O-I Glass (OI) Cost of Revenue (2009 - 2026)
O-I Glass' Cost of Revenue was $1.45 billion in Q2 2026, up 3.3% from $1.41 billion a year earlier and up 8.4% from the prior quarter.
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Analysis
O-I Glass (OI) Cost of Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, O-I Glass' Cost of Revenue was $5.42 billion through Jun 30, 2026, down 1.1% year-over-year; for FY2025, it was $5.32 billion, down 3.1% from FY2024.
- Cost of Revenue has now declined for three consecutive years, though with a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $5.49 billion in FY2024 (-2.2%), $5.61 billion in FY2023 (-0.6%), $5.64 billion in FY2022 (+7.2%) and $5.27 billion in FY2021 (+2.9%).
- The Q2 2026 figure marks the highest quarterly Cost of Revenue since Q3 2024.
- Compared with a year earlier, Cost of Revenue was higher in four of the last eight quarters, with an average decline of 0.6%.
- The best year-over-year quarter for Cost of Revenue over five years was Q1 2022 (growth of 10.5%); the worst was Q3 2025 (a decline of 7.6%).
- Per Business Quant data, OI's Cost of Revenue in the three quarters before Q2 2026 was $1.34 billion (Q1 2026), $1.27 billion (Q4 2025) and $1.35 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 22.31 Bn | 19.24 Bn | 1.40 Bn | 6.63 Bn |
| 2 | Packaging Corp Of America | 20.37 Bn | 17.90 Bn | 512.50 Mn | 1.98 Bn |
| 3 | International Paper | 20.05 Bn | 15.94 Bn | 1.66 Bn | 4.34 Bn |
| 4 | Amcor | 19.36 Bn | 14.79 Bn | 1.34 Bn | 5.06 Bn |
| 5 | Ball | 14.92 Bn | 11.94 Bn | 697.00 Mn | 3.30 Bn |
| 6 | Crown Holdings | 11.54 Bn | 8.86 Bn | 748.00 Mn | 2.92 Bn |
| 7 | Sonoco Products | 4.82 Bn | 3.82 Bn | 392.38 Mn | 1.49 Bn |
| 8 | Silgan Holdings | 3.68 Bn | 1.43 Bn | 294.88 Mn | 1.35 Bn |
| 9 | Ardagh Metal Packaging | 2.66 Bn | 2.67 Bn | 238.00 Mn | 1.48 Bn |
| 10 | O-I Glass | 858.96 Mn | -1.11 Bn | 214.00 Mn | 1.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.45 Bn |
| Mar 31, 2026 | 1.34 Bn |
| Dec 31, 2025 | 1.27 Bn |
| Sep 30, 2025 | 1.35 Bn |
| Jun 30, 2025 | 1.41 Bn |
| Mar 31, 2025 | 1.29 Bn |
| Dec 31, 2024 | 1.32 Bn |
| Sep 30, 2024 | 1.46 Bn |
| Jun 30, 2024 | 1.43 Bn |
| Mar 31, 2024 | 1.28 Bn |
| Dec 31, 2023 | 1.41 Bn |
| Sep 30, 2023 | 1.38 Bn |
| Jun 30, 2023 | 1.47 Bn |
| Mar 31, 2023 | 1.35 Bn |
| Dec 31, 2022 | 1.43 Bn |
| Sep 30, 2022 | 1.37 Bn |
| Jun 30, 2022 | 1.45 Bn |
| Mar 31, 2022 | 1.39 Bn |
| Dec 31, 2021 | 1.35 Bn |
| Sep 30, 2021 | 1.31 Bn |
API Access
O-I Glass Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=OI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "OI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=OI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();