Oatly Group AB OTLY
NASDAQ OTLY
$14.50 +0.26 (+1.83%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Oatly Group AB (OTLY) posted quarterly Cost of Revenue of $158.7 million for Q2 2026, up 12.79% year-over-year from $140.7 million in Q2 2025, and up 4.44% quarter-over-quarter from $152.0 million in Q1 2026.

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

Oatly Group AB (OTLY) has reported Cost of Revenue for 7 consecutive years, with $158.7 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Cost of Revenue rose 12.79% year-over-year to $158.7 million; the TTM figure through Jun 2026 stood at $620.2 million (up 7.93% YoY), while the FY2025 annual figure was $585.4 million, changed 0.3% from the prior year.
  • Cost of Revenue grew to $158.7 million in Q2 2026 per OTLY's latest filing, from $152.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $178.0 million in Q3 2022 and bottomed at $135.2 million in Q1 2025.
  • Historically, Cost of Revenue has averaged $153.2 million across 5 years, with a median of $152.9 million in 2024.
  • Annual changes were most pronounced in 2022 — Cost of Revenue surged 53.22% — and 2023, when it declined 12.92%.
  • Oatly Group AB's Cost of Revenue stood at $164.0 million in 2022, then dropped by 4.68% to $156.3 million in 2023, then retreated by 2.33% to $152.7 million in 2024, then climbed by 0.21% to $153.0 million in 2025, then grew by 3.73% to $158.7 million in 2026.
  • Business Quant data shows OTLY's Cost of Revenue at $158.7 million in Q2 2026, $152.0 million in Q1 2026, and $153.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Kraft Heinz 30.37 Bn 27.69 Bn 2.03 Bn 4.23 Bn
2 General Mills 21.49 Bn 21.03 Bn 1.60 Bn 3.01 Bn
3 Mccormick 14.93 Bn 14.60 Bn 778.20 Mn 1.16 Bn
4 Jbs 14.80 Bn 11.34 Bn 4.91 Bn 40.60 Bn
5 J M Smucker 13.21 Bn 13.15 Bn 862.10 Mn 1.41 Bn
6 Hormel Foods 13.14 Bn 12.28 Bn 518.51 Mn 2.45 Bn
7 Magnum Ice Cream 12.22 Bn 11.50 Bn - -
8 Darling Ingredients 10.40 Bn 10.24 Bn 503.37 Mn 1.22 Bn
9 Smithfield Foods 8.75 Bn 7.40 Bn 478.00 Mn 3.22 Bn
10 Oatly Group AB 455.96 Mn 411.31 Mn 81.36 Mn 158.73 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 158.73 Mn
Jun 30, 2026 158.73 Mn
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