OEC

Orion S.A.

7 filings tracked

materialsspecialty chemicalsSMALL ($300M-2B)

Signal Magnitude Chart

bullish

bearish

neutral

Signal Timeline

bearishMay 6

Net income swung to a loss of $9.9 million from a $9.1 million profit YoY.

earnings miss

90%

bearishMay 6

Adjusted EBITDA dropped 30.4% due to rubber segment collapse and feedstock lags.

margin compression

80%

neutralMay 6

Increased reliance on revolving credit facilities to fund ballooning working capital.

capital raise

40%

bearishMay 6

Net income swung to a loss of $9.9 million from a $9.1 million profit YoY.

earnings miss

90%

bearishMay 6

Adjusted EBITDA dropped 30.4% due to rubber segment collapse and feedstock lags.

margin compression

80%

neutralMay 6

Increased reliance on revolving credit facilities to fund ballooning working capital.

capital raise

40%

bearishMay 6

Net income swung to a loss of $9.9 million from a $9.1 million profit YoY.

earnings miss

90%

bearishMay 6

Adjusted EBITDA dropped 30.4% due to rubber segment collapse and feedstock lags.

margin compression

80%

neutralMay 6

Increased reliance on revolving credit facilities to fund ballooning working capital.

capital raise

40%

bearishMay 6

Net income swung to a loss of $9.9 million from a $9.1 million profit YoY.

earnings miss

90%

bearishMay 6

Adjusted EBITDA dropped 30.4% due to rubber segment collapse and feedstock lags.

margin compression

80%

neutralMay 6

Increased reliance on revolving credit facilities to fund ballooning working capital.

capital raise

40%

bearishMay 6

Net income swung to a loss of $9.9 million from a $9.1 million profit YoY.

earnings miss

90%

bearishMay 6

Adjusted EBITDA dropped 30.4% due to rubber segment collapse and feedstock lags.

margin compression

80%

neutralMay 6

Increased reliance on revolving credit facilities to fund ballooning working capital.

capital raise

40%

bearishMay 6

Net income swung to a loss of $9.9 million from a $9.1 million profit YoY.

earnings miss

90%

bearishMay 6

Adjusted EBITDA dropped 30.4% due to rubber segment collapse and feedstock lags.

margin compression

80%

neutralMay 6

Increased reliance on revolving credit facilities to fund ballooning working capital.

capital raise

40%

bearishMay 6

Net income swung to a loss of $9.9 million from a $9.1 million profit YoY.

earnings miss

90%

bearishMay 6

Adjusted EBITDA dropped 30.4% due to rubber segment collapse and feedstock lags.

margin compression

80%

neutralMay 6

Increased reliance on revolving credit facilities to fund ballooning working capital.

capital raise

40%

Filing History

10-QMay 6, 2026

Orion S.A.'s Q1 2026 filing depicts a company at a critical crossroads, balancing a promising high-tech pivot against a decaying legacy core. The divergence between the Specialty and Rubber segments is stark; while the former shows growth and pricing power, the latter is suffering from severe margin attrition and volume-price friction. The overall impact of the filing is a mixed signal: operational demand remains intact, but financial flexibility is tightening. Investors are now faced with a trade-off between the secular growth potential of conductive carbon black and the immediate risks of a debt-heavy balance sheet. The company's ability to navigate the current working capital trough without breaching debt covenants will be the primary determinant of its short-term stability. Ultimately, the success of the La Porte facility will decide if Orion can successfully transition from a cyclical commodity provider to a specialized materials leader.