Filing Flows › O-I Glass (OI) › Q3 2025
O-I Glass (OI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
O-I Glass (OI) reported revenue of $1.7B for the third quarter 2025 (Q3 2025), -2% from a year earlier and -3% from the quarter before. Operating margin was 3.5%, net earnings $30.0M (1.8% of revenue).
O-I Glass, Q3 2025: revenue $1.7B (-2% year over year), operating margin 3.5%, net earnings $30.0M, operating cash flow $214M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | -3% | -2% |
| Gross profit | $300M | +0.3% | +40% |
| Operating profit | $58.0M | +729% | — |
| Net earnings | $30.0M | — | — |
| Operating cash flow | $214M | +38% | +12% |
| Free cash flow | $114M | +124% | +107% |
What changed
Revenue was $1.7B in Q3 2025, down 2% year over year and down 3% from the previous quarter. Americas was the largest line at 57% of revenue. Europe lost $0.02B year over year (down 3%), 69% of the total change.
Gross margin was 18.1%, up 5.3 points from a year earlier. Operating profit was $0.06B, a 3.5% margin (up 6.9 points year over year). Operating expenses fell 11% while revenue fell 2%. Net earnings were $0.03B. The effective tax rate was 36.2%.
Operating cash flow was $0.21B (up 12% year over year), 578% of net income including minority interests. Non-cash charges added back $0.12B of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.10B left free cash flow of $0.11B.
Questions
What was O-I Glass' revenue in the third quarter 2025?
O-I Glass (OI) reported revenue of $1.7B for the third quarter 2025 (Q3 2025), -2% from a year earlier and -3% from the quarter before.
Was O-I Glass profitable in the third quarter 2025?
Operating profit was $58.0M (3.5% of revenue) and net earnings $30.0M.
Source: O-I Glass 10-Q on SEC EDGAR.