Orion (OEC) Company Report

Francisco Partners has agreed to acquire a majority stake in OEConnection LLC (OEC) from Genstar Capital.
OEC is a leading end-to-end technology platform for the global automotive aftersales ecosystem, serving 45 manufacturers, 30,000 auto dealers, and 135,000 wholesale customers across six countries.
The financial terms of the transaction were not disclosed.
Genstar, Ford, and General Motors will remain minority investors in OEC.

Nov 11, 2025, 1:00 PM

Press Release

Orion S.A. Reports Q3 2025 Earnings and Announces CFO Transition

OEC

Earnings

CFO Change

Guidance Update

Orion S.A. reported Adjusted EBITDA of approximately $58 million for Q3 2025, which was slightly better than their mid-October pre-announcement but still below expectations.
The company expects full-year 2025 free cash flow to be in the range of $25 million to $40 million.
Jeff Glajch, CFO, is retiring, and a new CFO with 30+ years of financial and business leadership experience, including 15 years in the chemical industry, will start on December 1.
Orion is addressing soft demand in key markets, with U.S. tire production down 29% and European production down 20% (Western Europe 35%) compared to normalized levels. The company is implementing cost rationalization efforts, including rationalizing 3 to 5 underperforming production lines by year-end, and anticipates working capital to be a source of cash by approximately $50 million in 2025.

Nov 5, 2025, 1:30 PM

Transcript

Orion Engineered Carbons Reports Q3 2025 Results and Revises Full-Year Guidance

OEC

Earnings

Guidance Update

Demand Weakening

Orion Engineered Carbons reported Q3 2025 Net Sales of $450.9 million, a 2.7% decrease year-over-year, and Adjusted EBITDA of $57.7 million, a 28.0% decrease year-over-year.
Adjusted Diluted Earnings per share for Q3 2025 was $0.29, a decline from $0.47 in Q3 2024.
The company's performance was affected by a difficult macro backdrop, soft premium specialty markets, and volumes skewed towards lower-margin APAC regions.
Orion Engineered Carbons revised its Full Year 2025 guidance, projecting Adjusted EBITDA between $220 million and $235 million and Adjusted EPS between $0.80 and $0.95 per share.
During Q3 2025, the company recovered $7.3 million in fraud-related losses and amended its credit agreement to increase RCF capacity.

Nov 5, 2025, 1:30 PM

Presentation

Orion Energy Systems Reports Improved Margins and Positive Adjusted EBITDA

OEC

Earnings

Guidance Update

Revenue Acceleration/Inflection

Orion Energy Systems reported a slight revenue increase to $19.9 million in its latest quarter, alongside a significant improvement in gross profit margin from 23.1% to 31%.
The company achieved its fourth consecutive quarter of positive adjusted EBITDA at $0.5 million in Q2 2026, improving from an adjusted EBITDA loss of $1.4 million in the same quarter last year, despite still posting a net loss of $600,000.
Orion reiterated its fiscal 2026 revenue growth outlook to approximately $84 million and secured $11 million in new public sector lighting business and up to $7 million in LED lighting contracts.
Analysts remain optimistic, rating the stock a 'buy' or 'strong buy' with a 12-month price target nearly 40% higher.

Nov 5, 2025, 3:52 AM

Morningstar

Orion S.A. Reports Q3 2025 Financial Results with Net Loss and Goodwill Impairment

OEC

Earnings

Profit Warning

Demand Weakening

Orion S.A. reported Q3 2025 net sales of $450.9 million and a net loss of $67.1 million, which includes an $80.8 million goodwill impairment. For the nine months ended September 30, 2025, net sales were $1,395.0 million and the net loss was $49.0 million.
Adjusted Diluted EPS for Q3 2025 was $0.29 and Adjusted EBITDA was $57.7 million, representing year-over-year decreases of $0.18 and 28% respectively.
The company generated $14 million of Free Cash Flow year to date and anticipates generating as much as $40 million in positive free cash flow for the full year 2025.
The financial performance was primarily affected by persistent macro uncertainty, challenges in the tire industry, lower oil prices, and the $80.8 million non-cash goodwill impairment charge.

Nov 4, 2025, 9:59 PM

8-K

Orion S.A. Reports Third Quarter 2025 Financial Results

OEC

Earnings

Guidance Update

Demand Weakening

Orion S.A. reported Q3 2025 net sales of $450.9 million, a decrease of $12.5 million year over year, and a net loss of $67.1 million, which included an $80.8 million goodwill impairment. For the nine months ended September 30, 2025, net sales were $1,395.0 million, down $48.3 million year over year, with a net loss of $49.0 million.
Diluted Loss per share was $1.20 for Q3 2025 and $0.87 for the nine months, while Adjusted Diluted EPS was $0.29 and $0.83 for the respective periods.
Adjusted EBITDA decreased by 28% year over year to $57.7 million for Q3 2025 and by 20% to $192.7 million for the nine months ended September 30, 2025.
The company generated $14 million of Free Cash Flow year to date and anticipates $25 million to $40 million in positive free cash flow for 2025.

Nov 4, 2025, 9:30 PM

Press Release

Orion S.A. Announces Preliminary Q3 2025 Results and Updates FY 2025 Guidance

OEC

Earnings

Guidance Update

Demand Weakening

Orion S.A. reported preliminary Q3 2025 adjusted EBITDA of approximately $55 million.
The company revised its full year 2025 adjusted EBITDA guidance to a range of $220-$235 million.
Factors impacting Q3 results included lower Western market Rubber volumes, an oil price-driven inventory revaluation, and inventory drawdown efforts.
Management is prioritizing free cash flow generation and expects to achieve positive free cash flow for the year.

Oct 14, 2025, 12:30 PM

8-K

Orion S.A. Announces Preliminary Third Quarter 2025 Results and Revised Full Year Guidance

OEC

Guidance Update

Profit Warning

Demand Weakening

Orion S.A. announced preliminary unaudited Q3 2025 adjusted EBITDA of approximately $55 million and revised its full year 2025 adjusted EBITDA guidance range to $220-$235 million.
The preliminary Q3 results and revised outlook were influenced by lower Western market Rubber volumes, an oil price-driven inventory revaluation, and inventory drawdown efforts.
The company's strategic priority has shifted to generating free cash flow for debt reduction, with expectations of positive free cash flow for 2025 despite reduced EBITDA projections.

Oct 13, 2025, 8:30 PM

Press Release

Orion S.A. reports Q1 2025 financial results

OEC

Earnings

Guidance Update

Net sales of $477.7 million, down $25.2 million year-over-year
Net income of $9.1 million and diluted EPS of $0.16, declines of $17.6 million and $0.29, respectively
Adjusted EBITDA of $66.2 million (-22% YoY) and Adjusted diluted EPS of $0.22 (-$0.30 YoY)
2025 guidance updated: Adjusted EBITDA of $270 million–$310 million and Adjusted EPS of $1.20–$1.70; free cash flow reaffirmed at $40 million–$70 million

May 7, 2025, 12:00 AM

8-K

Earnings Transcripts

Quarterly earnings call transcripts for Orion.

Ask Fintool AI Agent

Get instant answers from SEC filings, earnings calls & more

What did Corning Painter say about margins?What are Orion's strategic priorities?How is Orion positioned vs competitors?How did Orion do last quarter?

Let Fintool AI Agent track Orion's earnings for you

Get instant analysis when filings drop