Orion Group Holdings Inc 2026: Revenue $221.88M, EPS ($0.1) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Orion Group Holdings Inc reported Q2 2026 revenue of $221.88M, an 8.1% YoY increase driven by strong concrete segment demand and new project awards. However, the company posted a net loss of ($4.15M) and diluted EPS of ($0.1), contrasting with prior-year net income of $841K. Year-to-date revenue rose 11% to $438.2M. The firm also completed the acquisition of JEM in February 2026 to enhance marine capabilities.
Orion Group Holdings Inc reported second-quarter 2026 results with revenue rising to $221.88M while the company posted a net loss of ($4.15M), or diluted EPS of ($0.1), compared with revenue of $205.29M and net income of $841K, or EPS $0.02, in the prior-year quarter.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $221.88M | $205.29M | 8.1% |
| Net income² | ($4.15M) | $841K | (592.9%) |
| Diluted EPS³ | ($0.1) | $0.02 | (600%) |
¹ Reported as “Contract revenues”. ² Reported as “Net (loss) income”. ³ Reported as “Diluted income per share”.
Business Highlights
- Revenue growth was driven by strong demand in the concrete segment and new project awards; consolidated year-to-date revenue rose 11% to $438.2M.
- The concrete segment expanded significantly, generating $91.0M in the quarter versus $70.0M in the prior-year quarter, offsetting softer marine timing and utilization.
- Concrete momentum reflected robust demand, site civil expansion and improved project execution.
- Orion completed the acquisition of JEM, a dredging and environmental specialist, in February 2026 to enhance marine capabilities and backlog.
Original SEC Filing: Orion Group Holdings Inc [ ORN ] - 10-Q - Jul. 29, 2026