O-I Glass (OI) Operating Expenses (2009 - 2026)
O-I Glass (OI) reported Operating Expenses of $101 million for Q2 2026, down 55.1% from $225 million a year earlier and down 30.8% from the prior quarter.
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Analysis
O-I Glass (OI) Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, O-I Glass' Operating Expenses came in at $737 million, down 16.6% year-over-year; for FY2025, it came in at $919 million, up 25.7% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 8.2% (FY2020 to FY2025).
- By year, Operating Expenses came in at $731 million in FY2024 (-0.1%), $732 million in FY2023 (+16.6%), $628 million in FY2022 (+14.2%) and $550 million in FY2021 (-11.3%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Expenses in data going back to Q1 2009.
- Year over year, Operating Expenses gained in five of the last eight quarters, with growth averaging 18.5%.
- The high point for year-over-year Operating Expenses in five years was Q4 2024 (growth of 75.4%); the low point was Q2 2026 (a decline of 55.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $146 million (Q1 2026), $316 million (Q4 2025) and $174 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.65 Bn | 20.58 Bn | 1.40 Bn | 1.09 Bn |
| 2 | International Paper | 21.34 Bn | 17.23 Bn | 1.66 Bn | 991.00 Mn |
| 3 | Packaging Corp Of America | 20.88 Bn | 18.41 Bn | 512.50 Mn | 179.30 Mn |
| 4 | Amcor | 19.78 Bn | 15.21 Bn | 1.34 Bn | 646.00 Mn |
| 5 | Ball | 15.12 Bn | 12.14 Bn | 697.00 Mn | 312.00 Mn |
| 6 | Crown Holdings | 11.68 Bn | 9.01 Bn | 748.00 Mn | 249.00 Mn |
| 7 | Sonoco Products | 4.94 Bn | 3.94 Bn | 392.38 Mn | 202.18 Mn |
| 8 | Silgan Holdings | 3.80 Bn | 1.54 Bn | 294.88 Mn | 144.94 Mn |
| 9 | Graphic Packaging Holding | 2.74 Bn | 1.96 Bn | 292.00 Mn | 186.00 Mn |
| 10 | O-I Glass | 889.69 Mn | -1.08 Bn | 214.00 Mn | 101.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 101.00 Mn |
| Mar 31, 2026 | 146.00 Mn |
| Dec 31, 2025 | 316.00 Mn |
| Sep 30, 2025 | 174.00 Mn |
| Jun 30, 2025 | 225.00 Mn |
| Mar 31, 2025 | 204.00 Mn |
| Dec 31, 2024 | 249.00 Mn |
| Sep 30, 2024 | 206.00 Mn |
| Jun 30, 2024 | 130.00 Mn |
| Mar 31, 2024 | 144.00 Mn |
| Dec 31, 2023 | 142.00 Mn |
| Sep 30, 2023 | 158.00 Mn |
| Jun 30, 2023 | 165.00 Mn |
| Mar 31, 2023 | 166.00 Mn |
| Dec 31, 2022 | 148.00 Mn |
| Sep 30, 2022 | 142.00 Mn |
| Jun 30, 2022 | 143.00 Mn |
| Mar 31, 2022 | 142.00 Mn |
| Dec 31, 2021 | 147.00 Mn |
| Sep 30, 2021 | 139.00 Mn |
API Access
O-I Glass Operating Expenses 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=operating-expenses&ticker=OI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=OI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();