---
schema_version: "secwatch.filing_event.v1"
accession: "0001873923-25-000116"
form_type: "8-K"
ticker: "ONL"
cik: "0001873923"
company_name: "Orion Properties Inc."
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:58:51.902975+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Orion Properties Q2 net loss $0.45/share; raises 2025 Core FFO guidance to $0.67-$0.71

## Summary
- Total revenues $37.3M vs $40.1M YoY; net loss $(25.1)M ($0.45/share) vs $(33.8)M ($0.60).
- Core FFO $11.5M ($0.20/diluted share) vs $14.2M ($0.25); FFO $8.9M ($0.16).
- Leased 179K sq ft in Q2; 639K sq ft YTD; 80K sq ft post-quarter in Kennesaw, GA.
- Sold four vacant properties for $26.9M in Q2; pending sales of five offices for $56.9M.
- Declared Q3 dividend $0.02/share payable Oct 15; 2025 Core FFO guidance raised to $0.67-$0.71.

## SEC filing metadata
- accession: 0001873923-25-000116
- form_type: 8-K
- ticker: ONL
- cik: 0001873923
- company_name: Orion Properties Inc.
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1873923/000187392325000116/0001873923-25-000116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1873923/000187392325000116/onl-20250806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001873923-25-000116
- JSON: https://secwatch.observer/filing/0001873923-25-000116.json
- Plain text: https://secwatch.observer/filing/0001873923-25-000116.txt

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