Oatly Group AB (OTLY)

Oatly Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	862.46	823.67	783.35	722.24	643.19
Revenue Growth (YoY)	4.71%	5.15%	8.46%	12.29%	52.65%
Cost of Revenue	585.4	587.17	631.27	642.21	486.68
Gross Profit	277.06	236.49	152.08	80.03	156.51
Selling, General & Admin	320.64	324.72	373.4	412.8	350.46
Research & Development	18.57	30.14	21.05	22.26	16.77
Other Operating Expenses	-1.34	-1.04	0.85	-1.12	-1.28
Operating Expenses	337.88	353.81	395.29	433.94	365.95
Operating Income	-60.82	-117.32	-243.21	-353.92	-209.44
Interest Expense	-61.73	-62.48	-49.33	-13.93	-14.98
Interest & Investment Income	4.49	10.3	12.67	2.14	1.77
Currency Exchange Gain (Loss)	-3.48	12.25	4.83	9.34	13.32
Other Non Operating Income (Expenses)	-16.67	-7.5	-18.76	-0.92	-0.53
EBT Excluding Unusual Items	-138.22	-164.76	-293.8	-357.28	-209.86
Merger & Restructuring Charges	-6.7	-66.77	-201.56	-	-
Gain (Loss) on Sale of Investments	-	-	-	-1.82	-0.22
Asset Writedown	-	-	-	-38.29	-4.97
Legal Settlements	-	-	-9.25	-	-
Other Unusual Items	-	32.95	96.45	-	-
Pretax Income	-144.92	-198.57	-408.17	-397.39	-215.05
Income Tax Expense	8.2	3.7	8.9	-4.83	-2.66
Earnings From Continuing Operations	-153.12	-202.27	-417.06	-392.57	-212.39
Minority Interest in Earnings	0.34	0.32	0.19	-	-
Net Income	-152.77	-201.95	-416.87	-392.57	-212.39
Net Income to Common	-152.77	-201.95	-416.87	-392.57	-212.39
Shares Outstanding (Basic)	30	30	30	30	27
Shares Outstanding (Diluted)	30	30	30	30	27
Shares Change (YoY)	1.78%	0.55%	0.27%	7.82%	20.87%
EPS (Basic)	-5.03	-6.77	-14.05	-13.26	-7.74
EPS (Diluted)	-5.03	-6.77	-14.05	-13.26	-7.74
Free Cash Flow	-36.12	-153.57	-231.72	-470.6	-487.59
Free Cash Flow Per Share	-1.19	-5.15	-7.81	-15.90	-17.76
Gross Margin	32.12%	28.71%	19.41%	11.08%	24.33%
Operating Margin	-7.05%	-14.24%	-31.05%	-49.00%	-32.56%
Profit Margin	-17.71%	-24.52%	-53.22%	-54.35%	-33.02%
Free Cash Flow Margin	-4.19%	-18.64%	-29.58%	-65.16%	-75.81%
EBITDA	-26.11	-81.7	-209.63	-305.6	-182.21
EBITDA Margin	-3.03%	-9.92%	-26.76%	-42.31%	-28.33%
D&A For EBITDA	34.71	35.63	33.59	48.32	27.22
EBIT	-60.82	-117.32	-243.21	-353.92	-209.44
EBIT Margin	-7.05%	-14.24%	-31.05%	-49.00%	-32.56%

Updated Feb 11, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q