Orion Group Holdings Inc
For the period ended Jul 29, 2025. Filed Jul 30, 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.
Jul 29, 2025 · Filed Jul 30, 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 | |||||||||||||
| · · June 30, · · June 30, | |||||||||||||
| · 2025 · 2024 · 2025 · 2024 | |||||||||||||
| Contract revenues | | $135,302 | | $130,953 | | $69,984 | | $61,214 | | ||||
| | | | | | | | | | | | | | |
| Operating income (loss) | $6,230 | $(5,466) | $(2,798) | $2,698 | | ||||||||
| Other income | | 23 | | 83 | | 1 | | 37 | | ||||
| Depreciation and amortization | | 4,373 | | 4,922 | | 858 | | 1,048 | | ||||
| EBITDA (1) | | 10,626 | | (461) | | (1,939) | | 3,783 | | ||||
| Share-based compensation | | | 1,338 | | | 1,494 | | | 181 | | | 62 | |
| ERP implementation | | | 145 | | | 420 | | | 80 | | | 193 | |
| Severance | | 547 | | 19 | | — | | — | | ||||
| Adjusted EBITDA(2) | | $12,656 | | $1,472 | | $(1,678) | | $4,038 | | ||||
| Adjusted EBITDA margin (2) | | 9.4% | 1.1% | (2.4)% | 6.6% | ||||||||
| | | | | | | | | | | | | | |
| | | Marine | | Concrete | |||||||||
| | | Six months ended | | Six months ended | |||||||||
| | | June 30, | | June 30, | |||||||||
| | 2025 | 2024 | 2025 | 2024 | |||||||||
| Contract revenues | | $262,465 | | $237,278 | | $131,474 | | $115,561 | | ||||
| | | | | | | | | | | | | | |
| Operating income (loss) | | 11,008 | | (10,332) | | (6,743) | | 4,440 | | ||||
| Other income | | 47 | | 131 | | 11 | | 61 | | ||||
| Depreciation and amortization | | 8,904 | | 9,853 | | 1,730 | | 2,137 | | ||||
| EBITDA (1) | | 19,959 | | (348) | | (5,002) | | 6,638 | | ||||
| Share-based compensation | | | 2,370 | | | 1,820 | | | 272 | | | 94 | |
| ERP implementation | | | 553 | | | 874 | | | 277 | | | 425 | |
| Severance | | 560 | | 81 | | 17 | | — | | ||||
| Process improvement initiatives | | 93 | | — | | 45 | | — | | ||||
| Adjusted EBITDA(2) | | $23,535 | | $2,427 | | $(4,391) | | $7,157 | | ||||
| Adjusted EBITDA margin (2) | | 9.0% | 1.8% | (3.3)% | 6.2% | ||||||||
| | | | | | | | | | | | | | |
| (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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