Orion Group Holdings releases transcript of Q2 2026 earnings call
ORN•Concrete segment update
Concrete posted more than 30% revenue growth. Management said margins are targeted near 6%.
Data centers were about 50% of concrete revenue, up from 40% in Q1.
Marine, backlog and pipeline
Marine results fell on delayed project starts, slower awards, and lower equipment utilization. Management framed the weakness as timing, with delays now cleared.
Bookings topped $275 million, backlog was $722 million, and the pipeline was about $27 billion, with about $1.6 billion quoted and awaiting award.
Management cited 90% of second-half marine work under contract and 80% of second-half companywide work under contract, supporting a stronger back half.
Q2 results and full-year guidance
Orion Group Holdings hosted its Q2 2026 results call with the CEO, CFO, and investor relations attending.
- Revenue was $222 million, up .
