Orion Group Holdings Reports Third Quarter 2026 Results
Orion Group Holdings reported Q3 2026 revenue of $256.2 million, up 14% year-over-year, with GAAP net income of $5.5 million ($0.14 diluted EPS) versus $3.3 million ($0.08) a year ago. Adjusted EBITDA rose 37% to $17.9 million with margin expanding to 7.0% from 5.8%, and the company booked $179 million in new awards including two U.S. Navy MACC positions on the $9 billion VENTI and $700 million Waterfront contract vehicles. Full-year 2026 guidance was reiterated: revenue of $900M-$950M, Adjusted EBITDA of $50M-$54M, and Adjusted EPS of $0.23-$0.30.
Key figures
- Eps
- 0.14
- Revenue
- 256200000
- Guidance
- FY2026 revenue $900M-$950M (9% growth at midpoint), Adjusted EBITDA $50M-$54M (15% growth at midpoint), Adjusted EPS $0.23-$0.30, capex $25M-$35M
- Revenue Yoy
- 14%
- Cash
- 5700000
- Total debt
- 109000000
- Adjusted eps
- 0.12
- Gross profit
- 33100000
- Backlog total
- 645000000
- New awards q3
- 179000000
- Adjusted ebitda
- 17900000
- Gaap net income
- 5500000
- Adjusted ebitda yoy
- 37%
AI analysis
Red flags4 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.