The financials
O-I Glass, Inc. by the numbers
O-I Glass, Inc. (OI) reported revenue of $1.67B in Q2 2026 (quarter ended Jun 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 Q2 2026 was Americas at $949M, 57% of the disclosed total, ahead of Europe at 42%.
| 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 | $949M | 57% |
| Europe | $704M | 42% |
| All Other | $15M | 0.9% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.67B (+8.3%)
Americas grew +0.64% year on yearAll Other -32% year on year
Segment Latestquarter on quarteryear on year
- Americas$949.0M$949.0MQoQ +9.0%year on year +0.64%+9.0%+0.64%
- Europe$704.0M$704.0MQoQ +7.5%year on year -5.0%+7.5%-5.0%
- All Other$15.0M$15.0MQoQ +7.1%year on year -32%+7.1%-32%
Packaging & Containers
Ranks #5 of 7 by Smart Score