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Side-by-side financial comparison of Offerpad Solutions Inc. (OPAD) and Orion Group Holdings Inc (ORN). Click either name above to swap in a different company.

Orion Group Holdings Inc is the larger business by last-quarter revenue ($216.3M vs $114.1M, roughly 1.9× Offerpad Solutions Inc.). On growth, Orion Group Holdings Inc posted the faster year-over-year revenue change (14.6% vs -34.5%). Over the past eight quarters, Orion Group Holdings Inc's revenue compounded faster (6.1% CAGR vs -36.8%).

Offerpad Solutions Inc is a prominent U.S. proptech firm focused on simplifying residential real estate transactions. Operating under the iBuyer model, it purchases homes directly from sellers, conducts required renovations, and resells properties to buyers. It also provides supporting services including mortgage assistance, title services, and flexible moving options for clients across dozens of U.S. states.

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.

OPAD vs ORN — Head-to-Head

Bigger by revenue
ORN
ORN
1.9× larger
ORN
$216.3M
$114.1M
OPAD
Growing faster (revenue YoY)
ORN
ORN
+49.1% gap
ORN
14.6%
-34.5%
OPAD
Faster 2-yr revenue CAGR
ORN
ORN
Annualised
ORN
6.1%
-36.8%
OPAD

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OPAD
OPAD
ORN
ORN
Revenue
$114.1M
$216.3M
Net Profit
$4.7M
Gross Margin
7.0%
12.0%
Operating Margin
Net Margin
2.2%
Revenue YoY
-34.5%
14.6%
Net Profit YoY
49.1%
435.7%
EPS (diluted)
$0.12

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
OPAD
OPAD
ORN
ORN
Q1 26
$216.3M
Q4 25
$114.1M
$233.2M
Q3 25
$132.7M
$225.1M
Q2 25
$160.3M
$205.3M
Q1 25
$160.7M
$188.7M
Q4 24
$174.3M
$216.9M
Q3 24
$208.1M
$226.7M
Q2 24
$251.1M
$192.2M
Net Profit
OPAD
OPAD
ORN
ORN
Q1 26
$4.7M
Q4 25
$-240.0K
Q3 25
$-11.6M
$3.3M
Q2 25
$-10.9M
$841.0K
Q1 25
$-15.1M
$-1.4M
Q4 24
$-17.3M
$6.8M
Q3 24
$-13.5M
$4.3M
Q2 24
$-13.8M
$-6.6M
Gross Margin
OPAD
OPAD
ORN
ORN
Q1 26
12.0%
Q4 25
7.0%
11.6%
Q3 25
7.0%
13.2%
Q2 25
8.9%
12.6%
Q1 25
6.5%
12.2%
Q4 24
6.1%
14.0%
Q3 24
8.2%
11.9%
Q2 24
8.7%
9.5%
Operating Margin
OPAD
OPAD
ORN
ORN
Q1 26
Q4 25
2.2%
Q3 25
-5.1%
2.4%
Q2 25
-4.9%
1.7%
Q1 25
-7.2%
0.4%
Q4 24
-7.8%
4.4%
Q3 24
-4.3%
3.4%
Q2 24
-3.9%
-1.4%
Net Margin
OPAD
OPAD
ORN
ORN
Q1 26
2.2%
Q4 25
-0.1%
Q3 25
-8.7%
1.5%
Q2 25
-6.8%
0.4%
Q1 25
-9.4%
-0.7%
Q4 24
-9.9%
3.1%
Q3 24
-6.5%
1.9%
Q2 24
-5.5%
-3.4%
EPS (diluted)
OPAD
OPAD
ORN
ORN
Q1 26
$0.12
Q4 25
$-0.00
Q3 25
$-0.37
$0.08
Q2 25
$-0.39
$0.02
Q1 25
$-0.55
$-0.04
Q4 24
$-0.64
$0.22
Q3 24
$-0.49
$0.12
Q2 24
$-0.50
$-0.20

