Other Current Receivables (Tables)

6 Months Ended

Jun. 30, 2026

Other Current Receivables [Abstract]


	June 30, 2026		December 31, 2025
Value added tax		6,243		7,604
Advance payments to vendors		6,850		2,201
Derivatives		—		129
Other		2,973		7,504
Total		16,066		17,438

Leases (Tables)

6 Months Ended

Jun. 30, 2026

Disclosure Of Leases [Line Items]

Summary of Consolidated Statement of Financial Position Amounts Relating to Leases

Below is the roll-forward of lease right-of-use assets:


	Land and buildings			Plant and machinery			Total
Cost
At December 31, 2025		54,852			27,054			81,906
Increases		1,047			146			1,193
Decreases		(1,047	)		(1,047	)		(2,094	)
Exchange differences		(433	)		(257	)		(690	)
At June 30, 2026		54,419			25,896			80,315
Accumulated depreciation
At December 31, 2025		(28,260	)		(15,739	)		(43,999	)
Depreciation		(3,700	)		(1,813	)		(5,513	)
Decreases		729			1,132			1,861
Exchange differences		178			310			488
At June 30, 2026		(31,053	)		(16,110	)		(47,163	)
Cost, net accumulated depreciation
At December 31, 2025		26,592			11,315			37,907
At June 30, 2026		23,366			9,786			33,152

Finance Income and Expenses - Summary of Finance Income and Expenses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Disclosure of finance income and expenses [line items]
Net foreign exchange difference	$ (608)	$ (7,763)	$ 1,064	$ (5,565)
Fair value changes on Convertible Notes	$ 2,287	$ (8,592)	$ 14,558	$ 13,506

Label

Element

Value

Basic loss per american depositary shares attributable to shareholder of the parent

otly_BasicLossPerAmericanDepositarySharesAttributableToShareholderOfTheParent

$ (0.99)

Basic loss per american depositary shares attributable to shareholder of the parent

otly_BasicLossPerAmericanDepositarySharesAttributableToShareholderOfTheParent

(1.86)

Basic loss per american depositary shares attributable to shareholder of the parent

otly_BasicLossPerAmericanDepositarySharesAttributableToShareholderOfTheParent

(1.38)

Basic loss per american depositary shares attributable to shareholder of the parent

otly_BasicLossPerAmericanDepositarySharesAttributableToShareholderOfTheParent

(2.28)

Diluted loss per american depositary shares attributable to shareholder of the parent

otly_DilutedLossPerAmericanDepositarySharesAttributableToShareholderOfTheParent

(0.99)

Diluted loss per american depositary shares attributable to shareholder of the parent

otly_DilutedLossPerAmericanDepositarySharesAttributableToShareholderOfTheParent

(1.86)

Diluted loss per american depositary shares attributable to shareholder of the parent

otly_DilutedLossPerAmericanDepositarySharesAttributableToShareholderOfTheParent

(1.38)

Diluted loss per american depositary shares attributable to shareholder of the parent

otly_DilutedLossPerAmericanDepositarySharesAttributableToShareholderOfTheParent

$ (2.28)

Adjustments For Gain Loss On Disposals Property Plant And Equipment And Intangible Assets

otly_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipmentAndIntangibleAssets

$ 275,000

Proceeds from Liabilities to Credit Institutions

otly_ProceedsFromLiabilitiesToCreditInstitutions

$ 1,448,000

Disclosure Of Detailed Information About Revenue And Earnings Before Interest Taxes Depreciation And Amortization Explanatory

otly_DisclosureOfDetailedInformationAboutRevenueAndEarningsBeforeInterestTaxesDepreciationAndAmortizationExplanatory

5.1 Revenue, Adjusted EBITDA and EBITDA


Revenue, Adjusted EBITDA and EBITDA
Three months ended June 30, 2026	Europe & International			North America			Greater China			Corporate*			Eliminations**			Total
Revenue
Revenue from external customers		143,067			66,919			30,109			—			—			240,095
Intersegment revenue		540			—			—			—			(540	)		—
Total segment revenue		143,607			66,919			30,109			—			(540	)		240,095
Adjusted EBITDA		24,994			735			(1,463	)		(23,844	)		—			422
Share-based compensation expense		(611	)		(336	)		(189	)		(2,365	)		—			(3,501	)
Restructuring costs(1)		(6	)		—			—			(729	)		—			(735	)
Strategic review of Greater China business(2)		—			—			(817	)		—			—			(817	)
Non-controlling interests		—			—			(53	)		—			—			(53	)
EBITDA		24,377			399			(2,522	)		(26,938	)		—			(4,684	)
Finance income and (expenses), net		—			—			—			—			—			(13,394	)
Depreciation and amortization		—			—			—			—			—			(12,627	)
Loss before tax		—			—			—			—			—			(30,705	)

