---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-008579"
form_type: "8-K"
ticker: "OEC"
cik: "0001609804"
company_name: "Orion S.A."
filed_at: "2026-02-17T23:59:59+00:00"
generated_at: "2026-05-16T02:26:19.335795+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Orion S.A. reports Q4 2025 net loss $21M, full-year net loss $70M on headwinds

## Summary
- Full-year 2025 net sales $1.8B down 4% YoY; net loss $70M includes $81M goodwill impairment.
- Q4 2025 net sales $412M (-5% YoY); volume down 4%, price down 6%.
- Adjusted EBITDA $248M for 2025, Q4 adjusted EBITDA $55M vs $62M prior year.
- Rubber Carbon Black Q4 volume 166.7 kmt vs 168.2 kmt; segment EBITDA $28.7M vs $36.7M.
- Actions include capex reduction, cost structure adjustments, and amended credit agreement for leverage headroom.

## SEC filing metadata
- accession: 0001628280-26-008579
- form_type: 8-K
- ticker: OEC
- cik: 0001609804
- company_name: Orion S.A.
- filed_at: 2026-02-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609804/000162828026008579/0001628280-26-008579-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609804/000162828026008579/oec-20260217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-008579
- JSON: https://secwatch.observer/filing/0001628280-26-008579.json
- Plain text: https://secwatch.observer/filing/0001628280-26-008579.txt

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