For Q1 FY2026 ended March 31, 2026, Orion Group Holdings reported revenue of $216.3 million, up 14.7% year-over-year. Net income was $4.7 million, a significant increase from the prior year, while operating income was negative $0.8 million. Diluted EPS was $0.12, up 400% year-over-year. The company had $6.3 million in cash and $66.3 million in long-term debt.
•Revenue increased 14.7% YoY to $216.3 million.
•Net income improved to $4.7 million from a loss in the prior year.
•Diluted EPS rose to $0.12 from $0.02.
•Long-term debt stood at $66.3 million with cash of $6.3 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Orion is a specialty construction company for the infrastructure, industrial, and building sectors in the United States, Canada, and the Caribbean Basin. Its business is organized into two segments, Marine and Concrete.
The company engages in the building, rehabilitation, and maintenance of a range of marine transportation facilities including terminals, cruise ship berths, private terminals, U.S. Navy facilities, marinas, and port facilities.
Its portfolio also includes installation of foundations, mooring structures, and related components, provision of ongoing inspection, maintenance, and emergency repair services
Logistics services for directional drilling, installation and removal of underwater pipelines and transmission infrastructure, such as industrial intakes and outfalls, river crossing, and tie-ins, construction, repair, and maintenance of overwater bridges, causeways, and fendering systems, and construction of various environmental protection structures
Including levees, erosion control systems, concrete mats, wetlands restoration features, and geotube installations for island and shoreline creation Maintenance and capital dredging services for ports, waterways, and channels. Additionally, it offers specialty services, such as design, salvage, demolition, surveying, towing, commercial diving, underwater inspection, excavation, and repair services
Concrete construction services, including concrete placement and finishing, site preparation, layout, forming, and rebar placement services for data centers. Its portfolio also includes industrial, warehouse, and distribution facilities, commercial, multi-family, institutional, and mixed-use structures, and retail, hospital, and recreational facilities. Founded in 1994 and headquartered in Houston, Texas, Orion was formerly known as Orion Marine Group, Inc. before rebranding in May 2016.
Orion Group Holdings is a specialty construction company serving the infrastructure, industrial, and building sectors across the United States, Canada, and the Caribbean Basin. The company operates through two main segments: Marine and Concrete. The Marine segment focuses on building, rehabilitating, and maintaining marine transportation facilities such as terminals, cruise ship berths, U.S. Navy facilities, marinas, and port facilities. It also provides services like underwater pipeline installation, overwater bridge construction, environmental protection structures (levees, erosion control, wetlands restoration), and maintenance dredging. The Concrete segment offers concrete placement and finishing, site preparation, forming, and rebar placement, particularly for data centers. Additionally, Orion provides specialty services including design, salvage, demolition, surveying, towing, commercial diving, and underwater inspection.
Where is Orion Group Holdings listed and what currency does it use?
Orion Group Holdings, Inc. is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol ORN. The company's financial reporting and stock trading are conducted in US Dollars (USD). As a US-based company listed on a major American exchange, its shares are traded in USD, making it accessible to investors through standard brokerage accounts that trade on the NYSE.
What sector and industry does Orion Group Holdings operate in?
Orion Group Holdings operates in the Industrials sector, specifically within the Engineering & Construction industry. This classification reflects the company's core business of providing specialized construction services for large-scale infrastructure projects. The Engineering & Construction industry encompasses companies that design, build, and maintain structures such as bridges, ports, pipelines, and environmental systems. Orion's focus on marine and concrete construction positions it as a niche player within this broader industry, serving both public and private clients in the US, Canada, and the Caribbean Basin.
In which geographic regions does Orion Group Holdings operate?
Orion Group Holdings operates primarily in the United States, Canada, and the Caribbean Basin. The company's projects span across these regions, with a strong presence in marine and concrete construction. In the US, it serves both public and private clients, including the U.S. Navy, and works on infrastructure such as ports, bridges, and environmental protection systems. In Canada and the Caribbean, Orion undertakes similar projects, leveraging its expertise in marine facilities, underwater pipelines, and dredging. The company's geographic diversity allows it to tap into various markets while focusing on specialized construction services.
How does Orion Group Holdings make money?
Orion Group Holdings generates revenue through its two business segments: Marine and Concrete. The Marine segment earns income by constructing, rehabilitating, and maintaining marine transportation facilities like terminals, cruise ship berths, and port facilities. It also provides services such as underwater pipeline installation, overwater bridge construction, environmental protection structures (levees, erosion control, wetlands restoration), and maintenance dredging. The Concrete segment generates revenue from concrete placement and finishing, site preparation, forming, and rebar placement, particularly for data centers. Additionally, Orion offers specialty services like design, salvage, demolition, surveying, towing, commercial diving, and underwater inspection, which contribute to its overall revenue stream.