Filing Flows › Orion S.A. (OEC) › Q3 2026
Orion S.A. (OEC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Orion S.A. (OEC) reported revenue of $473M for the third quarter 2026 (Q3 2026), +5% from a year earlier and -6% from the quarter before. Operating margin was 4.8%, net loss $3.1M (0.7% of revenue).
Orion S.A., Q3 2026: revenue $473M (+5% year over year), operating margin 4.8%, net loss $3.1M, operating cash flow $57.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $473M | -6% | +5% |
| Operating profit | $22.8M | +7% | — |
| Net earnings | −$3.1M | -272% | — |
| Operating cash flow | $57.8M | +112% | -16% |
| Free cash flow | $46.0M | — | — |
What changed
Revenue was $472.8M in Q3 2026, up 5% year over year and down 6% from the previous quarter.
Gross margin was 19.2%, up 0.2 points from Q3 2025. Operating profit was $22.8M, a 4.8% margin (up 16.7 points year over year). Operating expenses fell 51% while revenue rose 5%. The quarter ended with a net loss of $3.1M, after a profit of $1.8M the previous quarter. Net interest and other expense of $17.7M was the main reason.
Operating cash flow was $57.8M (down 16% year over year). Non-cash charges added back $39.6M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items added $18.2M. After net cash used in investing activities ($11.8M), free cash flow as the company reports it was $46.0M.
Questions
What was Orion S.A.'s revenue in the third quarter 2026?
Orion S.A.
Was Orion S.A. profitable in the third quarter 2026?
Operating profit was $22.8M (4.8% of revenue) and net loss $3.1M.
Source: Orion S.A. 10-Q on SEC EDGAR.