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O-I Glass OI Europe — Cost of Goods Sold

Other segment segments

Americas
-$706M-0.4%

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Other financials

Income statement

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Revenue$1.5B-1.7%
Gross profit$199.0M-28.9%
Operating income-$53.0M-394%
Net income-$73.0M-356%
EPS (diluted)-$0.48-380%

Balance sheet

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Cash & equivalents$317.0M-25.2%
Total debt$5.0B-1.0%
Total equity$1.3B+19.9%
Total assets$9.0B+2.5%

Cash flow

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Operating cash flow-$294.0M-71.9%
CapEx$142.0M+5.2%
Free cash flow-$436.0M-42.5%

Valuation

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Market cap$1.47B-32.4%
Enterprise value$6.11B-9.6%
P/S0.2×-0.1×

Profitability

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Gross margin16.1%+0.6pp
Operating margin7.5%-5.1pp
Net margin-2.9%-0.1pp
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:CostOfGoodsAndServicesSold.

The official record: O-I Glass’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is O-I Glass's europe — cost of goods sold?
O-I Glass (OI) reported europe — cost of goods sold of -$622M in Q1 2026.
How has O-I Glass's europe — cost of goods sold changed year-over-year?
O-I Glass's europe — cost of goods sold decreased by 11.5% year-over-year, from -$558M to -$622M.
What is the long-term trend for O-I Glass's europe — cost of goods sold?
Over 3 years (2022 to 2025), O-I Glass's europe — cost of goods sold has grown at a -0.1% compound annual growth rate (CAGR), from -$2.26B to -$2.25B.
What does europe — cost of goods sold mean?
Includes the direct costs attributable to the production of glass bottles, such as raw materials, energy, and direct labor within the European operations. Monitoring this metric is essential for assessing manufacturing efficiency and the impact of input price volatility on segment margins.