O-i Glass, Inc. income statement
In fiscal 2025, O-i Glass, Inc. reported revenue of $6.43bn, down 1.6% on the year before and net income of −$129m, or −$0.84 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,652 | 6,633 | 7,358 | 7,000 | 6,967 | 6,784 | 6,156 | 6,702 | 6,869 | 6,877 | 6,691 | 6,091 | 6,357 | 6,856 | 7,105 | 6,531 | 6,426 | 6,331 |
| Cost of revenue | 5,317 | 5,281 | 5,969 | 5,626 | 5,636 | 5,531 | 5,046 | 5,490 | 5,536 | 5,594 | 5,483 | 5,119 | 5,266 | 5,643 | 5,609 | 5,486 | 5,317 | 5,493 |
| Gross profit | 1,335 | 1,352 | 1,389 | 1,374 | 1,331 | 1,253 | 1,110 | 1,310 | 1,333 | 1,283 | 1,208 | 972 | 1,091 | 1,213 | 1,496 | 1,045 | 1,109 | 838 |
| Research and development | 58 | 62 | 71 | 62 | 62 | 63 | 64 | 65 | 60 | 70 | 68 | 75 | 82 | 79 | 92 | 80 | 42 | 34 |
| Selling, general and administrative | 493 | 492 | 556 | 555 | 506 | 523 | 476 | 503 | 484 | 483 | 439 | 403 | 433 | 496 | 540 | 445 | 434 | 378 |
| Operating income | — | — | — | — | — | — | — | — | — | — | — | 353 | 332 | 805 | 67 | 38 | — | — |
| Interest expense | 222 | 249 | 314 | 239 | 229 | 230 | 251 | 272 | 268 | 261 | 311 | 265 | 216 | 239 | 342 | 335 | 341 | 335 |
| Income before tax | 215 | 426 | −396 | 328 | 468 | 307 | 268 | 356 | 275 | 277 | −261 | 353 | 332 | 960 | 67 | 38 | −49 | −266 |
| Income tax | 83 | 129 | 85 | 108 | 120 | 92 | 106 | 119 | 70 | 108 | 118 | 89 | 167 | 178 | 152 | 126 | 54 | 192 |
| Net income | 162 | −45 | −500 | 184 | 317 | 164 | 135 | 209 | 180 | 257 | −400 | 249 | 149 | 584 | −103 | −106 | −129 | −1,196 |
| Diluted EPS | $0.95 | −$0.27 | −$3.05 | $1.11 | $1.91 | $0.99 | $0.82 | $1.28 | $1.10 | $1.59 | −$2.58 | $1.57 | $0.93 | $3.67 | −$0.67 | −$0.69 | −$0.84 | −$7.83 |
| Diluted shares (average) | 171m | 167m | 164m | 166m | 166m | 166m | 162m | 163m | 165m | 162m | 155m | 159m | 160m | 159m | 155m | 155m | 154m | 153m |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | 821 | 781 | 1,259 | 550 | 524 | — | — |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,529 | 1,567 | 1,706 | 1,653 | 1,500 | 1,540 | 1,668 | 1,623 |
| Cost of revenue | 1,321 | 1,287 | 1,407 | 1,353 | 1,270 | 1,341 | 1,454 | 1,428 |
| Gross profit | 208 | 280 | 299 | 300 | 230 | 199 | 214 | 195 |
| Research and development | 18 | 13 | 11 | 8 | 9 | 9 | 9 | 7 |
| Selling, general and administrative | 108 | 109 | 106 | 105 | 116 | 99 | 75 | 88 |
| Operating income | −125 | 18 | 7 | 58 | — | −53 | −827 | 34 |
| Interest expense | 83 | 81 | 85 | 91 | 84 | 79 | 86 | 86 |
| Income before tax | −574 | 209 | 225 | 235 | −718 | 142 | 171 | 139 |
| Income tax | 24 | 30 | 6 | 21 | −3 | 18 | 138 | 39 |
| Net income | −154 | −16 | −5 | 30 | −138 | −73 | −972 | −13 |
| Diluted EPS | −$1.00 | −$0.10 | −$0.03 | $0.19 | −$0.90 | −$0.48 | −$6.33 | −$0.08 |
| EBITDA | −8 | 133 | 125 | 178 | — | 63 | −707 | 156 |
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