Every 10-Q that Orion Group Holdings, Inc (ORN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ORN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ORN filings page.
Orion Group Holdings, Inc. reported higher revenue but modest profitability for the six months ended June 30, 2026. Contract revenues rose to $438.2 million from $393.9 million, while net income was $0.5 million versus a loss of $0.6 million a year earlier.
In the second quarter, contract revenues were $221.9 million, up 8%, but Orion posted a net loss of $4.1 million compared with net income of $0.8 million in 2025, as gross profit declined and selling, general and administrative expenses increased. Marine segment revenue and operating income fell due to delayed project start-ups and lower equipment utilization, partly offset by strong growth and improved margins in the concrete segment.
Orion completed the $68.4 million acquisition of J.E. McAmis, Inc. and JEM Marine Leasing, adding $35.1 million of goodwill, $7.7 million of intangible assets and $32.9 million of property and equipment. Total debt increased to $100.7 million, driven by use of the new $120 million UMB Credit Agreement, while net cash used in operating activities was $12.7 million. Consolidated backlog grew to $722 million, supported by both marine and concrete operations, and management reports adequate liquidity with $2.5 million of cash and $22.6 million of revolver availability.
Orion Group Holdings (ORN) returned to profitability in Q1 2026 and closed a sizeable acquisition. Contract revenues rose to $216.3 million from $188.7 million, driven by strong growth in the concrete segment, while marine revenues declined on project timing. Net income was $4.7 million, or $0.12 per diluted share, compared with a net loss of $1.4 million a year earlier, helped by higher gross profit and a significant tax benefit.
The company completed the $69.8 million J.E. McAmis (JEM) acquisition, adding West Coast dredging and marine capabilities. Preliminary allocation includes $32.7 million of goodwill and $9.7 million of identifiable intangibles. The deal was funded with $46.0 million cash, a $12.0 million subordinated seller note and 182,392 shares.
Debt increased as Orion drew on its new $120 million UMB Credit Agreement; total debt reached $73.5 million versus $7.9 million at year-end, with $53.0 million outstanding under the UMB facility and borrowing availability of about $45.6 million. Backlog grew to $668 million, and operating cash flow improved to an inflow of $4.9 million from an outflow in the prior-year quarter.
Orion Group Holdings (ORN) reported steady Q3 results. Contract revenues were $225.1 million versus $226.7 million a year ago. Net income was $3.3 million compared with $4.3 million, as higher gross profit was offset by increased SG&A.
Year to date, revenues reached $619.0 million (up 7%), with net income of $2.7 million versus a loss last year. The Marine segment strengthened, posting Q3 operating income of $11.0 million versus $5.5 million, while the Concrete segment swung to a Q3 operating loss of $5.7 million from income last year.
Liquidity remained available through the revolver, with no borrowings and $41.2 million of availability at September 30, 2025; cash was $4.9 million. Backlog was $679 million, with $547 million expected to convert within 12 months. Total debt was $26.5 million. A subsequent property sale closed on October 24, 2025 for $23.5 million, with proceeds designated to reduce debt and for general corporate purposes.