Filing Flows › O-I Glass (OI) › Q4 2025
O-I Glass (OI) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 12, 2026
O-I Glass (OI) reported revenue of $1.5B for the fourth quarter 2025 (Q4 2025), -2% from a year earlier and -9% from the quarter before. Operating margin was -8.8%, net loss $129M (8.6% of revenue).
O-I Glass, Q4 2025: revenue $1.5B (-2% year over year), operating margin -8.8%, net loss $129M, operating cash flow $402M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | -9% | -2% |
| Operating profit | −$132M | -328% | — |
| Net earnings | −$129M | -530% | — |
| Operating cash flow | $402M | +88% | +26% |
| Free cash flow | $309M | +171% | +47% |
What changed
Revenue was $1.5B in Q4 2025, down 2% year over year and down 9% from the previous quarter. Americas was the largest line at 59% of revenue.
Gross margin was 15.3%, up 1.7 points from a year earlier. Operating costs exceeded revenue by $0.13B, an operating margin of -8.8%. Operating expenses grew 9% against a revenue fall of 2%. The fastest-growing cost line was Other operating costs (+14%). The quarter ended with a net loss of $0.13B, after a profit of $0.04B the previous quarter.
Operating cash flow was $0.40B (up 26% year over year). Non-cash charges added back $0.13B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.39B. Capital expenditures of $0.09B left free cash flow of $0.31B.
Questions
What was O-I Glass' revenue in the fourth quarter 2025?
O-I Glass (OI) reported revenue of $1.5B for the fourth quarter 2025 (Q4 2025), -2% from a year earlier and -9% from the quarter before.
Was O-I Glass profitable in the fourth quarter 2025?
Operating loss was $132M (-8.8% of revenue) and net loss $129M.
Source: O-I Glass 10-K on SEC EDGAR.