Orion Group Holdings IncORNEarnings & Financial Report
Orion Corporation, founded in 1917 and headquartered at Espoo, Finland, is a globally operating Finnish company which develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients for global markets. All of the company's manufacturing sites and the majority of its R&D units are in Finland.
Revenue
$205.3M
Gross Profit
$25.8M
Operating Profit
$3.4M
Net Profit
$841.0K
Gross Margin
12.6%
Operating Margin
1.7%
Net Margin
0.4%
YoY Growth
6.8%
EPS
$0.02
Orion Group Holdings Inc Q2 FY2025 Financial Summary
Orion Group Holdings Inc reported revenue of $205.3M (up 6.8% YoY) for Q2 FY2025, with a net profit of $841.0K (up 112.7% YoY) (0.4% margin). Cost of goods sold was $179.5M, operating expenses totaled $22.4M.
Key Financial Metrics
| Total Revenue | $205.3M |
|---|---|
| Net Profit | $841.0K |
| Gross Margin | 12.6% |
| Operating Margin | 1.7% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Orion Group Holdings Inc Q2 FY2025 revenue of $205.3M breaks down across 7 segments, led by Light Commercial at $57.4M (28.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Light Commercial | $57.4M | 28.0% |
| Customer Type Local | $43.1M | 21.0% |
| Customer Type Federal | $39.4M | 19.2% |
| Corporate Joint Venture | $33.3M | 16.2% |
| Dredging | $17.7M | 8.6% |
| Structural | $12.6M | 6.1% |
| Specialty Services | $2.8M | 1.4% |
Orion Group Holdings Inc Revenue by Segment — Quarterly Trend
Orion Group Holdings Inc revenue by segment across the last 4 reported quarters, showing how each business line (such as Light Commercial and Customer Type Local) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Light Commercial | $85.8M | $70.7M | $57.4M | $47.8M |
| Customer Type Local | — | $42.0M | $43.1M | — |
| Customer Type Federal | — | $44.9M | $39.4M | — |
| Corporate Joint Venture | — | — | $33.3M | — |
| Dredging | $18.1M | $23.8M | $17.7M | $16.9M |
Orion Group Holdings Inc Annual Revenue by Year
Orion Group Holdings Inc annual revenue history includes year-by-year totals (for example, 2025 revenue was $852.3M).
| Year | Annual Revenue |
|---|---|
| 2025 | $852.3M |
| 2024 | $796.4M |
| 2023 | $711.8M |
| 2022 | $748.3M |
Orion Group Holdings Inc Quarterly Revenue & Net Profit History
Orion Group Holdings Inc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $233.2M | +7.5% | $-240.0K | -0.1% |
| Q3 FY2025 | $225.1M | -0.7% | $3.3M | 1.5% |
| Q2 FY2025 | $205.3M | +6.8% | $841.0K | 0.4% |
| Q1 FY2025 | $188.7M | +17.4% | $-1.4M | -0.7% |
| Q4 FY2024 | $216.9M | +7.6% | $6.8M | 3.1% |
| Q3 FY2024 | $226.7M | +34.5% | $4.3M | 1.9% |
| Q2 FY2024 | $192.2M | +5.3% | $-6.6M | -3.4% |
| Q1 FY2024 | $160.7M | +0.9% | $-6.1M | -3.8% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $160.7M | $192.2M | $226.7M | $216.9M | $188.7M | $205.3M | $225.1M | $233.2M |
| YoY Growth | 0.9% | 5.3% | 34.5% | 7.6% | 17.4% | 6.8% | -0.7% | 7.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $363.6M | $414.0M | $430.3M | $417.3M | $416.3M | $432.7M | $422.4M | $414.7M |
| Liabilities | $247.5M | $303.0M | $287.9M | $266.6M | $265.5M | $279.5M | $264.5M | $255.6M |
| Equity | $116.1M | $111.1M | $142.4M | $150.7M | $150.8M | $153.2M | $157.9M | $159.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-22.8M | $-15.3M | $37.5M | $13.4M | $-3.4M | $-5.6M | $23.3M | $13.8M |