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Goodyear Tire & Rubber Company GT Restructuring Charges
Restructuring Charges at other companies
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Where this comes from
Reported directly by Goodyear Tire & Rubber Company in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
The source filing: Goodyear Tire & Rubber Company’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 11:27 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-054032
| (In millions, except per share amounts) | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Net Sales (Note 2) | $4,250 | $4,465 | $8,131 | $8,718 |
| Cost of Goods Sold | 3,569 | 3,705 | 6,757 | 7,218 |
| Selling, Administrative and General Expense | 703 | 692 | 1,371 | 1,342 |
| Rationalizations (Note 3) | 29 | 59 | 133 | 140 |
| Interest Expense | 105 | 112 | 200 | 227 |
| Other (Income) Expense (Note 4) | 22 | 31 | 31 | 56 |
| Net (Gain) Loss on Asset Sales | (17) | (439) | (20) | (701) |
| Income (Loss) before Income Taxes | (161) | 305 | (341) | 436 |
ITEM 1. FINANCIAL STATEMENTS.
FAQ
- What is Goodyear Tire & Rubber Company's restructuring charges?
- Goodyear Tire & Rubber Company (GT) reported restructuring charges of $29M in Q2 2026.
- How has Goodyear Tire & Rubber Company's restructuring charges changed year-over-year?
- Goodyear Tire & Rubber Company's restructuring charges decreased by 50.8% year-over-year, from $59M to $29M.
- What is the long-term trend for Goodyear Tire & Rubber Company's restructuring charges?
- Over 4 years (2021 to 2025), Goodyear Tire & Rubber Company's restructuring charges has grown at a 20.2% compound annual growth rate (CAGR), from $93M to $194M.
- What does restructuring charges mean?
- One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.
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