O-I Glass (OI) Operating Income (2009 - 2026)

O-I Glass (OI) reported Operating Income of -$53.0 million for Q1 2026, down 394.44% on a YoY basis from $18.0 million in Q1 2025, and up 43.01% quarter-over-quarter from -$93.0 million in Q4 2025.

O-I Glass (OI) Operating Income (2009 - 2026) Analysis & Trends

O-I Glass has reported Operating Income for 18 years, with the latest figure at -$53.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 394.44% year-over-year to -$53.0 million; the trailing twelve-month figure through Mar 2026 stood at -$81.0 million (up 10.0% YoY), and the FY2025 full-year result was -$10.0 million, down 225.0% from the prior year.
  • Operating Income for Q1 2026 stood at -$53.0 million, up from -$93.0 million in the prior quarter.
  • The five-year high for Operating Income was $328.0 million in Q2 2022, with the low at -$607.0 million in Q4 2022.
  • Historically, Operating Income has averaged $7.6 million across 5 years, with a median of $58.0 million in 2025.
  • Annual changes were most pronounced in 2022 — Operating Income surged 361.54% — and 2026, when it plunged 394.44%.
  • O-I Glass' Operating Income stood at -$607.0 million in 2022, then climbed by 18.95% to -$492.0 million in 2023, then surged by 68.5% to -$155.0 million in 2024, then jumped by 40.0% to -$93.0 million in 2025, then soared by 43.01% to -$53.0 million in 2026.
  • The last three Operating Income figures came in at -$53.0 million (Q1 2026), -$93.0 million (Q4 2025), and $58.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Smurfit Westrock 21.64 Bn 20.99 Bn 1.27 Bn 253.00 Mn
2 Packaging Corp Of America 20.07 Bn 19.53 Bn 452.90 Mn 251.30 Mn
3 International Paper 18.03 Bn 16.73 Bn 1.73 Bn 784.00 Mn
4 Amcor 17.99 Bn 16.41 Bn 1.19 Bn 461.00 Mn
5 Ball 14.38 Bn 13.50 Bn 646.00 Mn 363.00 Mn
6 Avery Dennison 12.23 Bn 11.97 Bn 664.80 Mn 289.70 Mn
7 Crown Holdings 10.71 Bn 10.62 Bn 644.00 Mn 365.00 Mn
8 Sonoco Products 4.95 Bn 4.75 Bn 345.63 Mn 127.09 Mn
9 Reynolds Consumer Products 4.85 Bn 4.78 Bn 207.00 Mn 98.00 Mn
10 O-I Glass 1.27 Bn 932.85 Mn 199.00 Mn -53.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -53.00 Mn
Dec 31, 2025 -93.00 Mn
Sep 30, 2025 58.00 Mn
Jun 30, 2025 7.00 Mn
Mar 31, 2025 18.00 Mn
Dec 31, 2024 -155.00 Mn
Sep 30, 2024 -57.00 Mn
Jun 30, 2024 104.00 Mn
Mar 31, 2024 117.00 Mn
Dec 31, 2023 -492.00 Mn
Sep 30, 2023 82.00 Mn
Jun 30, 2023 154.00 Mn
Mar 31, 2023 270.00 Mn
Dec 31, 2022 -607.00 Mn
Sep 30, 2022 278.00 Mn
Jun 30, 2022 328.00 Mn
Mar 31, 2022 170.00 Mn
Dec 31, 2021 -190.00 Mn
Sep 30, 2021 127.00 Mn
Jun 30, 2021 198.00 Mn