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O-I Glass OI Net Income

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Other financials

Income statement

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Revenue$1.7B-2.2%
Gross profit$214.0M-28.4%
Operating income-$827.0M-11,914%
EPS (diluted)-$6.33-21,000%

Balance sheet

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Cash & equivalents$339.0M-30.4%
Total debt$5.0B-2.9%
Total equity$1.3B+19.9%
Total assets$8.1B-11.9%

Cash flow

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Operating cash flow-$294.0M-71.9%
CapEx$95.0M-8.7%
Free cash flow-$1.0M

Valuation

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Market cap$1.09B-45.4%
Enterprise value$5.74B-13.7%
P/S0.2×-0.1×

Profitability

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Gross margin14.8%-0.6pp
Operating margin7.5%-5.1pp
Net margin-18.1%-25.1pp
FCF margin4.1%

Returns & leverage

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Return on equity-10.9%+7.0pp
Debt / equity4.1×-0.6×
Current ratio1.3×0.0×

Where this comes from

Reported directly by O-I Glass in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: O-I Glass’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:30 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-088166
Line itemThree months ended / June 30, 2026Three months ended / June 30, 2025Six months ended / June 30, 2026Six months ended / June 30, 2025
Provision for income taxes(138)(6)(156)(36)
Net earnings (loss)(965)1(1,036)(10)
Net earnings attributable to non-controlling interests(7)(6)(10)(10)
Net loss attributable to the Company$(972)$(5)$(1,046)$(20)
Basic earnings per share:
Net loss attributable to the Company$(6.33)$(0.03)$(6.83)$(0.13)
Weighted average shares outstanding (thousands)153,498153,993153,093153,851
Diluted earnings per share:

Item 1. Financial Statements.

FAQ

What is O-I Glass's net income?
O-I Glass (OI) reported net income of -$972M in Q2 2026.
How has O-I Glass's net income changed year-over-year?
O-I Glass's net income decreased by 19340.0% year-over-year, from -$5M to -$972M.
What is the long-term trend for O-I Glass's net income?
Over 4 years (2021 to 2025), O-I Glass's net income has grown at a -3.5% compound annual growth rate (CAGR), from $149M to -$129M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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