Oatly Group AB (OTLY) Research & Development (2020 - 2026)
Oatly Group AB (OTLY) recorded Research & Development of $4.56 million in Q3 2026, up 0.8% from $4.52 million a year earlier but down 1.6% from the prior quarter.
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Analysis
Oatly Group AB (OTLY) Research & Development (2020 - 2026) Analysis & Trends
On a TTM basis, Oatly Group AB's Research & Development came in at $19.12 million as of Sep 30, 2026, up 10.9% year-over-year; for FY2025, it came in at $18.57 million, down 38.4% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 22.1% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $30.14 million in FY2024 (+43.2%), $21.05 million in FY2023 (-5.5%), $22.26 million in FY2022 (+32.7%) and $16.77 million in FY2021 (+145.5%).
- Quarterly Research & Development has ranged from $3.73 million in Q4 2024 to $10.9 million in Q2 2024 over the past five years.
- On a year-over-year basis, Research & Development has increased for four consecutive quarters, with an average decline of 12.9% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 132.0% in Q3 2024, against a decline of 58.4% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.63 million (Q2 2026), $4.88 million (Q1 2026) and $5.05 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 413.22 Bn | 399.53 Bn | 8.45 Bn | - |
| 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 | - |
| 5 | Anheuser-Busch InBev | 148.28 Bn | 110.64 Bn | - | - |
| 6 | Monster Beverage | 88.63 Bn | 76.88 Bn | 1.42 Bn | - |
| 7 | Coca-Cola Europacific Partners | 53.10 Bn | 46.73 Bn | - | - |
| 8 | Keurig Dr Pepper | 50.04 Bn | 46.09 Bn | 3.07 Bn | - |
| 9 | Ambev | 43.10 Bn | 28.94 Bn | - | - |
| 10 | Oatly Group AB | 249.85 Mn | -26.00 Mn | 81.36 Mn | 4.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.56 Mn |
| Jun 30, 2026 | 4.63 Mn |
| Mar 31, 2026 | 4.88 Mn |
| Dec 31, 2025 | 5.05 Mn |
| Sep 30, 2025 | 4.52 Mn |
| Jun 30, 2025 | 4.61 Mn |
| Mar 31, 2025 | 4.39 Mn |
| Dec 31, 2024 | 3.73 Mn |
| Sep 30, 2024 | 10.87 Mn |
| Jun 30, 2024 | 10.90 Mn |
| Mar 31, 2024 | 4.64 Mn |
| Dec 31, 2023 | 5.33 Mn |
| Sep 30, 2023 | 4.68 Mn |
| Jun 30, 2023 | 5.32 Mn |
| Mar 31, 2023 | 5.71 Mn |
| Dec 31, 2022 | 7.04 Mn |
| Sep 30, 2022 | 5.25 Mn |
| Jun 30, 2022 | 5.72 Mn |
| Mar 31, 2022 | 4.26 Mn |
| Dec 31, 2021 | 5.68 Mn |
API Access
Oatly Group AB Research & Development 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=research-and-development&ticker=OTLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=OTLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();