Filing Flows › O-I Glass (OI) › Q3 2026
O-I Glass (OI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
O-I Glass (OI) reported revenue of $1.6B for the third quarter 2026 (Q3 2026), -2% from a year earlier and -3% from the quarter before. Operating margin was 2.1%, net loss $5.0M (0.3% of revenue).
O-I Glass, Q3 2026: revenue $1.6B (-2% year over year), operating margin 2.1%, net loss $5.0M, operating cash flow $165M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | -3% | -2% |
| Operating profit | $34.0M | — | -41% |
| Net earnings | −$5.0M | — | -117% |
| Operating cash flow | $165M | +76% | -23% |
| Free cash flow | $84.0M | — | -26% |
What changed
Revenue was $1.6B in Q3 2026, down 2% year over year and down 3% from the previous quarter. Americas was the largest line at 60% of revenue. Europe lost $0.05B year over year (down 8%), 180% of the total change.
Gross margin was 12.0%, down 6.1 points from Q3 2025. Operating profit was $0.03B, a 2.1% margin (down 1.4 points year over year). Operating expenses fell 33% while revenue fell 2%. The quarter ended with a net loss of $0.01B, narrower than the previous quarter's $1.0B loss.
Operating cash flow was $0.17B (down 23% year over year). Non-cash charges added back $0.12B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.04B. Capital expenditures of $0.08B left free cash flow of $0.08B.
Questions
What was O-I Glass' revenue in the third quarter 2026?
O-I Glass (OI) reported revenue of $1.6B for the third quarter 2026 (Q3 2026), -2% from a year earlier and -3% from the quarter before.
Was O-I Glass profitable in the third quarter 2026?
Operating profit was $34.0M (2.1% of revenue) and net loss $5.0M.
Source: O-I Glass 10-Q on SEC EDGAR.