Oatly Group AB (OTLY) Operating Expenses (2020 - 2026)
Oatly Group AB's (OTLY) quarterly Operating Expenses came in at -$99.3 million in Q2 2026, down 11.95% year-over-year from -$112.8 million in Q2 2025, and down 12.41% quarter-over-quarter from -$88.3 million in Q1 2026.
Analysis
Oatly Group AB (OTLY) Operating Expenses (2020 - 2026) Analysis & Trends
Oatly Group AB (OTLY) has reported Operating Expenses for 7 consecutive years, with -$99.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 11.95% year-over-year to -$99.3 million in Q2 2026; TTM through Jun 2026 was -$341.0 million, a 2.91% decrease from a year earlier, with the FY2025 full-year figure at -$285.0 million, up 3.96% from the prior year.
- Operating Expenses was -$99.3 million for Q2 2026 at Oatly Group AB, down from -$88.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $95.2 million in Q2 2024 and troughed at -$112.0 million in Q2 2023.
- A 5-year average of -$81.1 million and a median of -$89.7 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 184.95% in 2024 and sank 193.23% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at -$97.7 million in 2022, then increased by 29.35% to -$69.0 million in 2023, then decreased by 1.68% to -$70.2 million in 2024, then fell by 5.04% to -$73.7 million in 2025, then slumped by 34.74% to -$99.3 million in 2026.
- The last three Operating Expenses figures came in at -$99.3 million (Q2 2026), -$88.3 million (Q1 2026), and -$73.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 376.77 Bn | 362.62 Bn | 8.42 Bn | 3.72 Bn |
| 2 | Pepsico | 186.88 Bn | 176.17 Bn | 13.11 Bn | 9.09 Bn |
| 3 | Monster Beverage | 83.76 Bn | 80.34 Bn | 1.42 Bn | 679.19 Mn |
| 4 | Keurig Dr Pepper | 43.72 Bn | 42.21 Bn | 3.07 Bn | 46.00 Mn |
| 5 | Andina Bottling | 23.05 Bn | -348.36 Bn | 698.26 Mn | 618.19 Mn |
| 6 | Coca Cola Femsa Sab De Cv | 18.74 Bn | 17.96 Bn | 2.06 Bn | 1.49 Bn |
| 7 | Coca-Cola Consolidated | 12.59 Bn | 12.42 Bn | 778.41 Mn | 507.07 Mn |
| 8 | Primo Brands | 7.62 Bn | 7.25 Bn | 548.70 Mn | 355.50 Mn |
| 9 | Celsius Holdings | 7.05 Bn | 6.42 Bn | 393.69 Mn | 318.67 Mn |
| 10 | Oatly Group AB | 380.31 Mn | 335.66 Mn | 81.36 Mn | -99.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -99.31 Mn |
| Mar 31, 2026 | -88.35 Mn |
| Dec 31, 2025 | -73.71 Mn |
| Sep 30, 2025 | -79.67 Mn |
| Jun 30, 2025 | -88.72 Mn |
| Mar 31, 2025 | -81.89 Mn |
| Dec 31, 2024 | -70.17 Mn |
| Sep 30, 2024 | -90.61 Mn |
| Jun 30, 2024 | 95.16 Mn |
| Mar 31, 2024 | -83.38 Mn |
| Dec 31, 2023 | -69.02 Mn |
| Sep 30, 2023 | -94.99 Mn |
| Jun 30, 2023 | -112.02 Mn |
| Mar 31, 2023 | -104.57 Mn |
| Dec 31, 2022 | -97.69 Mn |
| Sep 30, 2022 | -109.01 Mn |
| Jun 30, 2022 | -102.78 Mn |
| Mar 31, 2022 | -108.34 Mn |
| Dec 31, 2021 | -113.74 Mn |
| Sep 30, 2021 | -89.14 Mn |