O-I Glass posts Q2 net loss on $108M charges, raises 2025 adjusted EPS outlook
O-I Glass reported a second-quarter 2025 net loss of $0.03 per diluted share, compared with earnings of $0.36 a year earlier, mostly due to $108 million in restructuring and asset impairment charges tied to halting the MAGMA program. Adjusted EPS rose to $0.53 from $0.44, and the company raised its full-year 2025 adjusted EPS guidance to $1.30 to $1.55 from $1.20 to $1.50.
Key points
- Q2 2025 net loss attributable to the company of $0.03 per diluted share, versus $0.36 in Q2 2024; adjusted EPS $0.53 versus $0.44
- Net sales of $1.7 billion, consistent with the prior year, with shipment volume down about 3 percent
- Full-year 2025 adjusted EPS guidance raised to $1.30 to $1.55; free cash flow guidance unchanged at $150 to $200 million
- Charges of approximately $45 million expected in Q3 2025 from the planned closure of one Americas plant and suspension of one furnace
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.