---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-087559"
form_type: "8-K"
ticker: "OI"
cik: "0000812074"
company_name: "O-I Glass, Inc. /DE/"
filed_at: "2026-07-28T20:30:26+00:00"
generated_at: "2026-07-28T20:31:07.868451+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# O-I Glass Q2 EPS loss $6.33; cuts 2026 EBITDA guidance to $1.0-1.1B

## Summary
- Reported net loss of $6.33/diluted share vs. ($0.03) a year ago; includes $873M goodwill impairment in Europe.
- Adjusted EPS fell to $0.09 from $0.53; Americas segment profit rose 22% to $165M, Europe profit collapsed to $6M.
- 2026 adjusted EBITDA guidance cut to $1.0-1.1B (prior $1.125-1.225B); free cash flow now expected negative $50-150M.
- 2027 adjusted EBITDA target lowered to $1.2-1.3B from $1.45B; net debt leverage ratio expected at or above 4x.
- Fit to Win delivered $65M gross benefits in Q2; company cites temporary European headwinds and operational disruption.

## SEC filing metadata
- accession: 0001104659-26-087559
- form_type: 8-K
- ticker: OI
- cik: 0000812074
- company_name: O-I Glass, Inc. /DE/
- filed_at: 2026-07-28T20:30:26+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/812074/000110465926087559/0001104659-26-087559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812074/000110465926087559/tm2621494d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-087559
- JSON: https://secwatch.observer/filing/0001104659-26-087559.json
- Plain text: https://secwatch.observer/filing/0001104659-26-087559.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.