Orion Group Holdings Publishes Q3 2026 Financial Results Call Transcript

By Public Technologies17:41 (UTC), 3 November 2026 Updated

Orion Group Holdings reiterated 2026 guidance at its October 28 earnings call with CEO Travis Boone and CFO Alison Vasquez.
Management expects results near guidance’s upper end: revenue of $900 million–$950 million, adjusted EBITDA of $50 million–$54 million.
Third-quarter revenue rose 14% to $256 million; adjusted EBITDA increased 37% to $18 million.
Submitted bids awaiting awards reached $2 billion, versus just over $1 billion at year-start, reflecting slower customer awards rather than weaker demand.
A fully funded federal marine project worth around $200 million is expected to enter backlog in mid-to-late 2027.

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