Goodyear’s Q1 2026 Results Highlight Revenue Decline Amid Strategic Shifts
Goodyear reported $3.881 billion in sales and a $249 million net loss in Q1 2026, revealing ongoing cash burn and declining revenue. The company is pausing production at its Izmit, Turkey plant, shifting toward premium tires, and targeting $18.5 billion in revenue and $317.1 million in earnings by 2029, while analysts revise their expectations downward.
Jun 27, 2026