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Orion Group Holdings ORN Heavy Civil Marine Construction — Gross Profit

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Commercial Concrete
$7.74M+37.0%

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Other financials

Income statement

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Revenue$221.9M+8.1%
Gross profit$22.9M-11.1%
Operating income-$1.3M-138%
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:GrossProfit.

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 itemMarineConcreteGeneral CorporateConsolidated
Contract revenues$130,842$91,036$221,878
Cost of contract revenues115,65883,293198,951
Gross profit15,1847,74322,927
Selling, general and administrative expenses7,6233,55713,21524,395
Gain on disposal of assets, net(140)(13)(153)
Operating income (loss)$7,701$4,199$(13,215)$(1,315)
Other income (expense):
Interest expense(2,505)

Item 1. Financial Statements (Unaudited)

FAQ

What is Orion Group Holdings's heavy civil marine construction — gross profit?
Orion Group Holdings (ORN) reported heavy civil marine construction — gross profit of $15.18M in Q2 2026.
How has Orion Group Holdings's heavy civil marine construction — gross profit changed year-over-year?
Orion Group Holdings's heavy civil marine construction — gross profit decreased by 24.6% year-over-year, from $20.15M to $15.18M.
What is the long-term trend for Orion Group Holdings's heavy civil marine construction — gross profit?
Over 3 years (2022 to 2025), Orion Group Holdings's heavy civil marine construction — gross profit has grown at a 26.9% compound annual growth rate (CAGR), from $42.62M to $87.11M.
What does heavy civil marine construction — gross profit mean?
Calculated as the difference between segment revenue and the direct costs of goods and services sold. This metric measures the fundamental profitability of the segment's construction operations before accounting for overhead and administrative expenses. It is a key indicator of pricing power and project-level cost control.

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