Orion Group Holdings Inc
For the period ended Mar 3, 2026. Filed Mar 4, 2026.
View on SEC.govAbout this filing
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.
Mar 3, 2026 · Filed Mar 4, 2026
Use the contents to explore the available documents and sections.
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 | |||||||||||||
| · · December 31, · · December 31, | |||||||||||||
| · · 2025 · · 2024 · · 2025 · · 2024 | |||||||||||||
| Contract revenues | | $139,422 | | $143,959 | | $93,801 | | $72,921 | | ||||
| | | | | | | | | | | | | | |
| Operating income (loss) | $7,869 | $7,165 | $(2,844) | $2,467 | | ||||||||
| Loss on extinguishment of debt | | | (2,415) | | | — | | | (1,362) | | | — | |
| Other income | | 26 | | 25 | | 1 | | 33 | | ||||
| Depreciation and amortization | | 4,998 | | 4,288 | | 738 | | 919 | | ||||
| EBITDA(1) | | 10,478 | | 11,478 | | (3,467) | | 3,419 | | ||||
| Non-cash share-based compensation | | | 1,251 | | | 976 | | | 181 | | | 103 | |
| ERP implementation | | | 133 | | | 325 | | | 103 | | | 163 | |
| Severance | | 12 | | 19 | | — | | — | | ||||
| Process improvement initiatives | | | — | | | 387 | | | — | | | 202 | |
| Acquisition and integration | | | 494 | | | — | | | — | | | — | |
| Loss on extinguishment of debt | | | 2,415 | | | — | | | 1,362 | | | — | |
| Adjusted EBITDA(2) | | $14,783 | | $13,185 | | $(1,821) | | $3,887 | | ||||
| Adjusted EBITDA margin(2) | | 10.6% | 9.2% | (1.9)% | 5.3% | ||||||||
| | | | | | | | | | | | | | |
| | | Marine | | Concrete | |||||||||
| | | Year Ended | | Year Ended | |||||||||
| | | December 31, | | December 31, | |||||||||
| | | 2025 | | 2024 | | 2025 | | 2024 | |||||
| Contract revenues | | $544,831 | | $521,250 | | $307,429 | | $275,144 | | ||||
| | | | | | | | | | | | | | |
| Operating income (loss) | $29,862 | $2,318 | $(15,251) | $9,203 | | ||||||||
| Loss on extinguishment of debt | | | (2,415) | | | — | | | (1,362) | | | — | |
| Other income | | 282 | | 242 | | 14 | | 115 | | ||||
| Depreciation and amortization | | 18,983 | | 18,693 | | 3,279 | | 4,072 | | ||||
| EBITDA(1) | | 46,712 | | 21,253 | | (13,320) | | 13,390 | | ||||
| Non-cash share-based compensation | | | 4,866 | | | 3,711 | | | 584 | | | 298 | |
| ERP implementation | | | 874 | | | 1,393 | | | 493 | | | 736 | |
| Severance | | 603 | | 104 | | 17 | | — | | ||||
| Process improvement initiatives | | 93 | | 643 | | 45 | | 339 | | ||||
| Acquisition and integration | | | 494 | | | — | | | — | | | — | |
| Loss on extinguishment of debt | | | 2,415 | | | — | | | 1,362 | | | — | |
| Adjusted EBITDA(2) | | $56,057 | | $27,104 | | $(10,819) | | $14,763 | | ||||
| Adjusted EBITDA margin(2) | | 10.3% | 5.2% | (3.5)% | 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 non-cash share-based compensation, ERP implementation, severance, process improvement initiatives, acquisition and integration and loss on extinguishment of debt. Adjusted EBITDA margin is a non-GAAP measure calculated by dividing Adjusted EBITDA by contract revenues. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.