Oatly Group AB (OTLY)

Oatly Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	843	823.67	783.35	722.24	643.19	421.35
Revenue Growth (YoY)	3.63%	5.15%	8.46%	12.29%	52.65%	106.50%
Cost of Revenue	585.08	587.17	631.27	642.21	486.68	292.11
Gross Profit	257.92	236.49	152.08	80.03	156.51	129.24
Selling, General & Admin	320.03	324.72	373.4	412.8	350.46	167.79
Research & Development	17.25	30.14	21.05	22.26	16.77	6.83
Other Operating Expenses	-1.04	-1.04	0.85	-1.12	-1.28	-0.08
Operating Expenses	336.24	353.81	395.29	433.94	365.95	174.55
Operating Income	-78.32	-117.32	-243.21	-353.92	-209.44	-45.3
Interest Expense	-62.64	-62.48	-49.33	-13.93	-14.98	-11.87
Interest & Investment Income	5.35	10.3	12.67	2.14	1.77	0.12
Currency Exchange Gain (Loss)	-2.17	12.25	4.83	9.34	13.32	-1.4
Other Non Operating Income (Expenses)	-54.02	-7.5	-18.76	-0.92	-0.53	0.5
EBT Excluding Unusual Items	-191.79	-164.76	-293.8	-357.28	-209.86	-57.95
Merger & Restructuring Charges	-63.71	-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	36.95	32.95	96.45	-	-	-
Pretax Income	-218.55	-198.57	-408.17	-397.39	-215.05	-57.95
Income Tax Expense	6.69	3.7	8.9	-4.83	-2.66	2.41
Earnings From Continuing Operations	-225.24	-202.27	-417.06	-392.57	-212.39	-60.36
Minority Interest in Earnings	0.4	0.32	0.19	-	-	-
Net Income	-224.83	-201.95	-416.87	-392.57	-212.39	-60.36
Net Income to Common	-224.83	-201.95	-416.87	-392.57	-212.39	-60.36
Shares Outstanding (Basic)	30	30	30	30	27	23
Shares Outstanding (Diluted)	30	30	30	30	27	23
Shares Change (YoY)	0.86%	0.55%	0.27%	7.82%	20.87%	11.52%
EPS (Basic)	-7.48	-6.77	-14.05	-13.26	-7.74	-2.66
EPS (Diluted)	-7.48	-6.77	-14.05	-13.26	-7.74	-2.66
Free Cash Flow	-51.32	-153.57	-231.72	-470.6	-487.59	-178.59
Free Cash Flow Per Share	-1.71	-5.15	-7.81	-15.90	-17.76	-7.86
Gross Margin	30.60%	28.71%	19.41%	11.08%	24.33%	30.67%
Operating Margin	-9.29%	-14.24%	-31.05%	-49.00%	-32.56%	-10.75%
Profit Margin	-26.67%	-24.52%	-53.22%	-54.35%	-33.02%	-14.33%
Free Cash Flow Margin	-6.09%	-18.64%	-29.58%	-65.16%	-75.81%	-42.38%
EBITDA	-46.38	-81.7	-209.63	-305.6	-182.21	-38
EBITDA Margin	-5.50%	-9.92%	-26.76%	-42.31%	-28.33%	-9.02%
D&A For EBITDA	31.94	35.63	33.59	48.32	27.22	7.3
EBIT	-78.32	-117.32	-243.21	-353.92	-209.44	-45.3
EBIT Margin	-9.29%	-14.24%	-31.05%	-49.00%	-32.56%	-10.75%

Updated Oct 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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