secwatch.observer — SEC 8-K summary
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Issuer:     Orion Group Holdings Inc (ORN)
CIK:        0001402829
Form:       8-K
Filed at:   2026-07-29T12:59:23+00:00
Accession:  0001402829-26-000044
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orion Group Q2 2026 revenue up 8% to $221.9M but net loss of $4.1M; guidance reset
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- Revenue $221.9M (+8% YoY); GAAP net loss $4.1M ($0.10 loss per share) vs net income $0.8M ($0.02 EPS) in Q2 2025.
- Adjusted EBITDA $7.9M (down from $11.0M YoY); Adjusted EPS $0.02 (vs $0.07).
- Booked awards $277M; book-to-bill 1.25x; total backlog $722M ($554M Marine, $168M Concrete).
- Concrete segment revenue +30% YoY, adjusted EBITDA +45%; Marine revenue down on project timing.
- Full-year 2026 guidance reset; pipeline $27B; working capital $92M, total debt $99M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402829/000140282926000044/0001402829-26-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402829/000140282926000044/orn-20260728x8k.htm
  HTML page:      https://secwatch.observer/filing/0001402829-26-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer