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Orion Group Holdings Reports First Quarter 2026 Results

$ORNPress releaseApr 28, 2026, 4:05 PM ETRead the release

Orion Group Holdings reported Q1 2026 revenue of $216.3 million, up 15% year-over-year, and returned to GAAP profitability with net income of $4.7 million compared to a prior year loss. The company grew its backlog to $668 million with $219 million in new awards and reaffirmed full-year 2026 guidance for revenue of $900-$950 million and Adjusted EBITDA of $54-$58 million. Adjusted EBITDA increased 7% to $8.7 million, driven by growth in the Concrete segment, while integration of the J.E.

Key figures

Eps
0.12
Revenue
216300000
Guidance
Revenue $900M-$950M, Adjusted EBITDA $54M-$58M, Adjusted EPS $0.36-$0.42
Revenue Yoy
15%
New awards usd
219000000
Adjusted ebitda usd
8700000

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