Oatly Group AB (OTLY) Operating Expenses (2020 - 2026)

Oatly Group AB's (OTLY) quarterly Operating Expenses came in at -$88.3 million in Q1 2026, down 7.89% year-on-year from -$95.9 million in Q1 2025, and up 0.67% on a QoQ basis from -$88.9 million in Q4 2025.

Oatly Group AB (OTLY) Operating Expenses (2020 - 2026) Analysis & Trends

Oatly Group AB (OTLY) has 7 years of Operating Expenses data on file, last reported at -$88.3 million in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 7.89% year-over-year to -$88.3 million in Q1 2026; TTM through Mar 2026 was -$345.7 million, a 110.66% decrease from a year earlier, with the FY2025 full-year figure at $339.2 million, down 96.02% from the prior year.
  • Operating Expenses for Q1 2026 stood at -$88.3 million, up from -$88.9 million in the prior quarter.
  • Over the last five years, Operating Expenses for OTLY reached as high as $3.5 billion in Q4 2024 and fell as low as -$112.0 million in Q2 2023.
  • Historically, Operating Expenses has averaged $459.3 million across 5 years, with a median of -$88.9 million in 2025.
  • Across the five-year window, Operating Expenses jumped 2745.04% in 2022 and plunged 102.53% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $3.3 billion in 2022, then dropped by 29.29% to $2.3 billion in 2023, then surged by 50.7% to $3.5 billion in 2024, then plunged by 102.53% to -$88.9 million in 2025, then gained by 0.67% to -$88.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$88.3 million in Q1 2026, -$88.9 million in Q4 2025, and -$79.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Kraft Heinz 30.29 Bn 26.20 Bn 2.22 Bn 1.07 Bn
2 General Mills 19.35 Bn 18.90 Bn 1.60 Bn 3.70 Bn
3 Hormel Foods 13.90 Bn 13.04 Bn 518.51 Mn 318.62 Mn
4 Mccormick 13.45 Bn 13.12 Bn 778.20 Mn 441.80 Mn
5 Magnum Ice Cream 10.95 Bn 10.43 Bn - -
6 Smithfield Foods 10.34 Bn 8.95 Bn 511.00 Mn 180.00 Mn
7 Darling Ingredients 9.92 Bn 9.80 Bn 404.92 Mn 1.43 Bn
8 Oatly Group AB 8.23 Bn 8.23 Bn 76.34 Mn -88.35 Mn
9 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn 401.10 Mn
10 Lamb Weston Holdings 6.87 Bn 6.81 Bn 331.60 Mn 205.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -88.35 Mn
Dec 31, 2025 -88.94 Mn
Sep 30, 2025 -79.67 Mn
Jun 30, 2025 -88.72 Mn
Mar 31, 2025 -81.89 Mn
Dec 31, 2024 3.51 Bn
Sep 30, 2024 -90.61 Mn
Jun 30, 2024 -95.16 Mn
Mar 31, 2024 -83.38 Mn
Dec 31, 2023 2.33 Bn
Sep 30, 2023 -94.99 Mn
Jun 30, 2023 -112.02 Mn
Mar 31, 2023 -104.57 Mn
Dec 31, 2022 3.30 Bn
Sep 30, 2022 -109.01 Mn
Jun 30, 2022 -102.78 Mn
Mar 31, 2022 -108.34 Mn
Dec 31, 2021 -124.58 Mn
Sep 30, 2021 -89.14 Mn
Jun 30, 2021 -87.08 Mn