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Segments

By segment

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Europe-$33M+28.3%
Americas-$32M+23.8%

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%
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$1.08B-46.1%
Enterprise value$5.73B-13.8%
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:SellingGeneralAndAdministrativeExpense.

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
Net sales$1,668$1,706$3,207$3,273
Cost of goods sold(1,454)(1,407)(2,794)(2,694)
Gross profit214299413579
Selling and administrative expense(75)(106)(173)(213)
Research, development and engineering expense(9)(11)(19)(25)
Interest expense, net(86)(85)(165)(166)
Equity earnings29285551
Other expense, net (incl. goodwill impairment)(900)(118)(991)(200)

Item 1. Financial Statements.

FAQ

What is O-I Glass's SG&A?
O-I Glass (OI) reported SG&A of $75M in Q2 2026.
How has O-I Glass's SG&A changed year-over-year?
O-I Glass's SG&A decreased by 29.2% year-over-year, from $106M to $75M.
What is the long-term trend for O-I Glass's SG&A?
Over 4 years (2021 to 2025), O-I Glass's SG&A has grown at a 0.1% compound annual growth rate (CAGR), from $434M to $436M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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