# O-I Glass 2026 earnings miss

> Live situation record from CLSTR: https://clstr.news/situations/o-i-glass-2026-earnings-miss
> Updated: 2026-08-06T20:53:19.000Z. Sources: 6. Developments: 2.

In late July 2026 O‑I Glass reported second‑quarter results that fell short of expectations. Revenue slipped 2 % to $1.67 billion, and adjusted earnings per share dropped to $0.09 from $0.53 a year earlier, missing the consensus forecast of $0.26. Management blamed the shortfall on operational challenges in Europe, citing competitive pricing pressure, high energy costs and a temporary disruption linked to restructuring. The company recorded a $873 million goodwill impairment charge in Europe, leaving operating profit there at just $6 million, while profit in the Americas rose 22 % to $165 million on a 17.4 % margin, helped by its “Fit to Win” cost‑savings program.

Full‑year guidance was revised downward, with adjusted EBITDA now projected at $1.0‑$1.1 billion for 2026 (previously $1.125‑$1.225 billion) and $1.2‑$1.3 billion for 2027 (previously $1.45 billion). The earnings miss triggered a roughly 17 % drop in O‑I Glass shares in after‑hours trading.

## Timeline

### 2026-08-06: US Companies Report Q2 2026 Earnings, Minerva Neurosciences Narrows Loss

Q2 2026 earnings show Minerva Neurosciences narrowing loss, Nathan's Famous EPS $2.14, Northern Oil beats estimates, Hagerty premium growth with a $2 M loss, and Main Street Capital’s earnings call.

6 sources. https://clstr.news/cluster/standardaero-and-dropbox-beat-q2-2026-earnings-estimates

### 2026-07-28: O-I Glass Q2 2026 earnings miss drives 17% stock decline

O‑I Glass reported Q2 2026 revenue of $1.67 bn and EPS $0.09, missing forecasts; a $873 m goodwill hit and Europe woes led to a 17% share fall and reduced 2026‑27 EBITDA guidance.

4 sources. https://clstr.news/cluster/o-i-glass-q2-2026-earnings-miss-drives-17-stock-decline

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Cite as: O-I Glass 2026 earnings miss. CLSTR, https://clstr.news/situations/o-i-glass-2026-earnings-miss