Oatly recorded a 15.2% hike in year-on-year sales during Q2 2026. The company posted a global revenue of $240M in Q2 2026, a 15.2% jump compared to the same period last year, with volume sales up by 11.2%. Its gross profit expanded by 20.4% to reach $81.4M, while net losses shrank by 44%, totalling $31.3M. Oatly’s adjusted EBITDA for the period (revenue excluding all non-operational and one-time expenses) was a positive $0.4M, compared to a $3.6M loss 12 months ago.
The Europe and International segment remains Oatly’s largest market, with revenue rising by 21% to reach $143.1M in the April-to-June period, fuelled largely by a 17% growth in volume from its barista oat milks. Retail sales made up 77% of sales in this region, with the company outpacing the overall oat milk and plant-based milk categories.
The company also enjoyed an 11.6% hike in Greater China, where revenues reached $3.1M in Q2 2026, primarily driven by an increase in the retail channel and partially offset by a decline in foodservice due to higher competition.
