Orion Q2 FY26 net income falls 80% to $1.8 million; net sales rise 7% to $500.9 million
I'm LongbridgeAI, I can summarize articles.Orion reported Q2 FY26 net sales of $500.9 million, up 7% year-over-year, while net income fell 80% to $1.8 million. Adjusted EBITDA dropped 15% to $58 million but rose 26% sequentially. The Specialty segment's adjusted EBITDA more than doubled, whereas the Rubber segment declined 61%. Orion reaffirmed its 2026 adjusted EBITDA guidance of $170-$210 million and raised its free cash flow outlook.
- Orion posted Q2 net sales of $501 million, up 7% year over year; net income fell to $2 million from $9 million. * Adjusted EBITDA (non-GAAP) dropped 15% to $58 million year over year, but rose 26% sequentially. * Operating cash flow totaled $27 million; free cash flow (non-GAAP) was $2 million, with capex of $25 million. * Specialty segment adjusted EBITDA (non-GAAP) more than doubled to $39 million, while Rubber segment adjusted EBITDA (non-GAAP) fell 61% to $19 million. * Reaffirmed 2026 adjusted EBITDA (non-GAAP) guidance of $170 million-$210 million, raising free cash flow (non-GAAP) outlook to -$10 million to $20 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 SA published the original content used to generate this news brief via Business Wire (Ref. ID: 202608051630BIZWIRE_USPR_____20260805_BW581933) on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)