Orion Group Q2 revenue up 7% to $205M, Adjusted EBITDA doubles to $11M; reaffirms FY2025 guidance

Orion Group Holdings Inc

2025-Q2 EPS reported -$0.01 revenue$393,939,000

Revenue $205.3M (+7% YoY); GAAP net income $0.8M vs $6.6M loss in Q2 2024.
Adjusted EBITDA $11.0M (5.3% margin) vs $5.5M; Adjusted EPS $0.07 vs ($0.12).
Backlog $745.7M at June 30, 2025; new contract awards over $450M in 1H2025.
Reaffirmed FY2025 guidance: revenue $800-850M, Adj EBITDA $42-46M, Adj EPS $0.11-0.17.
Appointed Alison Vasquez as CFO to support next phase of growth strategy.

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