O-I Glass Financial Statements
NYSE: OIConsumer DiscretionaryContainers/PackagingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
O-I Glass revenue and earnings
In fiscal 2025, O-I Glass generated $6.43 billion in revenue, down 1.6% from fiscal 2024, its first annual decline since 2024. O-I Glass reported a net loss of $129.0 million, compared with a loss of $106.0 million a year earlier. Gross margin was 17.3% (up from 16.0%).
Diluted earnings per share came in at -$0.84. Over the last 5 fiscal years, OI's revenue has grown at a 1.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
O-I Glass income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.43B | 6.53B | 7.11B | 6.86B | 6.36B | 6.09B | 6.69B | 6.88B | 6.87B | 6.70B |
| Revenue growth (YoY) | -1.61% | -8.08% | +3.63% | +7.85% | +4.37% | -8.97% | -2.70% | +0.12% | +2.49% | +8.87% |
| Cost of Revenue | 5.32B | 5.49B | 5.61B | 5.64B | 5.27B | 5.12B | 5.48B | 5.59B | 5.54B | 5.49B |
| Gross Profit | 1.11B | 1.04B | 1.50B | 1.21B | 1.09B | 972.00M | 1.21B | 1.28B | 1.33B | 1.31B |
| Operating Expenses | — | 1.01B | 1.43B | 408.00M | 759.00M | 619.00M | — | — | — | — |
| Research & Development | 42.00M | 80.00M | 92.00M | 79.00M | 82.00M | 75.00M | 68.00M | 70.00M | 60.00M | 65.00M |
| Selling, General & Admin | 434.00M | 445.00M | 540.00M | 496.00M | 433.00M | 403.00M | 439.00M | 483.00M | 484.00M | 503.00M |
| Operating Income | — | 38.00M | 67.00M | 805.00M | 332.00M | 353.00M | — | — | — | — |
| Interest Expense | 341.00M | 335.00M | 342.00M | 239.00M | 216.00M | 265.00M | 311.00M | 261.00M | 268.00M | 272.00M |
| Other Income (Expense) | 3.00M | -3.00M | -10.00M | -6.00M | 3.00M | -9.00M | -4.00M | 41.00M | 7.00M | 14.00M |
| Pretax Income | -49.00M | 38.00M | 67.00M | 960.00M | 332.00M | 353.00M | -261.00M | 277.00M | 275.00M | 356.00M |
| Income Tax | 54.00M | 126.00M | 152.00M | 178.00M | 167.00M | 89.00M | 118.00M | 108.00M | 70.00M | 119.00M |
| Net Income | -129.00M | -106.00M | -103.00M | 584.00M | 149.00M | 249.00M | -400.00M | 257.00M | 180.00M | 209.00M |
| Net Income growth (YoY) | — | — | -117.64% | +291.95% | -40.16% | — | -255.64% | +42.78% | -13.88% | +54.81% |
| EPS (Basic) | -0.84 | -0.69 | -0.67 | 3.76 | 0.95 | 1.59 | -2.58 | 1.61 | 1.11 | 1.29 |
| EPS (Diluted) | -0.84 | -0.69 | -0.67 | 3.67 | 0.93 | 1.57 | -2.58 | 1.59 | 1.10 | 1.28 |
| Shares Outstanding (Basic) | 153.55M | 154.55M | 154.65M | 155.31M | 157.15M | 156.81M | 155.25M | 160.13M | 162.74M | 161.86M |
| Shares Outstanding (Diluted) | 153.55M | 154.55M | 154.65M | 158.99M | 160.31M | 158.78M | 155.25M | 162.09M | 164.65M | 162.82M |
| EBITDA | — | 524.00M | 550.00M | 1.26B | 781.00M | 821.00M | — | — | — | — |
| Gross Margin | 17.26% | 16.00% | 21.06% | 17.69% | 17.16% | 15.96% | 18.05% | 18.66% | 19.41% | 19.55% |
| Operating Margin | — | 58.00% | 94.00% | 11.74% | 5.22% | 5.80% | — | — | — | — |
| Net Margin | -2.01% | -1.62% | -145.00% | 8.52% | 2.34% | 4.09% | -5.98% | 3.74% | 2.62% | 3.12% |
This table shows 10 annual periods of O-I Glass's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow OI's reporting calendar. What is a income statement?