Orion Properties Inc. (ONL)

Orion Properties Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Property Revenue	146.83	164.06	194.24	207.35	79.46
Service and Other Revenue	0.82	0.81	0.8	0.77	0.27
Revenue	147.65	164.86	195.04	208.12	79.73
Revenue Growth (YoY)	-10.44%	-15.47%	-6.28%	161.03%	49.10%
Property Expenses	64.83	65.15	60.78	61.52	13.41
Total Property Expenses	64.83	65.15	60.78	61.52	13.41
Gross Profit	82.82	99.71	134.26	146.6	66.32
Selling, General & Admin	20.31	20.09	18.72	15.91	3.83
Depreciation & Amortization Expenses	58.75	100.82	109.11	131.37	43.92
Other Operating Expenses	100.27	48.09	33.62	68	57.77
Operating Income	-96.51	-69.29	-27.19	-68.67	-39.2
Net Gains on Disposal of Properties	7.06	-	0.03	2.35	-
Interest Expense	-31.53	-32.64	-29.67	-30.17	-4.27
Other Non-Operating Income (Expense)	-10.54	-0.83	-0.03	-0.77	-3.84
Total Non-Operating Income (Expense)	-35	-33.47	-29.67	-28.59	-8.11
Pretax Income	-139.03	-102.76	-56.86	-97.26	-47.31
Provision for Income Taxes	0.26	0.21	0.46	0.21	0.16
Net Income	-139.31	-103.01	-57.3	-97.49	-47.48
Minority Interest in Earnings	-0.02	-0.04	0.01	-0.02	-0.02
Net Income to Common	-139.31	-103.01	-57.3	-97.49	-47.48
Shares Outstanding (Basic)	56	56	56	57	57
Shares Outstanding (Diluted)	56	56	56	57	57
Shares Change (YoY)	0.59%	-0.90%	-0.39%	0.01%	-
EPS (Basic)	-2.48	-1.84	-1.02	-1.72	-0.84
EPS (Diluted)	-2.48	-1.84	-1.02	-1.72	-0.84
Free Cash Flow	-28.12	-3.05	70.65	102.61	46.19
Free Cash Flow Growth	-	-	-31.15%	122.13%	10.34%
Free Cash Flow Per Share	-0.50	-0.05	1.25	1.81	0.82
Dividends Per Share	0.080	0.400	0.400	0.400	-
Dividend Growth	-80.00%	-	-	-	-
Gross Margin	56.09%	60.48%	68.84%	70.44%	83.18%
Operating Margin	-65.37%	-42.03%	-13.94%	-33.00%	-49.17%
Profit Margin	-94.34%	-62.46%	-29.38%	-46.84%	-59.53%
FCF Margin	-19.04%	-1.85%	36.22%	49.30%	57.93%
EBITDA	-37.77	31.53	81.92	62.69	4.72
EBITDA Margin	-25.58%	19.12%	42.00%	30.12%	5.92%
EBIT	-96.51	-69.29	-27.19	-68.67	-39.2
EBIT Margin	-65.37%	-42.03%	-13.94%	-33.00%	-49.17%
Effective Tax Rate	-0.19%	-0.21%	-0.80%	-0.22%	-0.33%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q