Orion Group Holdings Inc reported second-quarter 2026 results with revenue rising to $221.88M while the company posted a net loss of ($4.15M), or diluted EPS of ($0.1), compared with revenue of $205.29M and net income of $841K, or EPS $0.02, in the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$221.88M$205.29M8.1% | Net income²($4.15M)$841K(592.9%) | Diluted EPS³($0.1)$0.02(600%) |
¹ Reported as “Contract revenues”. ² Reported as “Net (loss) income”. ³ Reported as “Diluted income per share”.
Business Highlights
- Revenue growth was driven by strong demand in the concrete segment and new project awards; consolidated year-to-date revenue rose 11% to $438.2M.
- The concrete segment expanded significantly, generating $91.0M in the quarter versus $70.0M in the prior-year quarter, offsetting softer marine timing and utilization.
- Concrete momentum reflected robust demand, site civil expansion and improved project execution.
- Orion completed the acquisition of JEM, a dredging and environmental specialist, in February 2026 to enhance marine capabilities and backlog.
Original SEC Filing:
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