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Orion OEC Operating Income

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Other financials

Income statement

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Revenue$500.9M+7.4%
Gross profit$93.0M-5.5%
Net income$1.8M-80.0%
EPS (diluted)$0.03-81.3%

Balance sheet

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Cash & equivalents$52.3M+18.6%
Total debt$1.4B0.0%
Total equity$380.3M-18.5%
Total assets$2.0B-1.9%

Cash flow

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Operating cash flow$27.3M-49.2%
CapEx$25.4M-39.8%
Free cash flow-$48.5M-68.4%

Valuation

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Market cap$409.22M-29.1%
Enterprise value$1.71B-9.1%
P/S0.2×-0.1×

Profitability

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Gross margin18.4%-3.0pp
Operating margin-0.2%-4.1pp
Net margin-5.3%-6.1pp
FCF margin2%

Returns & leverage

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Return on equity-22.7%-25.9pp
Debt / equity3.6×+0.7×
Current ratio-0.1×

Where this comes from

Reported directly by Orion in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Orion’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:35 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053422
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Selling, general and administrative expenses62.757.7121.8116.1
Research and development costs7.26.514.513.1
Other expenses, net1.82.13.24.0
Income from operations21.332.132.763.3
Interest and other financial expense, net16.319.131.032.8
Income before earnings in affiliated companies and income taxes5.013.01.730.5
Income tax expense3.44.610.113.5
Earnings in affiliated companies, net of tax0.20.60.31.1

Item 1. Financial Statements and Supplementary Data (Unaudited)

FAQ

What is Orion's operating income?
Orion (OEC) reported operating income of $21.3M in Q2 2026.
How has Orion's operating income changed year-over-year?
Orion's operating income decreased by 33.6% year-over-year, from $32.1M to $21.3M.
What is the long-term trend for Orion's operating income?
Over 4 years (2021 to 2025), Orion's operating income has grown at a -41.1% compound annual growth rate (CAGR), from $228.6M to $27.5M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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