Orion Group Holdings Q3 revenue rises 14% to $256.2 million; full-year guidance reiterated
Orion Group Holdings reported third quarter 2026 results with contract revenue up 14% year over year to $256.2 million and GAAP net income of $5.5 million, or $0.14 per diluted share, compared with $3.3 million, or $0.08, a year earlier. The company reiterated its full-year 2026 guidance, which calls for revenue of $900 million to $950 million and Adjusted EBITDA of $50 million to $54 million.
Key points
- Q3 2026 contract revenue of $256.2 million, up from $225.1 million, with the company citing the acquisition of J.E. McAmis as a contributor
- GAAP net income of $5.5 million ($0.14 per diluted share) vs. $3.3 million ($0.08) a year earlier; Adjusted EBITDA rose 37% to $17.9 million
- Full-year 2026 guidance reiterated: revenue $900 million to $950 million, Adjusted EBITDA $50 million to $54 million, Adjusted EPS $0.23 to $0.30
- Won positions on two U.S. Navy MACC contract vehicles, including the $9 billion VENTI MACC; Q3 bookings and awards were about $179 million
The filing
Written by AI on Nov 9, 2026, 10:08 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 October 28, 2026.
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