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Orion Group Holdings — Third Quarter 2026 Earnings Summary

Orion Group Holdings reported third-quarter 2026 revenue of $256.2 million, representing a 14% increase from the prior year, alongside a GAAP net income of $5.5 million. The company secured $179 million in new awards and change orders, including positions on two additional U.S. Navy Multiple Award Construction Contracts. Adjusted EBITDA for the quarter rose 37% to $17.9 million, driven by strong performance in both the Marine and Concrete segments. Orion reiterated its full-year 2026 financial guidance, projecting revenue between $900 million and $950 million and adjusted EPS between $0.23 and $0.30.

Company
ORION GROUP HOLDINGS INC
Sector
Industrials
Industry
Engineering & Construction