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Side-by-side financial comparison of Orion Group Holdings Inc (ORN) and Teads Holding Co. (TEAD). Click either name above to swap in a different company.

Teads Holding Co. is the larger business by last-quarter revenue ($352.2M vs $216.3M, roughly 1.6× Orion Group Holdings Inc). Orion Group Holdings Inc runs the higher net margin — 2.2% vs -121.6%, a 123.7% gap on every dollar of revenue. On growth, Teads Holding Co. posted the faster year-over-year revenue change (50.2% vs 14.6%). Over the past eight quarters, Teads Holding Co.'s revenue compounded faster (27.4% CAGR vs 6.1%).

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.

Teads Holding Co. operates a leading global end-to-end digital video advertising platform. It partners with premium online publishers and brand advertisers to deliver tailored, engaging video ad experiences across desktop, mobile and connected TV devices, serving clients across North America, Europe, Asia-Pacific and Latin America, with focus on programmatic ad tech solutions for the digital marketing space.

ORN vs TEAD — Head-to-Head

Bigger by revenue
TEAD
TEAD
1.6× larger
TEAD
$352.2M
$216.3M
ORN
Growing faster (revenue YoY)
TEAD
TEAD
+35.5% gap
TEAD
50.2%
14.6%
ORN
Higher net margin
ORN
ORN
123.7% more per $
ORN
2.2%
-121.6%
TEAD
Faster 2-yr revenue CAGR
TEAD
TEAD
Annualised
TEAD
27.4%
6.1%
ORN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ORN
ORN
TEAD
TEAD
Revenue
$216.3M
$352.2M
Net Profit
$4.7M
$-428.2M
Gross Margin
12.0%
34.2%
Operating Margin
-98.2%
Net Margin
2.2%
-121.6%
Revenue YoY
14.6%
50.2%
Net Profit YoY
435.7%
-256321.6%
EPS (diluted)
$0.12
$-4.63

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
ORN
ORN
TEAD
TEAD
Q1 26
$216.3M
Q4 25
$233.2M
$352.2M
Q3 25
$225.1M
$318.8M
Q2 25
$205.3M
$343.1M
Q1 25
$188.7M
$286.4M
Q4 24
$216.9M
$234.6M
Q3 24
$226.7M
$224.2M
Q2 24
$192.2M
$214.1M
Net Profit
ORN
ORN
TEAD
TEAD
Q1 26
$4.7M
Q4 25
$-240.0K
$-428.2M
Q3 25
$3.3M
$-19.7M
Q2 25
$841.0K
$-14.3M
Q1 25
$-1.4M
$-54.8M
Q4 24
$6.8M
$-167.0K
Q3 24
$4.3M
$6.7M
Q2 24
$-6.6M
$-2.2M
Gross Margin
ORN
ORN
TEAD
TEAD
Q1 26
12.0%
Q4 25
11.6%
34.2%
Q3 25
13.2%
33.2%
Q2 25
12.6%
35.1%
Q1 25
12.2%
28.9%
Q4 24
14.0%
23.9%
Q3 24
11.9%
21.8%
Q2 24
9.5%
21.3%
Operating Margin
ORN
ORN
TEAD
TEAD
Q1 26
Q4 25
2.2%
-98.2%
Q3 25
2.4%
-2.0%
Q2 25
1.7%
-0.7%
Q1 25
0.4%
-15.5%
Q4 24
4.4%
1.1%
Q3 24
3.4%
-1.3%
Q2 24
-1.4%
-2.6%
Net Margin
ORN
ORN
TEAD
TEAD
Q1 26
2.2%
Q4 25
-0.1%
-121.6%
Q3 25
1.5%
-6.2%
Q2 25
0.4%
-4.2%
Q1 25
-0.7%
-19.2%
Q4 24
3.1%
-0.1%
Q3 24
1.9%
3.0%
Q2 24
-3.4%
-1.0%
EPS (diluted)
ORN
ORN
TEAD
TEAD
Q1 26
$0.12
Q4 25
$-0.00
$-4.63
Q3 25
$0.08
$-0.21
Q2 25
$0.02
$-0.15
Q1 25
$-0.04
$-0.70
Q4 24
$0.22
$0.02
Q3 24
$0.12
$0.01
Q2 24
$-0.20
$-0.04