Three months ended June 30, 2025	Europe & International			North America			Greater China			Corporate*			Eliminations**			Total
Revenue
Revenue from external customers		118,193			63,185			26,976			—			—			208,354
Intersegment revenue		455			—			—			—			(455	)		—
Total segment revenue		118,648			63,185			26,976			—			(455	)		208,354
Adjusted EBITDA		24,261			(2,369	)		(636	)		(24,819	)		—			(3,563	)
Share-based compensation expense		(515	)		(328	)		(334	)		(2,276	)		—			(3,453	)
Restructuring costs(1)		(471	)		(585	)		(42	)		(295	)		—			(1,393	)
Strategic review of Greater China business(2)		—			—			(1,378	)		—			—			(1,378	)
Non-controlling interests		—			—			(35	)		—			—			(35	)
EBITDA		23,275			(3,282	)		(2,425	)		(27,390	)		—			(9,822	)
Finance income and (expenses), net		—			—			—			—			—			(31,916	)
Depreciation and amortization		—			—			—			—			—			(12,294	)
Loss before tax		—			—			—			—			—			(54,032	)


Six months ended June 30, 2026	Europe & International			North America			Greater China			Corporate*			Eliminations**			Total
Revenue
Revenue from external customers		279,863			129,109			59,448			—			—			468,420
Intersegment revenue		1,236			—			—			—			(1,236	)		—
Total segment revenue		281,099			129,109			59,448			—			(1,236	)		468,420
Adjusted EBITDA		56,562			1,394			(2,230	)		(50,341	)		—			5,385
Share-based compensation expense		(1,149	)		(601	)		(643	)		(3,977	)		—			(6,370	)
Restructuring costs(1)		32			(106	)		—			(997	)		—			(1,071	)
Strategic review of Greater China business(2)		—			—			(947	)		—			—			(947	)
Non-controlling interests		—			—			(176	)		—			—			(176	)
EBITDA		55,445			687			(3,996	)		(55,315	)		—			(3,179	)
Finance income and (expenses), net		—			—			—			—			—			(14,298	)
Depreciation and amortization		—			—			—			—			—			(25,481	)
Loss before tax		—			—			—			—			—			(42,958	)

Six months ended June 30, 2025	Europe & International			North America			Greater China			Corporate*			Eliminations**			Total
Revenue
Revenue from external customers		225,858			123,071			56,955			—			—			405,884
Intersegment revenue		1,144			—			—			—			(1,144	)		—
Total segment revenue		227,002			123,071			56,955			—			(1,144	)		405,884
Adjusted EBITDA		39,797			(1,240	)		982			(46,833	)		—			(7,294	)
Share-based compensation expense		(983	)		(686	)		(723	)		(4,653	)		—			(7,045	)
Restructuring costs(1)		(471	)		(1,253	)		(42	)		(459	)		—			(2,225	)
Strategic review of Greater China business(2)		—			—			(1,378	)		—			—			(1,378	)
Closure of production facility(3)		846			—			—			—			—			846
Non-controlling interests		—			—			(136	)		—			—			(136	)
EBITDA		39,189			(3,179	)		(1,297	)		(51,945	)		—			(17,232	)
Finance income and (expenses), net		—			—			—			—			—			(22,505	)
Depreciation and amortization		—			—			—			—			—			(23,475	)
Loss before tax		—			—			—			—			—			(63,212	)

* Corporate consists of general costs not allocated to the segments.

** Eliminations in 2026 refers to intersegment revenue for sales of products from Europe & International to Greater China and North America. Eliminations in 2025 refers to intersegment revenue for sales of products from Europe & International to Greater China.

(1) Relates primarily to severance costs as the Group adjusts its organizational structure.

(2) Relates to costs for the strategic review of the Greater China segment.

(3) Relates to reversal of previously recognized exit costs related to closure of the Group’s production facility in Singapore.

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

$ 24,994,000

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

735,000

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

(1,463,000)

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

(23,844,000)

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

422,000

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

24,261,000

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

(2,369,000)

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

(636,000)

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

(24,819,000)

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

(3,563,000)

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

56,562,000

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

1,394,000

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

(2,230,000)

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

(50,341,000)

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

5,385,000

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

39,797,000

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

(1,240,000)

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

982,000

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

(46,833,000)

Adjusted Earnings Before Interest Taxes Depreciation And Amortization

otly_AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization

(7,294,000)

Strategic Review of Greater China Business

otly_StrategicReviewOfGreaterChinaBusiness

(817,000)

Strategic Review of Greater China Business

otly_StrategicReviewOfGreaterChinaBusiness

(817,000)

Strategic Review of Greater China Business

otly_StrategicReviewOfGreaterChinaBusiness

(1,378,000)

Strategic Review of Greater China Business

otly_StrategicReviewOfGreaterChinaBusiness

(1,378,000)

Strategic Review of Greater China Business

otly_StrategicReviewOfGreaterChinaBusiness

(947,000)

Strategic Review of Greater China Business

otly_StrategicReviewOfGreaterChinaBusiness

(947,000)

Strategic Review of Greater China Business

otly_StrategicReviewOfGreaterChinaBusiness

(1,378,000)

Strategic Review of Greater China Business

otly_StrategicReviewOfGreaterChinaBusiness

(1,378,000)

Earnings Before Interest Taxes Depreciation And Amortization