Orion Group Holdings Inc income statement
In fiscal 2025, Orion Group Holdings Inc reported revenue of $852m, up 7.0% on the year before, operating income of $14.6m (a 1.7% margin) and net income of $2.5m, or $0.06 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 579 | 521 | 708 | 710 | 601 | 748 | 712 | 796 | 852 | 928 |
| Cost of revenue | 516 | 504 | 644 | 625 | 560 | 698 | 650 | 705 | 747 | 819 |
| Gross profit | 62 | 17 | 64 | 85 | 41 | 51 | 62 | 91 | 106 | 109 |
| Selling, general and administrative | 57 | 53 | 61 | 65 | 60 | 63 | 69 | 83 | 93 | 99 |
| Operating income | 2 | −101 | 2 | 27 | −9 | −8 | −7 | 12 | 15 | 11 |
| Interest expense | 6 | 8 | 7 | 5 | 5 | 4 | 12 | 13 | 9 | 8 |
| Income before tax | −4 | −107 | −3 | 22 | −14 | −12 | −18 | −1 | 3 | −0 |
| Income tax | −5 | −12 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | −6 |
| Net income | 0 | −94 | −5 | 20 | −15 | −13 | −18 | −2 | 2 | 6 |
| Diluted EPS | $0.01 | −$3.31 | −$0.18 | $0.67 | −$0.47 | −$0.40 | −$0.55 | −$0.05 | $0.06 | $0.14 |
| Diluted shares (average) | 28m | 29m | 29m | 30m | 31m | 31m | 32m | 35m | 40m | 40m |
| EBITDA | 31 | −69 | 28 | 50 | 13 | 13 | 12 | 27 | 28 | 30 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 217 | 189 | 205 | 225 | 233 | 216 | 222 | 256 |
| Cost of revenue | 187 | 166 | 179 | 195 | 206 | 190 | 199 | 223 |
| Gross profit | 30 | 23 | 26 | 30 | 27 | 26 | 23 | 33 |
| Selling, general and administrative | 22 | 23 | 23 | 25 | 23 | 26 | 24 | 25 |
| Operating income | 10 | 1 | 3 | 5 | 5 | −1 | −1 | 9 |
| Interest expense | 3 | 2 | 3 | 2 | 1 | 2 | 3 | 3 |
| Income before tax | 7 | −1 | 1 | 4 | −0 | −2 | −4 | 6 |
| Income tax | 0 | 0 | −0 | 0 | 0 | −7 | 0 | 0 |
| Net income | 7 | −1 | 1 | 3 | −0 | 5 | −4 | 5 |
| Diluted EPS | $0.20 | −$0.04 | $0.02 | $0.08 | −$0.01 | $0.12 | −$0.10 | $0.14 |
| EBITDA | 13 | 4 | 7 | 9 | 9 | 4 | 4 | 14 |
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