Significantly Improved 2025 Performance Driven By $300 Million Fit To Win Benefits
Anticipate Stronger 2026 Results and Reaffirming O-I's 2027 Investor Day Targets
Increasing Cumulative Three-Year Fit To Win Benefit Target To At Least $750 Million
O-I Glass, Inc. ("O-I") (NYSE:OI) today reported financial results for the full year and fourth quarter ended December 31, 2025.
Full Year 2025 Results
Net Sales$M
Net Earnings (Loss) Attributable To the CompanyEarnings Per Share
Earnings (Loss) BeforeIncome Taxes$M
Cash Provided byOperating Activities$M
FY25
FY24
FY25
FY24
FY25
FY24
FY25
FY24
Reported
$6,426
$6,531
($0.84)
($0.69)
($49)
$38
$600
$489
Adjusted EarningsEarnings Per Share (Diluted)
Segment Operating Profit$M
Free Cash Flow $M Source (Use)
FY25
FY24
FY25
FY24
FY25
FY24
Non-GAAP1
$1.60
$0.81
$846
$748
$168
($128)
2025 Guidance
$1.55 -$1.65
n/a
$150-$200
1 See discussion of Non-GAAP financial measures on pg.5 and below reconciliations.
"O-I delivered strong results in 2025, demonstrating the effectiveness of our strategy," said Gordon Hardie, CEO of O-I Glass. "Although reported results were lower due to planned restructuring actions, our adjusted earnings nearly doubled versus 2024 driven by disciplined execution of Fit to Win."
"We are making very solid progress against our strategic objectives, and our 2025 financial performance was consistent with our recent guidance. Net sales were relatively stable despite softer market demand, as we successfully navigated challenging market conditions and remained focused on optimizing our customer and product mix. This approach resulted in a more premium and resilient business portfolio. Fit to Win continues to be a core value driver for our business and delivered $300 million in benefits in 2025, significantly exceeding our original goal and driving meaningful performance improvement."
"Looking ahead, we anticipate continued progress ...
