Fourth quarter 2025 revenue increased year-over-year, driven by strong growth in the Concrete segment, but net income declined significantly compared to the prior year due to debt extinguishment costs and weaker margins.

Orion Group Holdings started 2025 strongly, with first-quarter revenue increasing 17% to $189 million and Adjusted EBITDA doubling. The company secured $349 million in new contract awards year-to-date and reiterated its full-year 2025 guidance.

Orion Group Holdings achieved a 7.6% revenue growth in Q4 2024, reaching $216.9 million. The company posted a net income of $6.8 million, reversing the prior year's loss. Adjusted EBITDA increased by 15.3% to $17.1 million. The company's backlog stood at $977.3 million, including new awards secured after quarter-end.

Orion Group Holdings reported a strong third quarter with a 35% increase in contract revenue, a 62% increase in Adjusted EBITDA, and $35.2 million in cash flow from operations. The company's growth was primarily driven by the Pearl Harbor and Grand Bahama Shipyard Dry Dock projects. They are on track to deliver Adjusted EBITDA within the previously communicated guidance range of $40 million to $45 million for 2024.

Orion Group Holdings reported second-quarter results with revenue of $192.2 million and an adjusted EBITDA of $5.5 million. Despite logistical setbacks with two large projects, the company is on track for a strong second half. However, due to these delays, the company is lowering its annual guidance to a revenue range of $850 million to $900 million and an Adjusted EBITDA range of $40 million to $45 million.

Orion Group Holdings reported first quarter revenue of $161 million and Adjusted EBITDA of $4.1 million. The company reconfirmed its full year 2024 guidance for revenue in the range of $860 million to $950 million and anticipated Adjusted EBITDA in the range of $45 million to $50 million.

Orion Group Holdings reported Q4 2023 contract revenues of $201.6 million. GAAP net loss was $4.4 million, or $0.13 per diluted share, while adjusted net income was $2.6 million, or $0.08 per diluted share. Adjusted EBITDA was $14.8 million, and backlog totaled $883 million including contracts awarded subsequent to quarter end.

Orion Group Holdings reported contract revenues of $168.5 million. The GAAP net loss was $0.7 million or $0.02 per diluted share. Adjusted EBITDA was $9.4 million.

Orion Group Holdings reported a sequential increase in contract revenues and a return to profitability for its Concrete segment during the second quarter of 2023. The company's strategic focus on de-risking the business and strengthening the balance sheet has positioned it for accelerated growth.

Orion Group Holdings reported a decrease in contract revenues by 9.0% to $159.2 million, a net loss of $12.6 million, and an adjusted EBITDA of negative $4.1 million for the quarter ended March 31, 2023. The company secured a contract for East West Jones properties for $36 million and total backlog and awarded contracts reached $1.1 billion.

Orion Group Holdings reported a 20.9% increase in contract revenues for Q4 2022, reaching $196.2 million. The company significantly reduced its net loss to $4.9 million, or $0.15 per diluted share, and achieved an adjusted EBITDA of $3.2 million, marking a substantial improvement from the previous year.

Orion Group Holdings reported a net income of $0.2 million, or $0.01 diluted earnings per share, for the third quarter ended September 30, 2022. Adjusted net income was $0.8 million, or $0.02 diluted earnings per share. Contract revenues increased by 30.5% to $182.6 million, and gross profit increased to $13.4 million.

Orion Group Holdings reported a net loss of $3.1 million for the second quarter of 2022. Adjusted net loss, excluding non-recurring items, was $0.9 million. Contract revenues increased by 33.4% to $194.6 million, primarily driven by higher volume in the concrete segment and the start up on large jobs awarded in the second half of 2021 in the marine segment.

Orion Group Holdings reported a net loss of $4.9 million, or $0.16 diluted loss per share, for the first quarter ended March 31, 2022. Excluding non-recurring items, the adjusted net loss was $3.2 million, or $0.10 diluted loss per share. Contract revenues increased by 14.1% to $174.9 million compared to $153.3 million in the same period last year.