The financials
O-I Glass, Inc. by the numbers
O-I Glass, Inc. (OI) reported revenue of $1.67B in Q2 2026 (quarter ended June 30, 2026), down 2.2% from the same quarter a year earlier. That came with a gross margin of 13% and net loss of $972M. For the full year FY2025, revenue was $6.43B (−1.6% year on year) and net income −$129M. Its largest segment in 2026-Q1 was Americas at $871M, 57% of the disclosed total, just ahead of Europe at 43%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.67B | $1.71B | −2.2% |
| Gross profit | $214M | $299M | −28% |
| Operating income | −$827M | $7.0M | to a loss |
| Net income | −$972M | −$5.0M | n/a |
| Diluted EPS | −$6.33 | −$0.03 | n/a |
| Operating | Revenue | Share |
|---|---|---|
| Americas | $871M | 57% |
| Europe | $655M | 43% |
| All Other | $14M | 0.9% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.54B (-6.8%)
Americas grew -0.23% year on yearAll Other -48% year on year
Segment Latestquarter on quarteryear on year
- Americas$871.0M$871.0MQoQ -7.3%year on year -0.23%-7.3%-0.23%
- Europe$655.0M$655.0MQoQ -4.8%year on year -1.8%-4.8%-1.8%
- All Other$14.0M$14.0MQoQ -44%year on year -48%-44%-48%
Packaging & Containers
Ranks #15 of 15 by Smart Score