---
schema_version: "secwatch.filing_event.v1"
accession: "0001802457-23-000088"
form_type: "8-K"
ticker: "ORGN"
cik: "0001802457"
company_name: "Origin Materials, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T23:02:35.769360+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Origin Materials Q2 rev $6.9M; Origin 1 startup; FDCA moved to Origin 2; phased build to 2026-2028

## Summary
- Q2 revenue $6.9M vs $0 prior year; net loss $6.3M vs net income $46.9M; Adj EBITDA loss $11.7M vs $6.9M loss.
- Origin 1 commercial CMF plant initiated start-up in June 2023.
- FDCA production moved from Origin 3 to Origin 2; Origin 2 now phased: Phase 1 start-up late 2026-2027, Phase 2 in 2028.
- Phase 1 capital budget up to $400M; Phase 2 up to $1.2B (vs original $1.07B total); 2024 capex up to $50M.
- Maintained FY2023 guidance: revenue $40-60M, Adj EBITDA loss $50-60M; customer demand exceeds $10B in offtake.

## SEC filing metadata
- accession: 0001802457-23-000088
- form_type: 8-K
- ticker: ORGN
- cik: 0001802457
- company_name: Origin Materials, Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802457/000180245723000088/0001802457-23-000088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802457/000180245723000088/orgn-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001802457-23-000088
- JSON: https://secwatch.observer/filing/0001802457-23-000088.json
- Plain text: https://secwatch.observer/filing/0001802457-23-000088.txt

## Key facts
- Earnings Releases
  Origin Materials, Inc. updated its the three months ended June 30, 2023 guidance (reaffirmed).
  - Period: the three months ended June 30, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On August 9, 2023, Origin Materials, Inc. issued a press release announcing its financial results for the three months ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802457/000180245723000088/0001802457-23-000088-index.htm

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