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O-I Glass OI Operating Income

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Other financials

Income statement

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Revenue$1.7B-2.2%
Gross profit$214.0M-28.4%
Net income-$972.0M-19,340%
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:OperatingIncomeLoss.

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
Interest expense, net(86)(85)(165)(166)
Equity earnings29285551
Other expense, net (incl. goodwill impairment)(900)(118)(991)(200)
Earnings (loss) before income taxes(827)7(880)26
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)

Item 1. Financial Statements.

FAQ

What is O-I Glass's operating income?
O-I Glass (OI) reported operating income of -$827M in Q2 2026.
How has O-I Glass's operating income changed year-over-year?
O-I Glass's operating income decreased by 11914.3% year-over-year, from $7M to -$827M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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