Earnings summaries and quarterly performance for Origin Materials.
Executive leadership at Origin Materials.
Board of directors at Origin Materials.
Research analysts who have asked questions during Origin Materials earnings calls.
Recent press releases and 8-K filings for ORGN.
Origin Materials, Inc. Reaches Settlement in Stockholder Derivative Litigation
ORGN
Legal Proceedings
New Projects/Investments
Guidance Update
- Origin Materials, Inc. (ORGN) has entered into a Stipulation and Agreement of Settlement dated October 17, 2025, to resolve stockholder derivative litigation.
- The litigation alleged that individual defendants breached their fiduciary duties by making false and misleading statements and failing to disclose operational issues and delays concerning the Origin 1 and Origin 2 manufacturing plants.
- The settlement mandates the adoption and maintenance of corporate governance reforms and cost reduction measures for a minimum of three years, including enhanced Board oversight of financial and operational guidance, creation of a Chief Compliance Officer, and a Management Product and Technology Committee.
- The company will pay attorneys' fees and expenses not exceeding $700,000.
- A settlement hearing is scheduled for January 20, 2026, for final approval of the settlement.
Dec 9, 2025, 9:06 PM
Origin Materials, Inc. announces senior secured convertible notes issuance
ORGN
Debt Issuance
Convertible Preferred Issuance
- Origin Materials, Inc. (ORGN) entered into a securities purchase agreement for senior secured convertible notes with a principal face amount of up to $100.0 million and a 10% original issue discount.
- The initial closing, expected around November 17, 2025, will involve the issuance of $16.7 million in notes, providing $15.0 million after the discount. These notes are convertible into common stock at an initial conversion price of $0.62616 per share and will mature 30 months after closing.
- Monthly amortization payments, commencing December 1, 2025, can be satisfied in cash ($3.0 million) or common stock.
- The company granted a first-priority security interest in substantially all its personal property assets to the purchaser.
- Key events of default include the company's failure to maintain at least $20.0 million in unrestricted cash or the resignation of the CFO or CEO without an acceptable replacement within 30 days.
Nov 17, 2025, 1:57 PM
Origin Materials Provides 2026 and 2027 Revenue Guidance and Operational Updates
ORGN
Guidance Update
New Projects/Investments
Product Launch
- Origin Materials projects $20M-$30M in revenue for 2026 and $100M-$200M for 2027, aiming for positive run-rate Adjusted EBITDA by 2027.
- The company began production on its first CapFormer Line in February 2025 and plans for 8 to 10 CapFormer lines in 2026.
- Origin's PET caps were available in stores for flat water as of August 2025, and Berlin Packaging placed an initial order in October 2025.
- The total addressable market for Origin closures is >$65 billion, with expected gross margins in the mid double digits %.
Nov 13, 2025, 10:00 PM
Origin Materials Secures Financing and Reaffirms Revenue Guidance for 2026 and 2027
ORGN
Debt Issuance
Guidance Update
Legal Proceedings
- Origin Materials secured new financing, including a convertible debt facility with an initial $15 million cash close and capacity for up to $90 million, along with an additional $20 million in equipment-backed financing, bringing total equipment financing capacity to approximately $30 million.
- The company reaffirmed its revenue guidance, expecting $20-$30 million in 2026 and $100-$200 million in 2027, and anticipates reaching EBITDA adjusted run rate break-even in 2027.
- While on track to complete factory acceptance testing for Cap farmer line six by the end of 2025, the startup of lines seven and eight is now projected to extend into Q1 2027, an update from the prior Q4 2026 estimate.
- Origin settled securities litigation in October 2025, with the settlement costs fully covered by insurance.
- The burn rate for Q3 was $15 million, consisting of approximately $10 million in operating expenses and $5 million in capital expenditures, with a similar split anticipated for the foreseeable future.
Nov 13, 2025, 10:00 PM
Origin Materials, Inc. Announces Q3 2025 Results and Secures New Financing
ORGN
Earnings
Debt Issuance
Guidance Update
- Origin Materials, Inc. reported Q3 2025 revenue of $4.7 million and a net loss of $16.4 million, compared to $8.2 million revenue and $36.8 million net loss in the prior-year period.
- The company secured convertible debt financing with an initial $15 million in cash and capacity for up to $90 million total, alongside an additional $20 million in equipment financing, bringing total CapFormer equipment financing to approximately $30 million.
- Origin Materials is maintaining its revenue and run-rate Adjusted EBITDA guidance, projecting revenue of $20 million to $30 million for 2026 and $100 million to $200 million for 2027, with Adjusted EBITDA run-rate breakeven expected in 2027.
- As of September 30, 2025, cash, cash equivalents, and marketable securities totaled $54.3 million. The company also highlighted that its CapFormer deployment schedule is on track and Berlin Packaging placed its first order for PET caps in October 2025.
