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.72B. Capital expenditures of $0.17B exceeded it, leaving free cash flow of −$0.89B.

Questions

What was Goodyear Tire & Rubber's revenue in the first quarter 2026?

Goodyear Tire & Rubber (GT) reported revenue of $3.9B for the first quarter 2026 (Q1 2026), -9% from a year earlier and -21% from the quarter before.

Was Goodyear Tire & Rubber profitable in the first quarter 2026?

Operating loss was $180M (-4.6% of revenue) and net loss $246M.

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Source: Goodyear Tire & Rubber 10-Q on SEC EDGAR.