Oatly reports Q2 revenue growth of 15.2% and narrows net loss, raising 2026 revenue outlook.

Oatly announced a 15.2% increase in revenue to $240.1 million for Q2 2026, driven by strong growth in Europe, North America, and Greater China. The company narrowed its net loss to $31.3 million from $55.9 million a year earlier and improved adjusted EBITDA to $0.4 million. Oatly raised its 2026 revenue growth forecast to 8-10% on a constant currency basis, while maintaining its adjusted EBITDA and capital expenditure guidance. The company continues a strategic review of its Greater China business amid ongoing geopolitical uncertainties.