Oatly Group AB (OTLY) Net Margin (2020 - 2026)
Oatly Group AB (OTLY) recorded Net Margin of -11.30% in Q3 2026, up 18.01 percentage points from -29.30% a year earlier and up 1.73 percentage points from the prior quarter.
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Oatly Group AB (OTLY) Net Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Oatly Group AB's Net Margin came in at -9.51% as of Sep 30, 2026, up 17.16 percentage points year-over-year; for FY2025, it was -17.71%, up 6.80 percentage points from FY2024.
- Annual Net Margin has increased for three straight years, though with a five-year change of -3.39 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -24.52% in FY2024 (+28.70 pp), -53.22% in FY2023 (+1.14 pp), -54.35% in FY2022 (-21.33 pp) and -33.02% in FY2021 (-18.70 pp).
- Quarterly Net Margin has ranged from -146.32% in Q4 2023 to 23.50% in Q3 2023 over the past five years.
- On a year-over-year basis, Net Margin has increased for four consecutive quarters, with an average year-over-year change of +20.40 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 103.76 percentage points in Q4 2024, against a drop of 82.15 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -13.03% (Q2 2026), -5.26% (Q1 2026) and -8.19% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 413.22 Bn | 399.53 Bn | 8.45 Bn | 29.96% |
| 2 | Diageo | 224.45 Bn | 204.52 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 196.49 Bn | 189.17 Bn | - | - |
| 4 | Pepsico | 192.84 Bn | 150.60 Bn | 13.75 Bn | 12.06% |
| 5 | Anheuser-Busch InBev | 148.28 Bn | 110.64 Bn | - | - |
| 6 | Monster Beverage | 88.63 Bn | 76.88 Bn | 1.42 Bn | 23.04% |
| 7 | Coca-Cola Europacific Partners | 53.10 Bn | 46.73 Bn | - | - |
| 8 | Keurig Dr Pepper | 50.04 Bn | 46.09 Bn | 3.07 Bn | 1.94% |
| 9 | Ambev | 43.10 Bn | 28.94 Bn | - | - |
| 10 | Oatly Group AB | 249.85 Mn | -26.00 Mn | 81.36 Mn | -13.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -11.30% |
| Jun 30, 2026 | -13.03% |
| Mar 31, 2026 | -5.26% |
| Dec 31, 2025 | -8.19% |
| Sep 30, 2025 | -29.30% |
| Jun 30, 2025 | -26.83% |
| Mar 31, 2025 | -6.29% |
| Dec 31, 2024 | -42.56% |
| Sep 30, 2024 | -16.62% |
| Jun 30, 2024 | -15.03% |
| Mar 31, 2024 | -23.00% |
| Dec 31, 2023 | -146.32% |
| Sep 30, 2023 | 23.50% |
| Jun 30, 2023 | -44.25% |
| Mar 31, 2023 | -38.63% |
| Dec 31, 2022 | -64.17% |
| Sep 30, 2022 | -58.98% |
| Jun 30, 2022 | -40.45% |
| Mar 31, 2022 | -52.63% |
| Dec 31, 2021 | -42.90% |
API Access
Oatly Group AB Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=OTLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "OTLY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=OTLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();