Orion S.A. Q2 sales rise 7% to $501 million; net income falls to $2 million
Orion S.A. reported second quarter 2026 net sales of $501 million, up 7% from a year earlier, but net income fell to $2 million from $9 million and Adjusted EBITDA fell to $58 million from $69 million. The company reaffirmed its full-year 2026 Adjusted EBITDA guidance of $170 million to $210 million and raised its full-year free cash flow guidance, which it said is a $43 million improvement at the midpoint.
Key points
- Net sales were $501 million, up 7% from $466 million in the second quarter of 2025; net income was $2 million versus $9 million a year earlier.
- Adjusted EBITDA was $58 million, down from $69 million a year earlier but up 26% from the first quarter.
- Full-year 2026 Adjusted EBITDA guidance of $170 million to $210 million was reaffirmed; free cash flow guidance was raised to a range of a $10 million outflow to a $20 million inflow.
- Liquidity was $178 million and the net debt-to-Adjusted EBITDA ratio was 4.4x at June 30, 2026.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.