Orion Group Holdings Reports Second Quarter 2026 Results and Posts Investor Presentation

Earnings Announcement and Quarterly Performance Disclosure

Orion Group Holdings released its second quarter 2026 financial results on July 28, 2026, providing investors with updates on the company's operational and financial performance for the period ended June 30, 2026. The disclosure was furnished through a current report filing with the Securities and Exchange Commission. The company indicated in its announcement that it would supplement its GAAP financial results with additional non-GAAP measures to help investors understand operational performance more comprehensively.

The filing does not specify what individual financial metrics or figures were disclosed in the press release, as the actual detailed results were attached as an exhibit rather than included directly in the regulatory document reviewed. Investors seeking the specific revenue figures, net income results, earnings per share, or other quantitative metrics from the second quarter would need to review the full press release exhibit, which was formally filed as part of the disclosure package.

Non-GAAP Financial Measures and Supplemental Reporting

Orion Group disclosed that it supplements its financial results prepared in accordance with generally accepted accounting principles with several non-GAAP financial measures. These supplemental measures include Adjusted Net Income (Loss), Adjusted Earnings (Loss) Per Common Share, earnings before interest, taxes, depreciation and amortization (EBITDA), Adjusted EBITDA, and Adjusted EBITDA Margin. The company stated that management believes these non-GAAP measures are frequently used by investors, securities analysts, and other parties when evaluating company performance and comparing it to other companies in the infrastructure and marine contracting industry.

The company noted that management uses these measures internally to evaluate operating performance, liquidity, and capital structure. Additionally, the disclosure indicated that the company's incentive compensation plan measures performance based on consolidated EBITDA, along with other factors. The company acknowledged that the methods it uses to produce these non-GAAP measures may differ from methods used by other companies and cautioned that these measures should be considered in addition to, not as substitutes for, financial measures prepared in accordance with GAAP. Reconciliations between GAAP and non-GAAP measures were stated to be included in the attached press release exhibit.

Investor Presentation Posted to Company Website

On July 29, 2026, the day following the earnings announcement, Orion Group posted its second quarter 2026 investor presentation to its corporate website. The presentation was formally incorporated into the SEC disclosure as an exhibit to provide supplemental information alongside the earnings announcement. The company indicated that all information included in the presentation was presented as of the dates indicated within the document itself.

The filing states that the company does not assume any obligation to correct or update the information in the presentation in the future. Additionally, Orion Group issued a disclaimer regarding the presentation, noting that it disclaims any inferences regarding the materiality of the information that may arise as a result of furnishing the presentation under the relevant SEC regulation. This presentation presumably contains charts, graphs, and narrative discussion of the company's operational results, market conditions, and strategic positioning for the quarter and year-to-date periods.

Company Business and Geographic Presence

Orion Group Holdings, Inc., headquartered in Houston, Texas, operates as a marine and heavy civil infrastructure contractor serving various sectors of the construction industry. The company maintains its principal executive offices at 2940 Riverby Road, Suite 400, in Houston. As a publicly traded company on the New York Stock Exchange under the ticker symbol ORN, Orion Group is subject to ongoing SEC disclosure requirements and reporting obligations.

The company is incorporated in the state of Delaware and maintains its registration with the SEC under Commission File Number 1-33891. The organization operates across multiple market segments and geographic regions, with the second quarter results providing insight into how the company performed during the first half of 2026 amid broader market conditions affecting the marine and infrastructure construction sectors.

Regulatory Filing Classification and Disclosure Status

Orion Group submitted its financial results announcement using a current report format, which is the standard mechanism for publicly traded companies to disclose material events and financial results that occur outside of the regular quarterly and annual filing cycles. The company explicitly noted in the filing that the information furnished regarding results of operations and financial condition, including the press release exhibit, is being furnished and shall not be deemed "filed" for any purpose.

This distinction between "furnished" and "filed" information is significant for regulatory purposes, as it affects how the disclosure is incorporated into the company's official regulatory record and how it may be referenced in future filings. The company further stated that the furnished information shall not be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such filing. This clarification ensures that investors and other parties understand the limited incorporation of the exhibits into the broader regulatory framework.

Emerging Growth Company Status

The filing includes disclosure regarding Orion Group's status under securities regulations. The company confirmed through a checkbox on the regulatory form that it is not classified as an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. This classification is relevant because emerging growth companies are eligible for reduced disclosure and compliance obligations under certain SEC rules and regulations.

As a non-emerging growth company, Orion Group is subject to the full range of disclosure and reporting requirements applicable to large accelerated filers and other established public companies. The company did not elect to use an extended transition period for complying with new or revised financial accounting standards, indicating its full participation in standard regulatory timelines for accounting standard implementation.

Stock Exchange Listing and Trading Information

Orion Group's common stock, with a par value of $0.01 per share, is listed and trades on two exchanges. The stock trades on The New York Stock Exchange under the ticker symbol ORN and also trades on NYSE Texas under the same ticker symbol. This dual listing provides investors with multiple venue options for executing trades in company shares and reflects the company's status as a significant publicly traded enterprise.

The common stock information is detailed in the regulatory filing as required by SEC rules, which mandate that companies disclose the classes of securities they have outstanding and the specific exchanges on which those securities trade. The provision of trading symbols and exchange information ensures that investors can accurately identify and trade the company's securities.

Management Signature and Filing Authentication

The regulatory filing was signed by Travis J. Boone, who holds the position of President and Chief Executive Officer of Orion Group Holdings, Inc. The filing was dated July 29, 2026, indicating when the company's authorized officer signed the document to authenticate its submission to the SEC. This signature certifies that the company has complied with applicable regulatory requirements in preparing and submitting the current report.

The authentication of the filing through an officer's signature is a standard requirement of SEC regulations and serves as evidence that the document has been properly authorized and approved by company management before submission to securities regulators. The timing of the signature date relative to the earnings announcement date indicates that the company processed and filed the regulatory disclosure promptly following the public announcement of its financial results.

Investor Considerations and Information Access

Investors and market participants interested in obtaining detailed financial metrics, operational commentary, and management discussion of Orion Group's second quarter performance should consult the company's press release and investor presentation, both of which were formally filed as exhibits to the current report. The press release contains the specific financial figures and year-over-year comparisons, while the investor presentation provides supplemental visualizations and narrative context regarding business performance, market conditions, and company strategy.

The immediate share price impact was not clear from available public information within the regulatory filing itself. Investors evaluating the company's second quarter results should review all disclosed materials in conjunction with their own analysis and should consider the company's historical performance, industry trends, competitive positioning, and macroeconomic factors affecting the marine and heavy civil construction sectors. The company's use of non-GAAP measures alongside GAAP results allows investors to form a comprehensive understanding of operational performance across multiple analytical frameworks.