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Side-by-side financial comparison of Orion S.A. (OEC) and EXPRO GROUP HOLDINGS N.V. (XPRO). Click either name above to swap in a different company.

Orion S.A. is the larger business by last-quarter revenue ($411.7M vs $382.1M, roughly 1.1× EXPRO GROUP HOLDINGS N.V.). On growth, Orion S.A. posted the faster year-over-year revenue change (-5.2% vs -12.5%). Orion S.A. produced more free cash flow last quarter ($44.2M vs $23.2M). Over the past eight quarters, EXPRO GROUP HOLDINGS N.V.'s revenue compounded faster (-0.2% CAGR vs -9.5%).

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.

Expro is an energy services provider headquartered in Houston, Texas, United States.

OEC vs XPRO — Head-to-Head

Bigger by revenue
OEC
OEC
1.1× larger
OEC
$411.7M
$382.1M
XPRO
Growing faster (revenue YoY)
OEC
OEC
+7.3% gap
OEC
-5.2%
-12.5%
XPRO
More free cash flow
OEC
OEC
$21.0M more FCF
OEC
$44.2M
$23.2M
XPRO
Faster 2-yr revenue CAGR
XPRO
XPRO
Annualised
XPRO
-0.2%
-9.5%
OEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OEC
OEC
XPRO
XPRO
Revenue
$411.7M
$382.1M
Net Profit
$5.8M
Gross Margin
18.9%
Operating Margin
4.3%
3.1%
Net Margin
1.5%
Revenue YoY
-5.2%
-12.5%
Net Profit YoY
-74.9%
EPS (diluted)
$-0.36
$0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OEC
OEC
XPRO
XPRO
Q4 25
$411.7M
$382.1M
Q3 25
$450.9M
$411.4M
Q2 25
$466.4M
$422.7M
Q1 25
$477.7M
$390.9M
Q4 24
$434.2M
$436.8M
Q3 24
$463.4M
$422.8M
Q2 24
$477.0M
$469.6M
Q1 24
$502.9M
$383.5M
Net Profit
OEC
OEC
XPRO
XPRO
Q4 25
$5.8M
Q3 25
$-67.1M
$14.0M
Q2 25
$9.0M
$18.0M
Q1 25
$9.1M
$13.9M
Q4 24
$23.0M
Q3 24
$-20.2M
$16.3M
Q2 24
$20.5M
$15.3M
Q1 24
$26.7M
$-2.7M
Gross Margin
OEC
OEC
XPRO
XPRO
Q4 25
18.9%
Q3 25
19.0%
Q2 25
21.1%
Q1 25
20.5%
Q4 24
20.6%
Q3 24
23.2%
Q2 24
23.0%
Q1 24
24.3%
Operating Margin
OEC
OEC
XPRO
XPRO
Q4 25
4.3%
3.1%
Q3 25
-11.9%
6.4%
Q2 25
6.9%
7.7%
Q1 25
6.5%
2.6%
Q4 24
5.4%
7.3%
Q3 24
-3.3%
6.2%
Q2 24
8.7%
5.9%
Q1 24
10.5%
2.2%
Net Margin
OEC
OEC
XPRO
XPRO
Q4 25
1.5%
Q3 25
-14.9%
3.4%
Q2 25
1.9%
4.3%
Q1 25
1.9%
3.6%
Q4 24
5.3%
Q3 24
-4.4%
3.8%
Q2 24
4.3%
3.3%
Q1 24
5.3%
-0.7%
EPS (diluted)
OEC
OEC
XPRO
XPRO
Q4 25
$-0.36
$0.05
Q3 25
$-1.20
$0.12
Q2 25
$0.16
$0.16
Q1 25
$0.16
$0.12
Q4 24
$0.31
$0.20
Q3 24
$-0.35
$0.14
Q2 24
$0.35
$0.13
Q1 24
$0.45
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OEC
OEC
XPRO
XPRO
Cash + ST InvestmentsLiquidity on hand
$60.7M
$196.1M
