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Orion Group Holdings ORN Operating Income

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Segments

By segment

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Heavy Civil Marine Construction$7.7M+23.6%
Commercial Concrete$4.2M+250%

Other financials

Income statement

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Revenue$221.9M+8.1%
Gross profit$22.9M-11.1%
Net income-$4.1M-593%
EPS (diluted)-$0.10-600%

Balance sheet

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Cash & equivalents$2.5M+45.9%
Total debt$148.8M+89.1%
Total assets$496.2M+14.7%

Cash flow

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Operating cash flow-$17.6M-217%
CapEx$11.5M+61.7%
Free cash flow-$29.2M-130%

Valuation

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Market cap$417.51M+58.0%
Enterprise value$563.76M+65.2%
P/E108.6×
P/S0.5×+0.2×

Profitability

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Gross margin11.8%-0.9pp
Operating margin0.9%-1.7pp
Net margin0.4%
FCF margin-2.8%-0.5pp

Returns & leverage

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Return on equity-50.6%
Debt / equity0.6×
Current ratio1.5×+0.1×

Where this comes from

Reported directly by Orion Group Holdings in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Orion Group Holdings’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 2:41 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001402829-26-000046
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Gross profit22,92725,79748,80648,812
Selling, general and administrative expenses24,39522,77451,10445,319
Gain on disposal of assets, net(153)(409)(188)(772)
Operating (loss) income(1,315)3,432(2,110)4,265
Other (expense) income:
Interest expense(2,505)(2,920)(4,036)(5,254)
Other income149117310344
Other expense, net(2,356)(2,803)(3,726)(4,910)

Item 1. Financial Statements (Unaudited)

FAQ

What is Orion Group Holdings's operating income?
Orion Group Holdings (ORN) reported operating income of -$1.32M in Q2 2026.
How has Orion Group Holdings's operating income changed year-over-year?
Orion Group Holdings's operating income decreased by 138.3% year-over-year, from $3.43M to -$1.32M.
What is the long-term trend for Orion Group Holdings's operating income?
Over 4 years (2021 to 2025), Orion Group Holdings's operating income has grown at a 11.9% compound annual growth rate (CAGR), from -$9.32M to $14.61M.
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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