Oatly Group AB (OTLY)

NASDAQ: OTLY · Real-Time Price · USD

8.56

-3.19 (-27.15%)

At close: Oct 28, 2026, 4:00 PM EDT

8.50

-0.06 (-0.68%)

After-hours: Oct 28, 2026, 7:59 PM EDT

Oatly Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	945.25	862.46	823.67	783.35	722.24	643.19
Revenue Growth	12.13%	4.71%	5.15%	8.46%	12.29%	52.65%
Gross Profit	321.44	277.06	236.49	152.08	80.03	156.51
Operating Income	-41.04	-60.82	-117.32	-243.21	-353.92	-209.44
Net Income	-89.89	-152.77	-201.95	-416.87	-392.57	-212.39
Earnings Per Share	-2.86	-5.03	-6.77	-14.05	-13.26	-7.74
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Greater China	130.04	114.95	124.86	141.91	-
North America	249.56	274.46	250.26	224.7	180.74
Eliminations	-1.62	-6.43	-25.78	-49.29	-90.37
Europe & International	484.48	440.69	434.01	404.92	-
Total	862.46	823.67	783.35	722.24	643.19

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	23.32	64.35	98.92	249.3	82.64	545.51
Total Debt	551.35	560.24	491.45	532.84	152.01	149.21
Net Cash (Debt)	-528.03	-495.89	-392.53	-283.54	-69.37	396.3
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-16.79	-16.32	-13.15	-9.55	-2.34	14.44

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-17.85	-23.72	-114.43	-165.63	-268.95	-213.83
Capital Expenditures	-16.98	-12.4	-39.14	-66.1	-201.66	-273.76
Free Cash Flow	-34.82	-36.12	-153.57	-231.72	-470.6	-487.59
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	34.01%	32.12%	28.71%	19.41%	11.08%	24.33%
Operating Margin	-4.34%	-7.05%	-14.24%	-31.05%	-49.00%	-32.56%
Pretax Margin	-9.04%	-16.80%	-24.11%	-52.11%	-55.02%	-33.43%
Profit Margin	-9.51%	-17.71%	-24.52%	-53.22%	-54.35%	-33.02%
FCF Margin	-3.68%	-4.19%	-18.64%	-29.58%	-65.16%	-75.81%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 29, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PS Ratio	0.29	0.38	0.48	0.90	1.43	7.32