Orion Properties Inc. (ONL)

Orion Properties Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Property Revenue	145.16	146.83	164.06	194.24	207.35	79.46
Service and Other Revenue	0.75	0.82	0.81	0.8	0.77	0.27
Revenue	145.92	147.65	164.86	195.04	208.12	79.73
Revenue Growth (YoY)	-6.26%	-10.44%	-15.47%	-6.28%	161.03%	49.10%
Property Expenses	63.16	64.83	65.15	60.78	61.52	13.41
Total Property Expenses	63.16	64.83	65.15	60.78	61.52	13.41
Gross Profit	82.76	82.82	99.71	134.26	146.6	66.32
Selling, General & Admin	20.56	20.31	20.09	18.72	15.91	3.83
Depreciation & Amortization Expenses	55.88	58.75	100.82	109.11	131.37	43.92
Other Operating Expenses	105.06	100.27	48.09	33.62	68	57.77
Operating Income	-98.74	-96.51	-69.29	-27.19	-68.67	-39.2
Net Gains on Disposal of Properties	7.06	7.06	-	0.03	2.35	-
Interest Expense	-30.62	-31.53	-32.64	-29.67	-30.17	-4.27
Other Non-Operating Income (Expense)	-13.42	-18.05	-0.83	-0.03	-0.77	-3.84
Total Non-Operating Income (Expense)	-36.99	-42.51	-33.47	-29.67	-28.59	-8.11
Pretax Income	-143.24	-139.03	-102.76	-56.86	-97.26	-47.31
Provision for Income Taxes	0.26	0.26	0.21	0.46	0.21	0.16
Net Income	-143.53	-139.31	-103.01	-57.3	-97.49	-47.48
Minority Interest in Earnings	-0.03	-0.02	-0.04	0.01	-0.02	-0.02
Net Income to Common	-143.53	-139.31	-103.01	-57.3	-97.49	-47.48
Shares Outstanding (Basic)	56	56	56	56	57	57
Shares Outstanding (Diluted)	56	56	56	56	57	57
Shares Change (YoY)	0.71%	0.59%	-0.90%	-0.39%	0.01%	-
EPS (Basic)	-2.56	-2.48	-1.84	-1.02	-1.72	-0.84
EPS (Diluted)	-2.56	-2.48	-1.84	-1.02	-1.72	-0.84
Shares Outstanding	56.83	56.31	55.95	55.78	56.64	56.63
Free Cash Flow	-58.92	-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	-1.05	-0.50	-0.05	1.25	1.81	0.82
Dividends Per Share	0.080	0.080	0.400	0.400	0.400	-
Dividend Growth	-	-80.00%	-	-	-	-
Gross Margin	56.71%	56.09%	60.48%	68.84%	70.44%	83.18%
Operating Margin	-67.67%	-65.37%	-42.03%	-13.94%	-33.00%	-49.17%
Profit Margin	-98.34%	-94.34%	-62.46%	-29.38%	-46.84%	-59.53%
FCF Margin	-40.38%	-19.04%	-1.85%	36.22%	49.30%	57.93%
EBITDA	-42.86	-37.77	31.53	81.92	62.69	4.72
EBITDA Margin	-29.37%	-25.58%	19.12%	42.00%	30.12%	5.92%
EBIT	-98.74	-96.51	-69.29	-27.19	-68.67	-39.2
EBIT Margin	-67.67%	-65.37%	-42.03%	-13.94%	-33.00%	-49.17%
Effective Tax Rate	-0.18%	-0.19%	-0.21%	-0.80%	-0.22%	-0.33%

Updated May 7, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q