Short answer
O-I Glass, Inc. /DE/ (OI) filed its Q1 2026 10-Q quarterly report on Apr 29, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $1.5B (down 1.7% year over year) with net income of −$73M.
Q1 2026 key financials · XBRL
- Revenue
- $1.5B
- −1.7% YoY
- Net income
- −$73M
- −356.3% YoY
- Operating margin
- -3.4%
- Gross margin
- 12.9%
- EPS (diluted)
- −$0.48
- −380.0% YoY
Source: XBRL data from the O-I Glass, Inc. /DE/ (OI) Q1 2026 10-Q on SEC EDGAR. USD.
O-I Glass, Inc. /DE/ Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $1,540M, down $27M or 2% YoY, reflecting lower volumes and prices
- Segment operating profit $142M, down 32% from $209M; effective tax rate (34%) vs 167%
- Best segment Americas profit $142M vs $141M; worst Europe $0 vs $68M
- Operating cash use $294M vs $171M; capital spending $142M vs $135M
- Outlook: flat Q2 volumes, low- to mid-single-digit second-half growth; $150M higher European energy costs and $75M–$100M inflation headwind
Risk Factors
- Newly highlighted geopolitical risk: Middle East and Russia-Ukraine conflicts, including sanctions and trade restrictions
- Energy exposure: energy represents 10%–20% of manufacturing costs, with European operations dependent on natural gas
- Derivative protection limit: natural-gas indemnification is capped above the predetermined price cap
- Supply-chain disruption: equipment and material delays may increase costs and extend capital-project timelines
- Financial covenant risk: weaker results or financial position could cause noncompliance with debt covenants
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other O-I Glass, Inc. /DE/ quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.