---
title: "Orion Group Q2 FY26 turns to GAAP net loss of $4.1 million; revenue rises 8% to $221.9 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294107642.md"
description: "Orion Group Holdings reported a Q2 FY26 GAAP net loss of $4.1 million, reversing prior-year profit, while revenue grew 8% to $221.9 million. Adjusted EBITDA declined to $7.9 million from $11 million. The company maintained its full-year revenue guidance of $900-$950 million but lowered adjusted EBITDA outlook to $50-$54 million. Backlog increased to $722 million."
datetime: "2026-07-28T20:12:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294107642.md)
  - [en](https://longbridge.com/en/news/294107642.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294107642.md)
generator: "portal-rs"
---

# Orion Group Q2 FY26 turns to GAAP net loss of $4.1 million; revenue rises 8% to $221.9 million

-   Orion Group Holdings posted Q2 GAAP net loss of USD 4.1 million, or USD 0.10 per diluted share, swinging from profit a year earlier. \* Revenue rose 8% to USD 221.9 million, driven by Concrete growth and partly offset by lower Marine activity on project-start timing issues. \* Adjusted EBITDA fell to USD 7.9 million from USD 11 million; gross profit slipped 11% to USD 22.9 million. \* Backlog climbed to USD 722 million at June 30 from USD 640 million at Dec. 31; Q2 awards and change orders totaled USD 277 million. \* Full-year outlook kept revenue at USD 900 million-USD 950 million, while adjusted EBITDA was cut to USD 50 million-USD 54 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orion Group Holdings Inc. published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**