Orion Q3 Sales Rise 5% to $473 Million; Net Loss Narrows; Guidance Midpoint Raised
Orion S.A. reported third quarter 2026 net sales of $472.8 million, up 5% from $450.9 million a year earlier, and a net loss of $3.1 million, compared with $67.1 million in the prior-year quarter, which included an $80.8 million goodwill impairment. The company tightened its 2026 Adjusted EBITDA guidance to $190 million to $200 million and raised the midpoint, citing strong year-to-date results offset by expected fourth-quarter seasonal softness and a heavier plant turnaround schedule.
Key points
- Net sales of $472.8 million, up 5% year over year; Adjusted EBITDA of $66.8 million versus $57.7 million
- Net loss of $3.1 million, or $0.05 per share, versus a net loss of $67.1 million, or $1.20 per share, a year earlier
- Third quarter Adjusted EBITDA included an approximate $17 million net benefit from the timing of European emission allowances
- 2026 Adjusted EBITDA guidance tightened to $190 million to $200 million with the midpoint raised; free cash flow was $46 million in the quarter and net debt was $918 million
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 November 04, 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.