NASDAQ$ORGN
Origin Materials Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Increased offtake agreements and capacity reservations, maintained adjusted EBITDA and capital expenditure outlook.
Origin Materials reported a net income of $8.3 million for Q3 2022, with cash, cash equivalents, and marketable securities totaling $362.2 million. The company maintains its construction timeline for Origin 1, expecting mechanical completion by the end of 2022. Customer demand remains strong, with contracted offtake agreements and capacity reservations increasing to $9.0 billion.
- Origin Materials increased total signed offtake agreements and capacity reservations to $9.0 billion.
- Origin 1 construction is on track for mechanical completion by year-end 2022.
- The previously disclosed Origin 2 capital budget, construction timeline, and financing are unchanged.
- The company maintains its 2022 adjusted EBITDA and capital expenditure outlook.
Headline financials
Revenue & EPS history
Origin Materials · Revenue · Quarterly
$1.3M
Forward guidance
The Company is maintaining Adjusted EBITDA and its previously updated capital spending estimate for fiscal year 2022
Tailwinds
- Adjusted EBITDA loss of up to $36 million
- Capital spending is expected to be up to $175 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q3 2022
-5.4%
Avg return
Earnings day
-2.4%
Avg return
5 days after
-5.8%
Avg return
30 days after
42%
10 / 24 earnings
Positive
+27.9%
Q2 2024
Best reaction
-66.3%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +9.6% | -6.1% | — | |
| Q1 2026 | +0.0% | +21.1% | -13.0% | |
| Q3 2025 | -3.7% | -8.2% | -17.6% | |
| Q2 2025 | -33.5% | -36.8% | -32.7% | |
| Q1 2025 | -32.7% | -24.0% | -34.9% | |
| Q4 2024 | -4.2% | -9.4% | -34.6% | |
| Q3 2024 | -11.4% | -15.4% | -6.5% | |
| Q2 2024 | +27.9% | +86.0% | +80.2% | |
| Q1 2024 | -21.6% | -17.4% | -17.7% | |
| Q4 2023 | -6.1% | -5.9% | -11.9% | |
| Q3 2023 | -19.0% | +1.8% | -29.6% | |
| Q2 2023 | -66.3% | -67.1% | -65.3% | |
| Q1 2023 | +7.6% | +8.8% | +8.8% | |
| Q4 2022 | +3.8% | +0.2% | -17.3% | |
| Q3 2022 | +6.8% | +3.6% | +4.3% | |
| Q2 2022 | +12.4% | +18.2% | -0.3% | |
| Q1 2022 | -14.2% | -3.1% | +5.3% | |
| Q4 2021 | +5.7% | +11.8% | +40.0% | |
| Q3 2021 | +3.8% | -3.9% | -15.9% | |
| Q2 2021 | +3.3% | -13.4% | +19.7% | |
| Q1 2021 | -0.3% | +0.1% | +1.2% | |
| Q4 2020 | -0.3% | +0.1% | +1.2% | |
| Q2 2020 | +3.8% | +1.9% | +0.3% | |
| Q3 2020 | -0.4% | +0.1% | +2.7% |
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