10-Q quarterly report · filed Jul 29, 2026

O-I Glass, Inc. /DE/ (OI) Q2 2026 10-Q Quarterly Report

Short answer

O-I Glass, Inc. /DE/ (OI) filed its Q2 2026 10-Q quarterly report on Jul 29, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $1.7B (down 2.3% year over year) with net income of −$973M.

Q2 2026 key financials · XBRL

Revenue
$1.7B
−2.3% YoY · +8.2% QoQ
Net income
−$973M
−24225.0% YoY · −1232.9% QoQ
Operating margin
-49.6%
Gross margin
12.8%
EPS (diluted)
−$6.35
−21066.7% YoY · −1222.9% QoQ

Source: XBRL data from the O-I Glass, Inc. /DE/ (OI) Q2 2026 10-Q on SEC EDGAR. USD.

O-I Glass, Inc. /DE/ Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $1,668M, down $38M or 2% YoY, driven by lower volumes
  • Effective tax rate (17%) vs 86% YoY
  • Americas best segment: operating profit $165M vs $135M; Europe worst at $6M vs $90M
  • Fit to Win delivered $53M operating-cost benefits; permanent closures could require restructuring charges and cash expenditures
  • Shipments down 5%; June volumes flat YoY, with second-half growth expected amid sluggish demand and destocking

Risk Factors

  • Newly added supply-chain disruption risk, triggered by geopolitical tensions, inflation, and wars affecting capital-expenditure equipment procurement
  • Energy-cost exposure, with energy representing 10%–20% of total manufacturing costs
  • European natural-gas risk, with indemnification limited above the derivative contract’s price cap
  • Regulatory and legal exposure from sanctions, tariffs, trade restrictions, and related government actions
  • Capital-project execution risk from delayed or costly third-party equipment and material deliveries

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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