O-I Glass, Inc. (OI) — Financial statements
Income statement, balance sheet, and cash flow for O-I Glass, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 6,426↓1.6% | 6,531↓8.1% | 7,105↑3.6% | 6,856↑7.8% | 6,357 | |
| Cost of Revenue | 5,317↓3.1% | 5,486↓2.2% | 5,609↓0.6% | 5,643↑7.2% | 5,266 | |
| Gross Profit | 1,109↑6.1% | 1,045↓30.1% | 1,496↑23.3% | 1,213↑11.2% | 1,091 | |
| Operating Expenses | ||||||
| R&D Expenses | 42↓47.5% | 80↓13.0% | 92↑16.5% | 79↓3.7% | 82 | |
| General & Administrative Expenses | 0.00↓100.0% | 450↓19.5% | 559↑8.3% | 516↑1.8% | 507 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 434↓3.6% | 450↓19.5% | 559↑8.3% | 516↑1.8% | 507 | |
| Other Expenses | 0.00↑100.0% | -5↓115.6% | 32↓3.0% | 33↑189.2% | -37 | |
| Operating Expenses | 476↓9.3% | 525↓23.1% | 683↑8.8% | 628↑13.8% | 552 | |
| Total Costs & Expenses | 5,793↓3.6% | 6,011↓4.5% | 6,292↑0.3% | 6,271↑7.8% | 5,818 | |
| Operating Results | ||||||
| Operating Income | 633↑21.7% | 520↓36.0% | 813↑39.0% | 585↑8.5% | 539 | |
| Depreciation & Amortization | 489↑0.6% | 486↑0.6% | 483↑6.4% | 454↑1.1% | 449 | |
| EBITDA | 781↓9.1% | 859↓3.7% | 892↓40.5% | 1,498↑50.3% | 997 | |
| EBIT | 292↓21.7% | 373↓8.8% | 409↓60.8% | 1,044↑90.5% | 548 | |
| Interest & Other Income | ||||||
| Net Interest Income | -341↓1.8% | -335↑2.0% | -342↓43.1% | -239↓10.6% | -216 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 341↑1.8% | 335↓2.0% | 342↑43.1% | 239↑10.6% | 216 | |
| Non-Operating Income | 341↑132.0% | 147↓63.6% | 404↑188.0% | -459↓5000.0% | -9 | |
| Other Income / Expenses | -682↓41.5% | -482↑35.4% | -746↓439.1% | 220↑206.3% | -207 | |
| Income Before Tax | -49↓228.9% | 38↓43.3% | 67↓91.7% | 805↑142.5% | 332 | |
| Income Tax Expense | 54↓57.1% | 126↓17.1% | 152↓14.6% | 178↑6.6% | 167 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -103↓17.0% | -88↓3.5% | -85↓113.6% | 627↑280.0% | 165 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 7 | |
| Net Income | -129↓21.7% | -106↓2.9% | -103↓117.6% | 584↑291.9% | 149 | |
| Bottom-Line Net Income | -129↓21.7% | -106↓2.9% | -103↓117.6% | 584↑291.9% | 149 | |
| EPS (Basic) | -0.84↓21.7% | -0.69↓3.0% | -0.67↓117.8% | 3.76↑295.8% | 0.95 | |
| EPS (Diluted) | -0.84↓21.7% | -0.69↓3.0% | -0.67↓118.3% | 3.67↑294.6% | 0.93 | |
| Weighted Average Shares | 154↓0.7% | 155↓0.0% | 155↓0.4% | 155↓1.2% | 157 | |
| Weighted Average Diluted Shares | 154↓0.7% | 155↓0.0% | 155↓2.7% | 159↓0.8% | 160 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.