Oatly Group AB (publ) filed a Form 6-K on October 28, 2026, reporting interim condensed consolidated financial results for the three and nine months ended September 30, 2026.

Key Highlights

  • Q3 2026 revenue: $243,054 thousand, up from $222,796 thousand in Q3 2025, according to the filing.
  • Q3 2026 gross profit: $82,982 thousand, compared with $66,347 thousand in the prior-year quarter.
  • Q3 2026 net loss: $27,453 thousand, an improvement from a net loss of $65,404 thousand in Q3 2025.
  • Nine-month 2026 revenue: $711,474 thousand, versus $628,680 thousand for the same period in 2025.
  • Nine-month 2026 net loss: $70,918 thousand, compared with $133,881 thousand for the nine months ended September 30, 2025.
  • Total equity turned negative: $(49,833) thousand as of September 30, 2026, versus $19,671 thousand at December 31, 2025.
  • Cash and cash equivalents: $23,322 thousand at September 30, 2026, down from $64,345 thousand at December 31, 2025.

Oatly's Third-Quarter and Nine-Month 2026 Financial Results

According to the filing, Oatly Group AB (publ), trading on NASDAQ:OTLY, reported Q3 2026 revenue of $243,054 thousand, a year-over-year increase from $222,796 thousand. Cost of goods sold for the quarter was $160,072 thousand, yielding a gross profit of $82,982 thousand. Operating loss for the quarter was $(9,189) thousand, a reduction from the $(16,924) thousand operating loss recorded in Q3 2025. The filing attributed net finance expenses of $16,066 thousand during the quarter, bringing the loss before tax to $(25,255) thousand.

For the nine months ended September 30, 2026, the filing reported revenue of $711,474 thousand against cost of goods sold of $470,788 thousand, producing a gross profit of $240,686 thousand. Operating loss for the nine-month period was $(37,849) thousand, compared with $(57,631) thousand for the same period in 2025. Selling, general and administrative expenses for the nine months reached $263,470 thousand. Loss per share attributable to shareholders of the parent for the nine months was $(0.11) basic and diluted, and loss per ADS was $(2.24), with each ADS representing 20 ordinary shares, the filing stated.

The filing disclosed that total equity attributable to shareholders of the parent stood at $(50,820) thousand as of September 30, 2026, compared with $18,555 thousand at December 31, 2025, reflecting the accumulated deficit of $(1,458,865) thousand. Total assets were $712,705 thousand and total liabilities were $762,538 thousand at the period end. The filing also noted an impairment charge related to "the strategic review of Greater China business" of $1,638 thousand recorded in the nine-month period. The weighted average common shares outstanding, basic and diluted, were 638,254,231 for Q3 2026 and 630,675,537 for the nine-month period.

What Was Disclosed

Oatly Group AB filed interim condensed consolidated financial statements for the three and nine months ended September 30, 2026, covering revenue, operating losses, balance sheet position, cash flows, and changes in equity for both the current and prior-year periods.