Orion S.A. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 4, 2026, reporting a net loss of $3.1 million for the third quarter and a net loss of $11.2 million for the first nine months of the year.

Key Highlights

  • Q3 2026 net sales: $472.8 million, up from $450.9 million in Q3 2025, according to the filing.
  • Q3 2026 net loss: $3.1 million, compared to a net loss of $67.1 million in Q3 2025, which included an $80.8 million goodwill impairment charge.
  • Nine-month net loss: $11.2 million for the nine months ended September 30, 2026, versus a net loss of $49.0 million in the same period of 2025.
  • Loss per share: Basic and diluted loss per share of $0.05 for Q3 2026, and $0.20 for the nine months ended September 30, 2026.
  • Total assets: $1,958.3 million as of September 30, 2026, compared to $1,907.6 million at December 31, 2025.
  • Operating cash flow: Net cash provided by operating activities was $72.7 million for the nine months ended September 30, 2026, down from $122.9 million in the same period of 2025.
  • Shares outstanding: 56,522,699 shares of common stock as of October 30, 2026.

Orion S.A. Third-Quarter 2026 Financial Results: Sales Rise, Loss Narrows Year Over Year

According to the quarterly report filed on NYSE:OEC, Orion S.A. reported net sales of $472.8 million for the three months ended September 30, 2026, compared to $450.9 million in the same quarter of 2025. Gross profit for Q3 2026 was $90.8 million, up from $85.6 million a year earlier. The company reported income from operations of $22.8 million in Q3 2026, a significant shift from an operating loss of $53.7 million in Q3 2025, the prior-year period of which included an $80.8 million goodwill impairment charge and no comparable charge in 2026.

For the nine months ended September 30, 2026, net sales totaled $1,433.2 million, compared to $1,395.0 million for the same period in 2025. The filing reported nine-month gross profit of $263.0 million, down from $282.1 million. Net loss for the nine-month period was $11.2 million, compared to a net loss of $49.0 million in the year-ago period. Interest and other financial expense, net, was $48.8 million for the nine months ended September 30, 2026, versus $47.2 million in 2025.

The condensed consolidated balance sheet as of September 30, 2026 showed total assets of $1,958.3 million, with cash and cash equivalents of $71.3 million. Total stockholders' equity was $398.1 million, up from $384.6 million at December 31, 2025. Net cash provided by operating activities for the nine months ended September 30, 2026 was $72.7 million. Capital expenditures totaled $73.3 million for the period, compared to $112.3 million in the first nine months of 2025. The company also reported repurchases of common stock of $0.8 million and dividends paid of $3.5 million during the nine months ended September 30, 2026.

What Was Disclosed

Orion S.A. filed its 10-Q for Q3 2026, disclosing a quarterly net loss of $3.1 million on net sales of $472.8 million, a nine-month net loss of $11.2 million, total assets of $1,958.3 million, and operating cash flow of $72.7 million for the nine-month period.