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
DateValue
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