Oatly Raises 2026 Outlook Amid Pivot to ‘Full-On’ Beverage Company

Oatly, the Swedish oat milk maker, has seen a 15.2% increase in year-on-year sales in Q2 2026, prompting the company to raise its yearly forecast as it transitions to a "full-on" beverage company. With a global revenue of $240M in Q2 2026 and growth in both gross profit and net losses, Oatly is experiencing success in both Europe and North America despite ongoing challenges such as the US-Israel war in Iran.

Focusing on setting global beverage trends and catering to young consumers, Oatly is expanding its product offerings with new flavors and formats to remain relevant and competitive in the market. The company is also teasing a focus on fiber-rich products to capitalize on the growing interest in gut health and fibers among consumers. With plans to further invest in growth and expand its customer base, Oatly is optimistic about its future prospects as it continues to navigate the changing landscape of the beverage industry.