REG-Oatly Reports Third Quarter 2026 Financial Results
Oatly reported Q3 2026 revenue of $243.1 million, up 9.1% year-over-year, with gross margin expanding 436 basis points to 34.1% and Adjusted EBITDA tripling to $9.4 million from $3.1 million. Net loss narrowed sharply to $27.5 million from $65.3 million a year earlier, driven by lower fair value losses on Convertible Notes and higher gross profit. However, management cut full-year 2026 Adjusted EBITDA guidance to $16-20 million from $25-35 million, citing a faster-than-expected wave of fuel and freight inflation in North America that will pressure Q4 profit.
Key figures
- Revenue
- 243054000
- Guidance
- 2026 Constant Currency Revenue growth +8% to +10% (unchanged); Adjusted EBITDA cut to $16M-$20M from $25M-$35M; capex $20M-$30M (unchanged)
- Revenue Yoy
- 9.1%
- Cash
- 23322000
- Net loss
- 27458000
- Total debt
- 523200000
- Gross margin
- 34.1%
- Adjusted ebitda
- 9429000
- China revenue yoy
- -14.6%
- Net loss prior year
- 65287000
- Europe intl revenue yoy
- 19.5%
- Gross margin yoy change
- +436bps
- North america revenue yoy
- 2.8%
- Adjusted ebitda prior year
- 3116000
AI analysis
Red flags5 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.