Orion Group Q1 revenue $216M, net income $4.7M; reaffirms 2026 guidance

Orion Group Holdings Inc

2026-Q1 EPS reported $0.12 revenue$216,301,000

Revenue $216.3M, +15% YoY; GAAP net income $4.7M vs loss of $1.4M in Q1 2025.
Adj. EBITDA $8.7M (+7% YoY); Adj. EPS $0.05.
Backlog $668M ($494M Marine, $174M Concrete); new awards $219M.
Reaffirmed full-year 2026 guidance; demand driven by defense, ports, data centers.
Cash $6.3M, debt $72M; $47M drawn for J.E. McAmis acquisition.

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