Total DebtLower is stronger
$79.1M
Stockholders' EquityBook value
$384.6M
$1.5B
Total Assets
$1.9B
$2.3B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OEC
OEC
XPRO
XPRO
Q4 25
$60.7M
$196.1M
Q3 25
$51.3M
$197.9M
Q2 25
$42.6M
$206.8M
Q1 25
$37.5M
$179.3M
Q4 24
$44.2M
$183.0M
Q3 24
$53.2M
$165.7M
Q2 24
$34.2M
$133.5M
Q1 24
$43.9M
$163.2M
Total Debt
OEC
OEC
XPRO
XPRO
Q4 25
$79.1M
Q3 25
$99.1M
Q2 25
$121.1M
Q1 25
$121.1M
Q4 24
$121.1M
Q3 24
$121.1M
Q2 24
$121.1M
Q1 24
$40.0M
Stockholders' Equity
OEC
OEC
XPRO
XPRO
Q4 25
$384.6M
$1.5B
Q3 25
$401.8M
$1.5B
Q2 25
$466.5M
$1.5B
Q1 25
$466.1M
$1.5B
Q4 24
$474.9M
$1.5B
Q3 24
$476.3M
$1.5B
Q2 24
$503.9M
$1.5B
Q1 24
$492.2M
$1.3B
Total Assets
OEC
OEC
XPRO
XPRO
Q4 25
$1.9B
$2.3B
Q3 25
$2.0B
$2.3B
Q2 25
$2.0B
$2.3B
Q1 25
$2.0B
$2.3B
Q4 24
$1.9B
$2.3B
Q3 24
$2.0B
$2.3B
Q2 24
$1.9B
$2.3B
Q1 24
$1.9B
$2.0B
Debt / Equity
OEC
OEC
XPRO
XPRO
Q4 25
0.05×
Q3 25
0.07×
Q2 25
0.08×
Q1 25
0.08×
Q4 24
0.08×
Q3 24
0.08×
Q2 24
0.08×
Q1 24
0.03×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OEC
OEC
XPRO
XPRO
Operating Cash FlowLast quarter
$92.9M
$57.1M
Free Cash FlowOCF − Capex
$44.2M
$23.2M
FCF MarginFCF / Revenue
10.7%
6.1%
Capex IntensityCapex / Revenue
11.8%
8.9%
Cash ConversionOCF / Net Profit
9.89×
TTM Free Cash FlowTrailing 4 quarters
$54.8M
$97.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OEC
OEC
XPRO
XPRO
Q4 25
$92.9M
$57.1M
Q3 25
$68.8M
$63.2M
Q2 25
$53.7M
$48.4M
Q1 25
$400.0K
$41.5M
Q4 24
$94.5M
$97.4M
Q3 24
$-30.9M
$55.3M
Q2 24
$29.3M
$-13.2M
Q1 24
$32.4M
$29.9M
Free Cash Flow
OEC
OEC
XPRO
XPRO
Q4 25
$44.2M
$23.2M
Q3 25
$27.9M
$39.0M
Q2 25
$11.5M
$27.2M
Q1 25
$-28.8M
$8.4M
Q4 24
$23.5M
$53.0M
Q3 24
$-78.8M
$23.3M
Q2 24
$-25.4M
$-49.5M
Q1 24
$-700.0K
$-801.0K
FCF Margin
OEC
OEC
XPRO
XPRO
Q4 25
10.7%
6.1%
Q3 25
6.2%
9.5%
Q2 25
2.5%
6.4%
Q1 25
-6.0%
2.1%
Q4 24
5.4%
12.1%
Q3 24
-17.0%
5.5%
Q2 24
-5.3%
-10.5%
Q1 24
-0.1%
-0.2%
Capex Intensity
OEC
OEC
XPRO
XPRO
Q4 25
11.8%
8.9%
Q3 25
9.1%
5.9%
Q2 25
9.0%
5.0%
Q1 25
6.1%
8.5%
Q4 24
16.4%
10.2%
Q3 24
10.3%
7.6%
Q2 24
11.5%
7.7%
Q1 24
6.6%
8.0%
Cash Conversion
OEC
OEC
XPRO
XPRO
Q4 25
9.89×
Q3 25
4.52×
Q2 25
5.97×
2.69×
Q1 25
0.04×
2.98×
Q4 24
4.23×
Q3 24
3.40×
Q2 24
1.43×
-0.86×
Q1 24
1.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OEC
OEC

Rubber$272.0M66%
Specialties$139.7M34%

XPRO
XPRO

NLA$130.3M34%
ESSA$116.3M30%
MENA$93.0M24%
Other$42.5M11%

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