Oatly Group AB
OTLY Nasdaq· Food And Kindred Products
KIRA · Stoqly’s AI analyst, in plain words
- Oatly Group AB had $862M of revenue in fiscal 2025, up 4.7% on the year before. Over five years, revenue changed +15.4% a year on average.
- Its operating margin was −7.9%, up 14.7 pts: of every 100 in sales, about −8 is left after running the business.
- Oatly Group AB lost $153M in fiscal 2025.
- Free cash flow was −$36.1M in fiscal 2025, −4.2% of revenue.
- Oatly Group AB owes $459M more than it holds in cash.
Market cap
—
P/E
—
Revenue
$862M
Net income
−$153M
Free cash flow
−$36.1M
Operating margin
−7.9%
Oatly Group AB in 30 seconds · fiscal 2025
Are sales growing?
+4.7%
Only a little. Sales grew 4.7% last year.
Does it make a profit?
−17.7%
No. It lost money last year.
Does profit turn into cash?
−4.2%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
What Oatly Group AB does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Mar 13, 2026
- Legal name
- Oatly Group AB
- CIK
- 0001843586
Oatly Group AB · OTLY
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $643M | $722M | $783M | $824M | $862M |
| Revenue growth | 52.6% | 12.3% | 8.5% | 5.1% | 4.7% |
| Gross margin | 24.1% | 11.1% | 19.4% | 28.7% | 32.1% |
| Operating margin | −33.2% | −54.8% | −58.3% | −22.6% | −7.9% |
| Net income | −$212M | −$393M | −$417M | −$202M | −$153M |
| Net margin | −33.0% | −54.4% | −53.2% | −24.5% | −17.7% |
| Diluted EPS | −$0.39 | −$0.66 | −$0.70 | −$0.34 | −$0.25 |
| Cash | |||||
| Cash from operations | −$214M | −$269M | −$166M | −$114M | −$23.7M |
| Capital expenditure | $274M | $202M | $66.1M | $39.1M | $12.4M |
| Free cash flow | −$488M | −$471M | −$232M | −$154M | −$36.1M |
| FCF margin | −75.8% | −65.2% | −29.6% | −18.6% | −4.2% |
| Share count change | 20.9% | 7.8% | 0.3% | 0.6% | 1.8% |
| Debt and strength | |||||
| Cash and short-term investments | $296M | $82.6M | $249M | $98.9M | $64.3M |
| Debt incl. finance leases | $6.0M | $52.6M | $120M | $446M | $523M |
| Shareholders' equity | $1.2B | $791M | $334M | $105M | $18.6M |
| Current ratio | 3.3x | 1.4x | 0.8x | 0.6x | 0.5x |
| Interest coverage | −13.6x | −23.8x | −6.6x | −2.7x | −0.8x |
| Returns and quality | |||||
| Return on capital | −17.7% | −41.1% | −176.1% | −32.5% | −11.2% |
| Return on equity | −27.0% | −38.6% | −74.1% | −92.1% | −247.9% |
| Return on tangible equity | −17.1% | −49.6% | −124.8% | −192.9% | −823.3% |
| Piotroski F-score | 2 | 2 | 3 | 4 | 4 |
| Altman Z'' | 4.2 | −1.3 | −6.0 | −8.4 | −8.8 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.5M
4 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Oatly Group AB · OTLY
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Source: SEC EDGAR XBRL filings (CIK 0001843586). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.