ORN (ORN) financial statements
ORN reported revenue of $852M in fiscal 2025, up 5.0% a year over 8 years.
Net income was $2M.
Free cash flow was -$11M.
The diluted share count rose 44% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from ORN's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $579M | $521M | $708M | $710M | $601M | $748M | $712M | $796M | $852M |
| Cost of revenue | — | $516M | $504M | $644M | $625M | $560M | $698M | $650M | $705M | $747M |
| Gross profit | $67M | $62M | $17M | $64M | $85M | $41M | $51M | $62M | $91M | $106M |
| Selling, general and admin | $65M | $57M | $53M | $61M | $65M | $60M | $63M | $69M | $83M | $93M |
| Operating income | $4M | $2M | -$101M | $2M | $27M | -$9M | -$8M | -$7M | $12M | $15M |
| Interest expense | $6M | $6M | $8M | $7M | $5M | $5M | $4M | $12M | $13M | $9M |
| Pre-tax income | -$2M | -$4M | -$107M | -$3M | $22M | -$14M | -$12M | -$18M | -$1M | $3M |
| Income tax | $2M | -$5M | -$12M | $2M | $2M | $502,000 | $429,000 | $330,000 | $348,000 | $419,000 |
| Net income | -$4M | $400,000 | -$94M | -$5M | $20M | -$15M | -$13M | -$18M | -$2M | $2M |
| EPS (diluted) | -$0.13 | $0.01 | -$3.31 | -$0.18 | $0.67 | -$0.47 | -$0.40 | -$0.55 | -$0.05 | $0.06 |
| Diluted shares | 28M | 28M | 29M | 29M | 30M | 31M | 31M | 32M | 35M | 40M |
| Gross margin | — | 10.8% | 3.2% | 9.0% | 11.9% | 6.8% | 6.8% | 8.7% | 11.4% | 12.4% |
| Operating margin | — | 0.3% | -19.3% | 0.3% | 3.7% | -1.5% | -1.1% | -0.9% | 1.4% | 1.7% |
| Net margin | — | 0.1% | -18.1% | -0.8% | 2.8% | -2.4% | -1.7% | -2.5% | -0.2% | 0.3% |
Balance sheet
Fiscal years, from ORN's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $305,000 | $9M | $9M | $128,000 | $2M | $12M | $4M | $31M | $28M | $2M |
| Inventory | $5M | $4M | $1M | $1M | $2M | $1M | $3M | $3M | $2M | $2M |
| Total current assets | $195M | $192M | $137M | $212M | $235M | $198M | $220M | $272M | $269M | $278M |
| Property, plant and equipment | $158M | $146M | $148M | $132M | $125M | $107M | $101M | $88M | $86M | $88M |
| Goodwill | $66M | $69M | $0 | — | — | — | — | — | — | — |
| Total assets | $448M | $433M | $313M | $395M | $414M | $352M | $367M | $417M | $417M | $415M |
| Total current liabilities | $118M | $122M | $86M | $150M | $181M | $162M | $189M | $216M | $191M | $204M |
| Long-term debt | $82M | $63M | $76M | $68M | $30M | $259,000 | $716,000 | $24M | $23M | $6M |
| Total liabilities | $221M | $202M | $171M | $257M | $255M | $204M | $229M | $295M | $267M | $256M |
| Shareholders' equity | $226M | $231M | $142M | $138M | $159M | $148M | $138M | $121M | $151M | $159M |
| Net debt | $101M | $77M | $70M | $72M | $32M | $27M | $32M | $6M | -$5M | $6M |
Cash flow
Fiscal years, from ORN's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $23M | $34M | $22M | -$716,000 | $46M | $69,000 | $10M | $17M | $13M | $28M |
| Capital spending | $19M | $11M | $18M | $17M | $15M | $17M | $15M | $9M | $14M | $39M |
| Free cash flow | $4M | $23M | $4M | -$18M | $31M | -$17M | -$5M | $8M | -$1M | -$11M |
| Stock-based compensation | $2M | $2M | $2M | $3M | $2M | $2M | $3M | $2M | $4M | $5M |
| Share buybacks (net) | — | — | — | — | -$188,000 | — | — | — | — | — |
| Net borrowing | $0 | $0 | -$48M | -$70M | -$48M | -$49M | -$28M | -$104M | -$15M | -$23M |
| Free cash flow margin | — | 4.0% | 0.8% | -2.5% | 4.4% | -2.8% | -0.7% | 1.2% | -0.2% | -1.3% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for ORN.
Open ORN in InvestinglyQuestions
What was ORN's revenue in 2025?
$852M in fiscal 2025, from its 10-K filing.
How much free cash flow does ORN generate?
-$11M in fiscal 2025 (operating cash flow minus capital spending).
From ORN's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.