Balance Sheet & Financial Strength

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

Metric
ORN
ORN
TEAD
TEAD
Cash + ST InvestmentsLiquidity on hand
$6.3M
$138.7M
Total DebtLower is stronger
$605.1M
Stockholders' EquityBook value
$166.7M
$95.4M
Total Assets
$478.7M
$1.3B
Debt / EquityLower = less leverage
6.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORN
ORN
TEAD
TEAD
Q1 26
$6.3M
Q4 25
$1.6M
$138.7M
Q3 25
$4.9M
$138.3M
Q2 25
$1.7M
$166.1M
Q1 25
$13.0M
$155.9M
Q4 24
$28.3M
$166.1M
Q3 24
$28.3M
$130.5M
Q2 24
$4.8M
$162.7M
Total Debt
ORN
ORN
TEAD
TEAD
Q1 26
Q4 25
$605.1M
Q3 25
$604.0M
Q2 25
$33.4M
$603.0M
Q1 25
$23.3M
$610.8M
Q4 24
$23.2M
$0
Q3 24
$28.0M
$0
Q2 24
$60.3M
$118.0M
Stockholders' Equity
ORN
ORN
TEAD
TEAD
Q1 26
$166.7M
Q4 25
$159.0M
$95.4M
Q3 25
$157.9M
$519.3M
Q2 25
$153.2M
$532.0M
Q1 25
$150.8M
$474.7M
Q4 24
$150.7M
$231.3M
Q3 24
$142.4M
$227.2M
Q2 24
$111.1M
$216.0M
Total Assets
ORN
ORN
TEAD
TEAD
Q1 26
$478.7M
Q4 25
$414.7M
$1.3B
Q3 25
$422.4M
$1.7B
Q2 25
$432.7M
$1.8B
Q1 25
$416.3M
$1.7B
Q4 24
$417.3M
$549.2M
Q3 24
$430.3M
$530.1M
Q2 24
$414.0M
$626.2M
Debt / Equity
ORN
ORN
TEAD
TEAD
Q1 26
Q4 25
6.34×
Q3 25
1.16×
Q2 25
0.22×
1.13×
Q1 25
0.15×
1.29×
Q4 24
0.15×
0.00×
Q3 24
0.20×
0.00×
Q2 24
0.54×
0.55×

Cash Flow & Capital Efficiency

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

Metric
ORN
ORN
TEAD
TEAD
Operating Cash FlowLast quarter
$7.3M
Free Cash FlowOCF − Capex
$6.5M
FCF MarginFCF / Revenue
1.8%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$2.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORN
ORN
TEAD
TEAD
Q1 26
Q4 25
$13.8M
$7.3M
Q3 25
$23.3M
$-23.7M
Q2 25
$-5.6M
$25.0M
Q1 25
$-3.4M
$-966.0K
Q4 24
$13.4M
$42.7M
Q3 24
$37.5M
$13.7M
Q2 24
$-15.3M
$3.6M
Free Cash Flow
ORN
ORN
TEAD
TEAD
Q1 26
Q4 25
$454.0K
$6.5M
Q3 25
$13.9M
$-24.5M
Q2 25
$-12.7M
$23.9M
Q1 25
$-12.5M
$-3.9M
Q4 24
$9.9M
$40.0M
Q3 24
$33.3M
$11.1M
Q2 24
$-20.0M
$2.8M
FCF Margin
ORN
ORN
TEAD
TEAD
Q1 26
Q4 25
0.2%
1.8%
Q3 25
6.2%
-7.7%
Q2 25
-6.2%
7.0%
Q1 25
-6.6%
-1.4%
Q4 24
4.6%
17.0%
Q3 24
14.7%
5.0%
Q2 24
-10.4%
1.3%
Capex Intensity
ORN
ORN
TEAD
TEAD
Q1 26
Q4 25
5.7%
0.2%
Q3 25
4.2%
0.2%
Q2 25
3.5%
0.3%
Q1 25
4.8%
1.0%
Q4 24
1.6%
1.2%
Q3 24
1.8%
1.1%
Q2 24
2.4%
0.4%
Cash Conversion
ORN
ORN
TEAD
TEAD
Q1 26
Q4 25
Q3 25
7.05×
Q2 25
-6.61×
Q1 25
Q4 24
1.98×
Q3 24
8.79×
2.04×
Q2 24

Financial Flow Comparison

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

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