Oatly Reports Profitable Growth In Q2 2026 Driven By Barista Milk

Oatly has reported profitable growth in the second quarter of 2026, primarily driven by retail sales of its Barista milk line in Europe. The Swedish oat milk brand announced an increase in revenue growth outlook for the year, with second quarter revenue reaching USD $240.1 million, reflecting a 15.2 percent increase compared to the prior year period. Europe and international revenue also saw a 21 percent increase to $143.1 million, primarily due to volume growth in Barista products.

Oatly CEO Jean-Christophe Flatin expressed satisfaction with the brand's disciplined strategy execution, leading to demand-led value creation. With commitments to reinvest in the business and reduce the cost structure, Oatly remains focused on delivering consistent, sustainable, and profitable growth over time. Furthermore, Oatly's investments in sourcing British oats for its Barista range and regenerative agricultural practices aim to reduce the brand's climate footprint, demonstrating its dedication to environmental sustainability.