Oatly Group AB (OTLY) Gross Margin (2020 - 2026)

Oatly Group AB (OTLY) has 7 years of Gross Margin data on file, last reported at 33.43% in Q1 2026.

• Gross Margin for Q1 2026 came in at 33.43%, up 188.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 32.59% (up 279.0% YoY), and the FY2025 annual result was 32.12%, up 341.0% from the prior year.
• Gross Margin retreated to 33.43% in Q1 2026 per OTLY's latest filing, from 34.54% in the prior quarter.
• Over five years, Gross Margin peaked at 34.54% in Q4 2025 and troughed at 2.72% in Q3 2022.
• A 5-year average of 23.41% and a median of 27.06% in 2024 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 2351 bps in 2022, then surged 1464 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 15.92% in 2022, then jumped by 47 bps to 23.41% in 2023, then gained by 23 bps to 28.75% in 2024, then increased by 20 bps to 34.54% in 2025, then fell by 3 bps to 33.43% in 2026.
• Business Quant data shows OTLY's Gross Margin at 33.43% in Q1 2026, 34.54% in Q4 2025, and 29.78% in Q3 2025.