---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-048952"
form_type: "8-K"
ticker: "OEC"
cik: "0001609804"
company_name: "Orion S.A."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:38:07.893338+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Orion Q3 2025 net loss $67.1M, adjusted EBITDA down 28% YoY; goodwill impairment of $80.8M

## Summary
- Net sales $450.9M, down $12.5M YoY; net loss $67.1M includes $80.8M goodwill impairment.
- Diluted loss per share $1.20; adjusted diluted EPS $0.29, down $0.18 YoY.
- Adjusted EBITDA $57.7M, down 28% YoY; nine-month adjusted EBITDA $192.7M, down 20%.
- Still expects positive free cash flow in 2025; YTD free cash flow $14M.
- New cost initiatives introduced to enhance competitiveness.

## SEC filing metadata
- accession: 0001628280-25-048952
- form_type: 8-K
- ticker: OEC
- cik: 0001609804
- company_name: Orion S.A.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609804/000162828025048952/0001628280-25-048952-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609804/000162828025048952/oec-20251104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-048952
- JSON: https://secwatch.observer/filing/0001628280-25-048952.json
- Plain text: https://secwatch.observer/filing/0001628280-25-048952.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.