Oatly Q3 net loss narrows 58% to $27.5 million
OTLY•Oatly’s third-quarter 2026 net loss narrowed 58% year over year to $27.5 million, while revenue rose 9% to $243.05 million and gross margin increased 4.4 percentage points to 34.1%.
1. Quarterly results
Oatly’s third-quarter 2026 net loss attributable to parent shareholders narrowed 58% year over year to $27.5 million. Revenue rose 9% to $243.05 million, led by accelerating growth in Europe & International.
2. Margin and China
Gross profit margin increased 4.4 percentage points to 34.1%, supported by supply-chain efficiency and improved price/mix across all regions. Greater China revenue fell 15% to $31.97 million, primarily due to foodservice competition; Oatly expects its strategic review to conclude in 2026.
3. New beverage platform
Oatly launched its Fiber beverage platform, expanding its wellness portfolio.
