Filing Flows › Orion S.A. (OEC) › Q2 2026 › vs Q1 2026
Orion S.A. (OEC) Q2 2026 vs Q1 2026 (quarter over quarter)
Orion S.A.'s revenue rose $41.4M (+9%) from $460M in Q1 2026 to $501M in Q2 2026. Gross margin 18.6% against 17.2% (+1.3 pts).
Orion S.A., Q2 2026: revenue $501M (+7% year over year), operating margin 4.3%, net earnings $1.8M, operating cash flow $27.3M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 18.6% | 17.2% | +1.3 pts |
| Operating margin | 4.3% | 2.5% | +1.8 pts |
| Net margin | 0.4% | -2.2% | +2.5 pts |
| Free cash flow margin | 0.4% | -10.6% | +10.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $501M | $460M | $41.4M | +9% |
| Gross profit | $93.0M | $79.2M | $13.8M | +17% |
| Cost of revenue | $408M | $380M | $27.6M | +7% |
| Operating profit | $21.3M | $11.4M | $9.9M | +87% |
| Operating expenses | $71.7M | $67.8M | $3.9M | +6% |
| Pre-tax earnings | $5.2M | −$3.2M | $8.4M | — |
| Other expense, net | $16.1M | $14.6M | $1.5M | +10% |
| Research & development | $7.2M | $7.3M | −$100K | -1% |
| SG&A | $62.7M | $59.1M | $3.6M | +6% |
| Other operating costs | $1.8M | $1.4M | $400K | +29% |
| Net earnings | $1.8M | −$9.9M | $11.7M | — |
| Income tax | $3.4M | $6.7M | −$3.3M | -49% |
| Operating cash sources | $37.7M | $24.2M | $13.5M | +56% |
| Depreciation & amortization | $32.9M | $32.7M | $200K | +0.6% |
| Share-based compensation | $3.0M | $1.4M | $1.6M | +114% |
| Working capital & other | $10.4M | $36.6M | −$26.2M | -72% |
| Operating cash flow | $27.3M | −$12.4M | $39.7M | — |
| Free cash flow (OCF − capex) | $1.9M | −$48.5M | $50.4M | — |
| Capital expenditures | $25.4M | $36.1M | −$10.7M | -30% |
Questions
How much did Orion S.A.'s revenue grow quarter over quarter in Q2 2026?
Orion S.A.'s revenue rose $41.4M (+9%) from $460M in Q1 2026 to $501M in Q2 2026. Gross margin 18.6% against 17.2% (+1.3 pts).