Balance Sheet & Financial Strength

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

Metric
OPAD
OPAD
ORN
ORN
Cash + ST InvestmentsLiquidity on hand
$26.5M
$6.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$38.2M
$166.7M
Total Assets
$154.8M
$478.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPAD
OPAD
ORN
ORN
Q1 26
$6.3M
Q4 25
$26.5M
$1.6M
Q3 25
$31.0M
$4.9M
Q2 25
$22.6M
$1.7M
Q1 25
$30.8M
$13.0M
Q4 24
$43.0M
$28.3M
Q3 24
$48.5M
$28.3M
Q2 24
$56.9M
$4.8M
Total Debt
OPAD
OPAD
ORN
ORN
Q1 26
Q4 25
Q3 25
Q2 25
$33.4M
Q1 25
$23.3M
Q4 24
$23.2M
Q3 24
$28.0M
Q2 24
$60.3M
Stockholders' Equity
OPAD
OPAD
ORN
ORN
Q1 26
$166.7M
Q4 25
$38.2M
$159.0M
Q3 25
$39.9M
$157.9M
Q2 25
$24.5M
$153.2M
Q1 25
$34.2M
$150.8M
Q4 24
$47.7M
$150.7M
Q3 24
$64.7M
$142.4M
Q2 24
$77.6M
$111.1M
Total Assets
OPAD
OPAD
ORN
ORN
Q1 26
$478.7M
Q4 25
$154.8M
$414.7M
Q3 25
$223.5M
$422.4M
Q2 25
$268.0M
$432.7M
Q1 25
$274.5M
$416.3M
Q4 24
$313.1M
$417.3M
Q3 24
$338.5M
$430.3M
Q2 24
$406.6M
$414.0M
Debt / Equity
OPAD
OPAD
ORN
ORN
Q1 26
Q4 25
Q3 25
Q2 25
0.22×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.20×
Q2 24
0.54×

Cash Flow & Capital Efficiency

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

Metric
OPAD
OPAD
ORN
ORN
Operating Cash FlowLast quarter
$66.8M
Free Cash FlowOCF − Capex
$65.7M
FCF MarginFCF / Revenue
57.6%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPAD
OPAD
ORN
ORN
Q1 26
Q4 25
$66.8M
$13.8M
Q3 25
$40.0M
$23.3M
Q2 25
$-13.5M
$-5.6M
Q1 25
$-10.2M
$-3.4M
Q4 24
$20.8M
$13.4M
Q3 24
$39.6M
$37.5M
Q2 24
$-54.4M
$-15.3M
Free Cash Flow
OPAD
OPAD
ORN
ORN
Q1 26
Q4 25
$65.7M
$454.0K
Q3 25
$13.9M
Q2 25
$-13.6M
$-12.7M
Q1 25
$-11.2M
$-12.5M
Q4 24
$15.4M
$9.9M
Q3 24
$38.7M
$33.3M
Q2 24
$-54.4M
$-20.0M
FCF Margin
OPAD
OPAD
ORN
ORN
Q1 26
Q4 25
57.6%
0.2%
Q3 25
6.2%
Q2 25
-8.5%
-6.2%
Q1 25
-7.0%
-6.6%
Q4 24
8.9%
4.6%
Q3 24
18.6%
14.7%
Q2 24
-21.7%
-10.4%
Capex Intensity
OPAD
OPAD
ORN
ORN
Q1 26
Q4 25
0.9%
5.7%
Q3 25
0.0%
4.2%
Q2 25
0.1%
3.5%
Q1 25
0.6%
4.8%
Q4 24
3.1%
1.6%
Q3 24
0.4%
1.8%
Q2 24
0.0%
2.4%
Cash Conversion
OPAD
OPAD
ORN
ORN
Q1 26
Q4 25
Q3 25
7.05×
Q2 25
-6.61×
Q1 25
Q4 24
1.98×
Q3 24
8.79×
Q2 24

Financial Flow Comparison

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

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