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10-QMEDIUM RiskDETERIORATING

Orion S.A.

orioncarbons.com
Filed: May 6, 2026 CIK: 0001609804Manufacturing
View original filing on SEC.gov

AI Executive Summary

AI-powered analysis of 10-Q filing content

Orion S.A. experienced a significant financial deterioration in Q1 2026, swinging from $9.1M profit to $9.9M loss year-over-year. The company faces material liquidity concerns with current debt obligations of $351.2M against cash of only $50.5M, though gross margins remain relatively stable.

Red Flags Detected (5)

Net loss of $9.9M vs $9.1M profit in prior year Q1

Operating income collapsed 63.5% from $31.2M to $11.4M

Current portion of debt increased $46.2M to $351.2M creating liquidity pressure

2 more red flags detected

Key Takeaways

Company maintains adequate total assets of $1.93B but faces short-term funding challenges

Interest expense increased to $14.7M from $13.7M, adding pressure to already declining profitability

2 more takeaways

Filing Overview

Form TypeQuarterly Report (10-Q)
Filing DateMay 6, 2026
Risk LevelMEDIUM
TrendDETERIORATING
AI Confidence85%
Red Flags5

What This Means

Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.

Quarterly Report: Interim filing with unaudited financial data for the quarter.

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