Nov 13, 2025, 9:11 PM
Origin Materials Secures Financing and Updates Production Plans
ORGN
Debt Issuance
New Projects/Investments
Guidance Update
- Origin Materials secured a $15 million convertible debt facility, with potential expansion to $90 million, to advance its sustainable PET cap production and CapFormer deployment.
- The company reported a revenue drop to $4.66 million in Q3 2025 from $8.2 million in Q3 2024, attributing the decline to supply chain rollout delays rather than reduced demand.
- Origin aims for $20-30 million in revenue in 2026 and up to $200 million by 2027, targeting break-even on an adjusted EBITDA basis with plans to deploy 8 to 10 CapFormer lines.
- Despite challenges in profitability and a low Altman Z-Score, Origin maintains strong liquidity with a current ratio over 6 and minimal leverage with a debt-to-equity ratio of 0.02.
Nov 13, 2025, 9:08 PM
Origin Materials Subsidiary Secures Promissory Note for Equipment Purchase
ORGN
Debt Issuance
New Projects/Investments
- Origin Closures, LLC, a wholly-owned subsidiary of Origin Materials, Inc., executed a Secured Promissory Note on September 22, 2025, with Starlinger & Co Gesellschaft m.b.H. for €9,476,157.60 (approximately $11,182,813.58).
- The note, effective October 7, 2025, is intended to finance the purchase of equipment for producing polyethylene terephthalate (PET) sheet.
- The promissory note carries an annual interest rate of 10.56% and will be repaid in semi-annual installments of principal and interest, commencing in April 2026 and concluding in October 2029.
- Origin Materials, Inc. has guaranteed the payment and performance obligations of its subsidiary under this note.
Oct 8, 2025, 8:37 PM
Origin Provides Update on Cap Development, Customer Qualification, and Production Capacity
ORGN
New Projects/Investments
Product Launch
Guidance Update
- Origin expresses strong confidence in its path to profitability, citing significant industry demand for sustainable and recyclable PET packaging solutions.
- The company is experiencing substantial demand for its flat water caps and expects named customer announcements to follow product qualification, with flat water applications potentially leading to quicker disclosures.
- Origin believes it holds a dominant position in the PET cap market, with products already on shelves and a technology advantage from its thermoforming platform, which produces thinner, lighter, and stronger caps.
- The company remains on track for six CapFormer lines to complete Factory Acceptance Testing (FAT) by the end of Q4 2025. In a cash-unconstrained scenario, Origin estimates a deployment rate of approximately one CapFormer line per month.
Sep 30, 2025, 12:00 AM
Origin Addresses Investor Questions on Nasdaq Status, Financing, and Product Progress
ORGN
Delisting/Listing Issues
New Projects/Investments
Guidance Update
- Origin (ORGN) expects to get its stock price above $1 for 10 consecutive days to meet Nasdaq listing requirements, with a few months remaining in the initial grace period and a potential second six-month period. The company anticipates its performance and upcoming catalysts will be sufficient to avoid delisting, but will likely seek approval for a reverse split as a precautionary measure, though it does not expect to use it.
- The company's primary financing strategy remains equipment financing through debt. While there has been a delay in the onset of significant revenue, Origin believes this will not dramatically impact its cash perspective, as the ramp-up of gross margin was already anticipated later in 2026.
- Origin is actively exploring joint ventures and licensing agreements to commercialize its PET cap technology, aiming to be capital and operating partners while securing a meaningful share of the gross margin. The company has developed a platform for PET caps, with its first 1881 format line running and thermoformers for lines two, three, and four already FATed.
- Customer feedback from capping trials has been "extraordinarily positive", leading to design improvements. Origin expects to announce some customer brands in the "not-too-distant future" and is excited about developing larger cap formats with a flagship customer due to significant economic advantages.
Jun 25, 2025, 12:00 AM
Origin Updates on PET Cap Production, Tariffs, and Customer Demand
ORGN
New Projects/Investments
Product Launch
- Origin's first PET Cap production line at Reed City Group in Michigan is operational, producing caps for customers and inventory, with three additional lines in construction or assembly expected for delivery/testing in the coming months.
- While tariffs (estimated at 10% for most equipment from Europe to the US) are a concern and may impact geographic deployment, the business case for CapFormers remains strong, with an 18-month payback period for 1881 caps still considered viable.
- The company reports strong demand for its caps, with nearly 60 companies in the pipeline, 10 actively qualifying caps, and 11 preparing for qualification, alongside 17 new inquiries from "flagship-level customers" this month.
- The majority of Origin's R&D resources have been reallocated to caps and closures, with only single-digit percentages of total spend dedicated to Furanics.
Apr 22, 2025, 8:15 PM
Quarterly earnings call transcripts for Origin Materials.
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