Orion Group Holdings Inc
For the period ended Oct 28, 2025. Filed Oct 29, 2025.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Oct 28, 2025 · Filed Oct 29, 2025
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ORN$7.22+4.8%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In Thousands, Except Margin Data)
(In Thousands, Except Margin Data)
| | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · Marine · · Concrete | |||||||||||||
| · · Three months ended · · Three months ended | |||||||||||||
| · · September 30, · · September 30, | |||||||||||||
| · 2025 · 2024 · 2025 · 2024 | |||||||||||||
| Contract revenues | | $142,942 | | $140,013 | | $82,155 | | $86,662 | | ||||
| | | | | | | | | | | | | | |
| Operating income (loss) | $10,985 | $5,485 | $(5,664) | $2,296 | | ||||||||
| Other income | | 209 | | 86 | | 2 | | 21 | | ||||
| Depreciation and amortization | | 5,081 | | 4,552 | | 811 | | 1,016 | | ||||
| EBITDA (1) | | 16,275 | | 10,123 | | (4,851) | | 3,333 | | ||||
| Share-based compensation | | | 1,064 | | | 915 | | | 312 | | | 101 | |
| ERP implementation | | | 188 | | | 194 | | | 113 | | | 148 | |
| Severance | | 31 | | 4 | | — | | — | | ||||
| Process improvement initiatives | | | — | | | 256 | | | — | | | 137 | |
| Adjusted EBITDA(2) | | $17,558 | | $11,492 | | $(4,426) | | $3,719 | | ||||
| Adjusted EBITDA margin (2) | | 12.3% | 8.2% | (5.4)% | 4.3% | ||||||||
| | | | | | | | | | | | | | |
| | | Marine | | Concrete | |||||||||
| | | Nine months ended | | Nine months ended | |||||||||
| | | September 30, | | September 30, | |||||||||
| | 2025 | 2024 | 2025 | 2024 | |||||||||
| Contract revenues | | $405,409 | | $377,291 | | $213,628 | | $202,223 | | ||||
| | | | | | | | | | | | | | |
| Operating income (loss) | | 21,993 | | (4,847) | | (12,407) | | 6,736 | | ||||
| Other income | | 256 | | 217 | | 13 | | 82 | | ||||
| Depreciation and amortization | | 13,985 | | 14,405 | | 2,541 | | 3,153 | | ||||
| EBITDA (1) | | 36,234 | | 9,775 | | (9,853) | | 9,971 | | ||||
| Share-based compensation | | | 3,615 | | | 2,735 | | | 403 | | | 195 | |
| ERP implementation | | | 741 | | | 1,068 | | | 390 | | | 573 | |
| Severance | | 591 | | 85 | | 17 | | — | | ||||
| Process improvement initiatives | | 93 | | 256 | | 45 | | 137 | | ||||
| Adjusted EBITDA(2) | | $41,274 | | $13,919 | | $(8,998) | | $10,876 | | ||||
| Adjusted EBITDA margin (2) | | 10.2% | 3.7% | (4.2)% | 5.4% | ||||||||
| | | | | | | | | | | | | | |
| (1) | EBITDA is a non-GAAP measure that represents earnings before interest, taxes, depreciation and amortization. |
| (2) | Adjusted EBITDA is a non-GAAP measure that represents EBITDA adjusted for share-based compensation, ERP implementation, severance and process improvement initiatives. Adjusted EBITDA margin is a non-GAAP measure calculated by dividing Adjusted EBITDA by contract revenues. |
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