Oatly Group AB (OTLY) Cost of Revenue (2020 - 2026)

Oatly Group AB's (OTLY) quarterly Cost of Revenue came in at $152.0 million in Q1 2026, up 12.41% year-on-year from $135.2 million in Q1 2025, and down 0.68% on a QoQ basis from $153.0 million in Q4 2025.

Oatly Group AB (OTLY) Cost of Revenue (2020 - 2026) Analysis & Trends

Oatly Group AB (OTLY) has 7 years of Cost of Revenue data on file, last reported at $152.0 million in Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 12.41% year-over-year to $152.0 million in Q1 2026; TTM through Mar 2026 was $602.2 million, a 4.34% increase from a year earlier, with the FY2025 full-year figure at $585.4 million, changed 0.3% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $152.0 million, down from $153.0 million in the prior quarter.
  • Over the last five years, Cost of Revenue for OTLY reached as high as $178.0 million in Q3 2022 and fell as low as $135.2 million in Q1 2025.
  • Historically, Cost of Revenue has averaged $152.8 million across 5 years, with a median of $152.7 million in 2024.
  • Across the five-year window, Cost of Revenue soared 53.22% in 2022 and slipped 12.92% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $164.0 million in 2022, then fell by 4.68% to $156.3 million in 2023, then slipped by 2.33% to $152.7 million in 2024, then increased by 0.21% to $153.0 million in 2025, then decreased by 0.68% to $152.0 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $152.0 million in Q1 2026, $153.0 million in Q4 2025, and $156.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Kraft Heinz 30.29 Bn 26.20 Bn 2.22 Bn 3.83 Bn
2 General Mills 19.35 Bn 18.90 Bn 1.60 Bn 3.01 Bn
3 Hormel Foods 13.90 Bn 13.04 Bn 518.51 Mn 2.45 Bn
4 Mccormick 13.45 Bn 13.12 Bn 778.20 Mn 1.16 Bn
5 Magnum Ice Cream 10.95 Bn 10.43 Bn - -
6 Smithfield Foods 10.34 Bn 8.95 Bn 511.00 Mn 3.29 Bn
7 Darling Ingredients 9.92 Bn 9.80 Bn 404.92 Mn 1.15 Bn
8 Oatly Group AB 8.23 Bn 8.23 Bn 76.34 Mn 151.99 Mn
9 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn 2.18 Bn
10 Lamb Weston Holdings 6.87 Bn 6.81 Bn 331.60 Mn 1.23 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 151.99 Mn
Mar 31, 2026 151.99 Mn
Dec 31, 2025 153.02 Mn
Dec 31, 2025 153.02 Mn
Sep 30, 2025 156.45 Mn
Sep 30, 2025 156.45 Mn
Jun 30, 2025 140.73 Mn
Jun 30, 2025 140.73 Mn
Mar 31, 2025 135.20 Mn
Mar 31, 2025 135.20 Mn
Dec 31, 2024 152.70 Mn
Dec 31, 2024 152.70 Mn
Sep 30, 2024 145.98 Mn
Sep 30, 2024 145.98 Mn
Jun 30, 2024 143.24 Mn
Jun 30, 2024 143.24 Mn
Mar 31, 2024 145.26 Mn
Mar 31, 2024 145.26 Mn
Dec 31, 2023 156.34 Mn
Dec 31, 2023 156.34 Mn