O-I Glass (OI) Operating Expenses (2009 - 2026)
O-I Glass (OI) reported Operating Expenses of $146.0 million for Q1 2026, down 28.43% on a YoY basis from $204.0 million in Q1 2025, and down 53.8% quarter-over-quarter from $316.0 million in Q4 2025.
O-I Glass (OI) Operating Expenses (2009 - 2026) Analysis & Trends
O-I Glass has reported Operating Expenses for 18 years, with the latest figure at $146.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 28.43% year-over-year to $146.0 million; the trailing twelve-month figure through Mar 2026 stood at $861.0 million (up 9.13% YoY), and the FY2025 full-year result was $919.0 million, up 25.72% from the prior year.
- Operating Expenses for Q1 2026 stood at $146.0 million, down from $316.0 million in the prior quarter.
- The five-year high for Operating Expenses was $316.0 million in Q4 2025, with the low at $130.0 million in Q2 2024.
- Historically, Operating Expenses has averaged $176.5 million across 5 years, with a median of $158.0 million in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses soared 75.35% — and 2026, when it decreased 28.43%.
- O-I Glass' Operating Expenses stood at $148.0 million in 2022, then decreased by 4.05% to $142.0 million in 2023, then surged by 75.35% to $249.0 million in 2024, then advanced by 26.91% to $316.0 million in 2025, then slumped by 53.8% to $146.0 million in 2026.
- The last three Operating Expenses figures came in at $146.0 million (Q1 2026), $316.0 million (Q4 2025), and $174.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.64 Bn | 20.99 Bn | 1.27 Bn | 961.00 Mn |
| 2 | Packaging Corp Of America | 20.07 Bn | 19.53 Bn | 452.90 Mn | 180.30 Mn |
| 3 | International Paper | 18.03 Bn | 16.73 Bn | 1.73 Bn | 943.00 Mn |
| 4 | Amcor | 17.99 Bn | 16.41 Bn | 1.19 Bn | 532.00 Mn |
| 5 | Ball | 14.38 Bn | 13.50 Bn | 646.00 Mn | 283.00 Mn |
| 6 | Avery Dennison | 12.23 Bn | 11.97 Bn | 664.80 Mn | 375.10 Mn |
| 7 | Crown Holdings | 10.71 Bn | 10.62 Bn | 644.00 Mn | 239.00 Mn |
| 8 | Sonoco Products | 4.95 Bn | 4.75 Bn | 345.63 Mn | 201.54 Mn |
| 9 | Reynolds Consumer Products | 4.85 Bn | 4.78 Bn | 207.00 Mn | 109.00 Mn |
| 10 | O-I Glass | 1.27 Bn | 932.85 Mn | 199.00 Mn | 146.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 144.00 Mn |