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Orion Group Holdings vs Cardinal Infrastructure Group: ORN and CDNL compared
Orion Group Holdings is the larger company: $256M of revenue in its latest quarter (Q3 2026) against $227M for Cardinal Infrastructure Group (Q2 2026). Cardinal Infrastructure Group is growing faster (+114% against +14% a year earlier). Cardinal Infrastructure Group is more profitable, with an operating margin of 6.8% against 3.3%.
Where the money goes: ORN and CDNL
Orion Group Holdings (ORN) · Q3 2026
Orion Group Holdings, Q3 2026: revenue $256M (+14% year over year), operating margin 3.3%, net earnings $5.5M, operating cash flow $2.0M. The chart follows the revenue to costs, profit and cash.
Cardinal Infrastructure Group (CDNL) · Q2 2026
Cardinal Infrastructure Group, Q2 2026: revenue $227M (+114% year over year), operating margin 6.8%, net earnings $4.7M, operating cash flow $12.7M. The chart follows the revenue to costs, profit and cash.
| Orion Group Holdings (ORN) | Cardinal Infrastructure Group (CDNL) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $256M | $227M |
| Revenue growth, Y/Y | +14% | +114% |
| Gross margin | 12.9% | — |
| Operating margin | 3.3% | 6.8% |
| Net earnings | $5.5M | $4.7M |
| Net margin | 2.1% | 2.1% |
| Operating cash flow | $2.0M | $12.7M |
Where the revenue comes from
Orion Group Holdings
- Marine Segment: $161M (63%)
- Concrete Segment: $95.0M (37%)
Questions
Which is bigger, Orion Group Holdings or Cardinal Infrastructure Group?
Orion Group Holdings is the larger company: $256M of revenue in its latest quarter (Q3 2026) against $227M for Cardinal Infrastructure Group (Q2 2026).
Is Orion Group Holdings or Cardinal Infrastructure Group growing faster?
Cardinal Infrastructure Group is growing faster (+114% against +14% a year earlier).
Which is more profitable, Orion Group Holdings or Cardinal Infrastructure Group?
Cardinal Infrastructure Group is more profitable, with an operating margin of 6.8% against 3.3%.
More: Orion Group Holdings earnings · how Orion Group Holdings makes money · Cardinal Infrastructure Group earnings · how Cardinal Infrastructure Group makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 28, 2026; 10-Q filed Aug 12, 2026). Fiscal quarters can end on different dates. Not investment advice.