Filing Flows › Orion S.A. (OEC) › Q2 2025
Orion S.A. (OEC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Orion S.A. (OEC) reported revenue of $466M for the second quarter 2025 (Q2 2025), -2% from a year earlier and -2% from the quarter before. Operating margin was 6.9%, net earnings $9.0M (1.9% of revenue).
Orion S.A., Q2 2025: revenue $466M (-2% year over year), operating margin 6.9%, net earnings $9.0M, operating cash flow $53.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $466M | -2% | -2% |
| Gross profit | $98.4M | +0.3% | -10% |
| Operating profit | $32.1M | +3% | -23% |
| Net earnings | $9.0M | -1% | -56% |
| Operating cash flow | $53.7M | 134× | +83% |
| Free cash flow | $11.5M | — | — |
What changed
Revenue was $466.4M in Q2 2025, down 2% year over year and down 2% from the previous quarter.
Gross margin was 21.1%, down 1.9 points from a year earlier. Operating profit was $32.1M, a 6.9% margin (down 1.8 points year over year). Operating expenses fell 3% while revenue fell 2%. The fastest-growing cost line was Other operating costs (+50%). Net earnings were $9.0M, down 56% year over year. The effective tax rate was 33.8%.
Operating cash flow was $53.7M (up 83% year over year), 597% of net earnings. Non-cash charges added back $32.0M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items added $9.1M. Capital expenditures of $42.2M left free cash flow of $11.5M.
Questions
What was Orion S.A.'s revenue in the second quarter 2025?
Orion S.A.
Was Orion S.A. profitable in the second quarter 2025?
Operating profit was $32.1M (6.9% of revenue) and net earnings $9.0M.
Source: Orion S.A. 10-Q on SEC EDGAR.