O-I Glass (OI) Operating Expenses (2009 - 2026)
O-I Glass' (OI) quarterly Operating Expenses came in at $101.0 million in Q2 2026, down 55.11% YoY from $225.0 million in Q2 2025, and down 30.82% on a QoQ basis from $146.0 million in Q1 2026.
O-I Glass (OI) Operating Expenses (2009 - 2026) Analysis & Trends
O-I Glass (OI) has 18 years of Operating Expenses data on file, last reported at $101.0 million in Q2 2026.
- Quarterly Operating Expenses fell 55.11% year-over-year to $101.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $737.0 million (down 16.63% YoY) and the FY2025 annual result came in at $919.0 million, up 25.72% from the prior year.
- Operating Expenses retreated to $101.0 million in Q2 2026, from $146.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $316.0 million in Q4 2025 to a low of $101.0 million in Q2 2026.
- A 5-year average of $172.3 million and a median of $153.0 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses soared 75.35% — and 2026, when it tumbled 55.11%.
- Tracing OI's Operating Expenses over 5 years: 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 plunged by 68.04% to $101.0 million in 2026.
- The last three Operating Expenses figures came in at $101.0 million (Q2 2026), $146.0 million (Q1 2026), and $316.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.18 Bn | 24.51 Bn | 1.40 Bn | 1.09 Bn |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 646.00 Mn |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | 179.30 Mn |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 991.00 Mn |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 312.00 Mn |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 394.80 Mn |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 249.00 Mn |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 202.18 Mn |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 107.00 Mn |
| 10 | O-I Glass | 980.08 Mn | 618.08 Mn | 214.00 Mn | 101.00 Mn |
Historic Data
Download 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 |